Vehicle fleets. Tool allowances. Payroll and source deductions. CRA remittances. GST/HST. Handled monthly by a CPB-certified senior bookkeeper who speaks the language of the trades.
Municipal contracts, job costing, equipment
Seasonal billing, equipment, parts
Residential and commercial
Licensing, compliance, billing
Labour-intensive, subcontractors
Materials, labour, T5018s
Seasonal, equipment, crews
Service calls, fleet, materials
Each company vehicle, each fuel card, each driver — all tracked and reconciled monthly. Fuel, maintenance, insurance separated correctly.
Tool allowances paid to tradespeople coded correctly — not as wages. Equipment purchases vs. expenses handled the right way for CRA.
Full payroll via Wagepoint. CRA remittances submitted on time. No late remittance penalties. T4s at year-end included.
CRA takes the employee vs. subcontractor distinction seriously. Proper coding from day one protects you from an expensive reassessment.
Input Tax Credits maximized on every purchase. GST/HST filed quarterly — or monthly if your volume requires it.
Invoice recording, payment posting, and outstanding receivables tracked. Know who owes you and how long they have owed it.
CRA charges interest on late source deduction remittances from day one. Repeated late remittances trigger audits. Payroll is one of the most CRA-scrutinized areas for trades businesses.
SBBK manages payroll through Wagepoint, which auto-submits CRA remittances on time — no manual PD7A, no missed deadlines, no interest charges.
Ottawa. Toronto. Mississauga. Hamilton. Barrie. London. Thunder Bay. If your trades business is incorporated anywhere in Ontario or Canada, SBBK handles your books remotely.