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Services
Get caught up
Catch-Up BookkeepingFrom $1,800Books & payroll
BookkeepingFrom $350/monthPayrollGet a quoteSR&ED ClaimsEnd-to-end SR&ED claims, quoted after consultationSR&ED for Software CompaniesQuoted after consultationSR&ED-Ready BookkeepingBooks + T2 for SR&ED claimsTax filing
Corporate Tax (T2)From $800 · nil T2 from $249GST/HST Filing$150 per returnPersonal Tax (T1)From $110 · students from $49Sole Proprietor Tax (T1 + T2125)From $300Start & grow
IncorporationFrom $499 + gov feesVirtual CFOFrom $2,500/monthAI Consulting & AutomationFor small businessesIndustries
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PricingService areasAll services →CPA-Led, Flat-Rate Accounting and Tax for Victoria Businesses
T-Ledgers is a CPA-led accounting firm working remotely with Victoria businesses, professionals, tourism operators, landlords and self-employed people, from downtown and James Bay to Fernwood, Oak Bay and the West Shore. We do bookkeeping, catch-up work, corporate (T2) and personal (T1) tax, GST and PST, and payroll on flat fees quoted before we start.
- CPA, FCCA · CPA BC #C77000292
- Flat fees, no surprise bills
- Victoria clients served remotely
Wajahat Ajmal, CPA, FCCA | CPA Ontario member #77000292 (also registered with CPA BC, #C77000292; verify my licence) | 202 clients served | $60 million in client revenue managed | Flat fees, no surprise bills | Reply within one business day | QuickBooks Online, Xero and Dext | Read our Google reviews
Victoria’s economy leans on the provincial government, health care, tech, tourism and a long list of small professional practices, studios and trades. Many owners here are consultants or contractors billing the public sector, or seasonal businesses that live and die by the summer tourist months. Both need clean, current books: one for GST and PST that can be audited, the other for cash flow planning across a lumpy year. T-Ledgers does both on flat fees.
I’m Wajahat Ajmal, CPA, FCCA, registered with CPA BC (#C77000292) and practising since 2020. We do not have an office in Victoria. We work with Victoria clients by phone, video, email and a secure client portal, and the time difference works in your favour: we start early Pacific time.
On this page: Services and prices · Victoria rules · British Columbia tax · Voluntary disclosure · Why T-Ledgers · FAQ
Accounting services and prices for Victoria businesses
Every service is quoted at a flat rate before we start. These are starting prices, + HST/GST. BC clients pay 5% GST on our fees. BC PST does not apply to our accounting fees: the Province’s plan to add PST to accounting services has been paused. If you are GST-registered you can usually claim the GST back as an input tax credit. You get the exact figure in writing after a free call.
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| Service | Starting price | What it covers |
|---|---|---|
| Catch-up bookkeeping and back taxes | From $1,800 per year + HST/GST | Priced per year: missing years rebuilt from bank and card statements, with the overdue GST and PST returns and the T2 for each year filed in the right order. Personal T1 returns are quoted separately. Final flat price confirmed after we see what is missing. |
| Bookkeeping | From $350/month (quarterly); monthly bookkeeping from $500/month, + HST/GST | Reconciliations, GST and PST returns and year-end-ready books in QuickBooks Online or Xero, reviewed by a CPA. |
| Corporate tax (T2) | From $800 + HST/GST | Year-end financial statements and your T2, including the British Columbia schedules. Nil returns for inactive corporations from $249. |
| Personal tax (T1) | Student $49; regular from $110 + HST/GST | Employees, students, landlords and owner-managers, with British Columbia credits included. |
| Sole proprietor tax (T1 + T2125) | From $300 + HST/GST | Your personal return plus the T2125 business statement, with GST and PST and instalments checked. |
| Payroll | Quoted after consultation | Pay runs, CRA source deductions, WorkSafeBC reporting, Employer Health Tax tracking, T4s and ROEs. |
| GST/HST returns | $150 per return + HST/GST | Quarterly or annual GST/HST returns prepared from your books, with input tax credits checked before filing. |
| Virtual CFO | From $2,500/month + HST/GST | Cash flow forecasts, budgets, KPI reporting and monthly CFO meetings for growing companies. |
| SR&ED claims | Quoted after consultation | End-to-end SR&ED claims: eligibility review, project write-ups, the T661 claim form and the T2 filing, plus CRA review support. See SR&ED for software companies. |
| Incorporation | Quoted separately | Our incorporation service is for Ontario-based businesses. If your BC company is already registered, we take it from there. Registrations in other provinces are quoted separately. |
Service pages: bookkeeping · catch-up bookkeeping · corporate tax · payroll · GST/HST · personal tax · virtual CFO
Most incorporated Victoria clients take monthly bookkeeping plus a T2, with the owner’s T1 alongside. GST/HST returns on their own are $150 per return + HST/GST. See all packages and pricing.
Victoria rules that show up in your books
In Victoria you deal with the City of Victoria, the Capital Regional District, the Province of British Columbia and the CRA. Here is what comes up most in the books. (Official sources checked October 2026.)
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| Rule | Who it affects | Official source |
|---|---|---|
| City of Victoria business licence | Every business operating in Victoria needs a City business licence. The licence year runs January 16 to January 15, the fee for most general business licences is $100 under Business Licence Bylaw 89-071, and a $25 late fee applies after February 15. The fee is a deductible business expense. | City of Victoria business licensing and Business Licence Bylaw 89-071 |
| Inter-municipal licence for mobile businesses | Trades and other mobile businesses working across the region can get an Inter-Municipal Business Licence that covers participating Capital Region municipalities, instead of buying a licence in each one. You buy it from the municipality where your business office is located. | BC mobile business licences |
| Short-term rentals | Short-term rentals are allowed only in your principal dwelling unit, with a $150 City short-term rental licence each year. You can rent the whole unit for up to 160 nights a year while you are away, and hosts must also register each unit with the Province's short-term rental registry. | City of Victoria short-term rentals and BC short-term rental registry |
| Accommodation taxes | Short-term accommodation in BC carries 8% PST plus the Municipal and Regional District Tax (MRDT), which is 3% in Victoria. Use the Province's MRDT map to confirm the rate for a specific address. | BC PST on accommodation and MRDT map |
Law: City of Victoria Business Licence Bylaw; Provincial Sales Tax Act, SBC 2012, c.35; Short-Term Rental Accommodations Act (BC).
British Columbia tax rules every Victoria business deals with
← Swipe to compare →
| Rule | What it means | Official source |
|---|---|---|
| GST 5% plus 7% BC PST | GST registration is required once taxable revenue passes $30,000 in a calendar quarter or over four consecutive quarters. BC PST is a separate provincial tax with its own registration and returns if you sell or lease taxable goods or services. | CRA GST/HST rates page and BC PST |
| BC small business rate: 2% | Canadian-controlled private corporations pay 2% BC tax on the first $500,000 of active business income (11% combined with the federal 9%). The general BC rate is 12% (27% combined). | BC corporate income tax rates |
| Employer Health Tax (EHT) | BC payroll up to $1 million is exempt. Between $1 million and $1.5 million the tax is 5.85% of the amount over $1 million; above $1.5 million it is 1.95% of total BC payroll. | BC Employer Health Tax |
| WorkSafeBC coverage | Most employers must register with WorkSafeBC when they hire their first worker. Premiums are based on your industry and payroll. | WorkSafeBC: do you need coverage? |
| BC annual report | Every BC company files an annual report with BC Registries each year after its incorporation anniversary. It is separate from the T2. | BC Registries |
Income above the $500,000 small business limit is taxed at 27% combined (15% federal plus 12% BC). BC announced PST on accounting and bookkeeping services for October 1, 2026, then paused it; check the Province’s sales tax updates before you rely on any older article. More in our guides to corporate tax rates in Canada and GST/HST filing deadlines.
Law: Excise Tax Act s.165 (GST); Excise Tax Act s.240(1) (registration required); Income Tax Act s.125(1) (small business deduction); Provincial Sales Tax Act, SBC 2012, c.35; Employer Health Tax Act, SBC 2018, c.42.
Behind on your books? Catch-up is our speciality
If you are a few years behind, you are not unusual, and it is fixable. We start with your bank and credit card statements, rebuild the oldest year first, then file what is outstanding in the right order: GST and PST returns, T2s and personal returns. If the CRA has sent letters or estimated assessments, we deal with them as part of the job. Penalties and interest keep growing until you file, so waiting rarely helps.
Catch-up work is priced per year, from $1,800 per year + HST/GST. See catch-up bookkeeping, back tax filing and a real file in our catch-up case study.
Behind with the CRA? Voluntary disclosure
If you have unfiled returns or income you never reported, the CRA’s Voluntary Disclosures Program (VDP) lets you correct it before the CRA contacts you, with relief on penalties and part of the interest. Many Victoria owners come to us only after a CRA letter arrives; coming forward first usually gets a better result.
- The law behind it: the CRA can waive or cancel penalties and interest for up to 10 calendar years back under Income Tax Act s.220(3.1) (income tax) and Excise Tax Act s.281.1 (GST/HST). The VDP is how the CRA applies that power to people who come forward.
- Unprompted applications (no CRA contact about the issue yet) normally get 100% penalty relief and 75% interest relief. Prompted applications (after a CRA letter that names a specific error or sets a deadline) normally get up to 100% penalty relief and 25% interest relief. These rules apply to applications received on or after October 1, 2025 (CRA Information Circular IC00-1R7).
- Who qualifies: you must apply before an audit or investigation starts, include all the corrected returns and documents, be at least one year or one reporting period past the due date, and pay the estimated tax or ask for a payment arrangement (CRA’s VDP eligibility page).
The CRA program covers your income tax and GST. BC PST is administered by the BC Ministry of Finance, which has its own process for late or unfiled PST returns; we deal with both.
We rebuild the missing years, prepare the corrected T1, T2 and GST/HST returns, and file them with Form RC199 so the CRA reviews everything together. Pricing depends on how many years are involved and is part of our catch-up bookkeeping quote, which starts from $1,800 per year + HST/GST. The CRA decides each application case by case, so relief is never guaranteed.
Law: Income Tax Act s.150(1) (filing deadlines); Income Tax Act s.162(1) (late-filing penalty); Income Tax Act s.161(1) (interest on unpaid tax); Income Tax Act s.152(7) (assessment not dependent on return); Excise Tax Act s.238(1) (GST/HST returns).
Why Victoria owners work with T-Ledgers
A CPA on every file
I review the work before anything goes to the CRA. Nothing is filed without my sign-off.
Flat fees in writing
You get the price before we start. If the scope changes, we agree the new price with you first.
Replies within one business day
Tell us if a CRA deadline is close and we will put it first.
Cloud tools
QuickBooks Online or Xero for the books and Dext for receipts. We take over your file or set one up.
Remote by design
Victoria clients work with us by phone, video, email and a secure client portal. There is no office visit to book.
Hours that fit
Monday to Friday 9 a.m. to 8 p.m. ET, Saturday 10 a.m. to 4 p.m. ET. That is 6 a.m. to 5 p.m. Pacific time on weekdays and 7 a.m. to 1 p.m. on Saturday.
T-Ledgers vs a traditional Victoria firm vs DIY
← Swipe to compare →
| T-Ledgers | Traditional local firm | DIY with software | |
|---|---|---|---|
| Pricing | Flat fee quoted in writing before we start, + HST/GST. No surprise bills. | Often hourly, or a quote that grows with "extra" work | Software subscription, plus your evenings |
| Who does the work | Led and reviewed by a CPA, FCCA | Varies: partner, staff accountant or bookkeeper | You |
| Behind on filings | Catch-up is our speciality; we file in the right order | Some firms decline messy or multi-year files | Hard to know where to start |
| Reply time | Within one business day | Varies | Not applicable |
| Meetings | Phone, video, email and a secure portal; no office visits needed | In person, usually office hours | None |
Who we work with in Victoria
- Consultants and contractors to government: IT, policy, engineering and project consultants, with GST, instalments and salary-versus-dividend planning.
- Tourism and hospitality: tour operators, restaurants and accommodation providers, with seasonal cash flow, PST and MRDT handled correctly.
- Tech and creative studios: software, design and media companies, with SR&ED-ready books. See SR&ED tax credits.
- Health and professional corporations: physicians, dentists, counsellors and other professionals.
- Trades and home services: renovators, landscapers and contractors, with T5018 slips and WorkSafeBC.
- Landlords and self-employed people: rental schedules, short-term rental income, T2125 income and instalments.
If your payroll is approaching $1 million, talk to us about the BC Employer Health Tax before you cross the threshold, not after.
How it works
- Free 30-minute call. What is filed, what is not, and what you need. Straight answers even if you do not hire us.
- Fixed quote in writing. If the scope changes later, we agree the new price with you before doing the extra work.
- Secure onboarding. We connect your bank feeds, set up or take over QuickBooks Online or Xero, and get you on Dext so receipts go in with a photo.
- Monthly and year-end delivery. Books kept current, GST and PST filed on time, and your T2 and T1 prepared at year-end.
Meet your CPA
Wajahat Ajmal, CPA, FCCA, Founder
I started my career in audit at KPMG, which taught me to go back to the source and reconcile everything before anything gets filed. I later worked as an independent contractor for a tax filing company. I’ve practised in Canada since 2020 and founded T-Ledgers in 2023.
I’m a CPA Ontario member (#77000292), also registered with CPA BC (#C77000292), and a Fellow of ACCA. You can verify my CPA Ontario membership in the public directory, or read more on our About page.
Client results
“I was behind a few years on filing and my situation was a little complicated but he handled everything great and did all the communicating with the CRA so that I didnt have to.”
Google review, catch-up filing client
Read all our Google reviews or see our case studies.
Frequently asked questions
No. We do not have an office in Victoria. T-Ledgers is based in Ontario, and we work with Victoria clients by phone, video, email and a secure client portal. Most clients never need a meeting in person.
Our flat fees are the same across Canada: catch-up bookkeeping from $1,800 per year, bookkeeping from $350 a month (quarterly; monthly from $500), a student T1 for $49, a regular T1 from $110, a sole proprietor T1 with T2125 from $300 and a T2 from $800, all + HST/GST. Payroll is quoted after consultation. For Victoria clients the tax on our fees is 5% GST; BC PST does not apply to our accounting fees (the planned expansion to accounting services is paused). You get the exact figure in writing before we start.
Not directly. Our incorporation service is for businesses based in Ontario, and registrations in other provinces are quoted separately. Once your British Columbia corporation is registered, we take over the bookkeeping, payroll, GST and PST and T2 from day one.
Monday to Friday 9 a.m. to 8 p.m. ET and Saturday 10 a.m. to 4 p.m. ET. That is 6 a.m. to 5 p.m. Pacific time on weekdays and 7 a.m. to 1 p.m. on Saturday. We reply within one business day.
Yes. Every business operating in Victoria needs one. The licence year runs January 16 to January 15, the fee for most general business licences is $100 under Business Licence Bylaw 89-071, and a $25 late fee applies after February 15.
Only in your principal dwelling unit. You need a $150 City short-term rental licence each year and must register the unit with the Province’s short-term rental registry. While you are away you can rent the whole unit for up to 160 nights a year.
No, not at the moment. BC announced PST on accounting and bookkeeping services for October 1, 2026, but paused the change, so our fees carry 5% GST only. We will tell clients if that changes.
Canadian-controlled private corporations pay 2% BC tax on the first $500,000 of active business income (11% combined with the federal 9%). The general BC rate is 12% (27% combined).
Yes. BC clients pay 5% GST on our fees. BC PST does not apply to our accounting fees: the Province’s plan to add PST to accounting services has been paused. If you are GST-registered you can usually claim the GST back as an input tax credit.
Yes, catch-up is our speciality. We rebuild the books from bank and card statements, oldest year first, and file the GST and PST returns, T2s and personal returns in the right order. Catch-up work is priced per year, from $1,800 per year + HST/GST.
Yes. We prepare the corrected returns and Form RC199 and file them together. Unprompted applications normally get 100% penalty relief and 75% interest relief; applications made after a CRA letter normally get up to 100% penalty relief and 25% interest relief. The CRA decides each case, so relief is never guaranteed.
More places we serve in British Columbia
We also work remotely with clients everywhere in Canada except Quebec.
Ready to talk to a CPA about your Victoria business?
Current or years behind, the next step is the same: a free 30-minute call, and a fixed price in writing before any work starts. Book online, call (866) 254-5368 or email info@tledgers.ca.
Last updated October 15, 2026. Reviewed by Wajahat Ajmal, CPA, FCCA. Official sources checked October 2026.