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goodaccounting
4.9 / 5.0

Small business Accounting services in GTA

Builders Accountant in Toronto. Bookkeeping, HST & Payroll Services.

Corporate tax filing, job costing and payroll for home builders and renovation companies across Ontario.

  • T2 corporate tax filing for builders
  • Job costing and work in progress
  • Capital cost allowance on trucks and equipment
(905) 798-8690
A builder in a hard hat holding house plans on the stairs of a framed home

Corporate tax help for builders

Builder profit lives in the job, not the bank balance. Listed accountants on our platform keep every project's costs in the books and file the corporate return from numbers you can trust.

Builders often juggle deposits, progress draws, holdbacks and subcontractor invoices across several jobs, then guess at margins when the T2 is due. Trucks and equipment need capital cost allowance, not a one-time expense.

The accountants listed here reconcile job costs, crew payroll and HST so the year-end statements match what each project actually earned.

Builders Bookkeeping, Payroll and T2 Tax Filing in Toronto

  1. Corporate tax filing (T2)

    The corporate return and financial statements are prepared from reconciled job costs and filed on time.

  2. Job costing

    Materials, labour and subcontractors are tracked by project so you know the margin on every build.

  3. Equipment

    Trucks and equipment are capitalized and capital cost allowance is claimed on the right class.

  4. HST

    Tax on sales and on materials and subcontractors is reconciled and filed on schedule.

  5. Payroll and subcontractors

    Crews are paid with source deductions and year-end slips, and subcontractor payments are tracked for reporting.

  6. Monthly books

    Bank, supplier and client accounts are closed each month so you can see margin before year-end.

Who this helps

  • Custom and spec home builders
  • Renovation and remodelling companies
  • General contractors with subcontractors
  • Builders hiring crews
Two colleagues celebrating together at a desk with a laptop and paperwork

Our approach

Bookkeeping and tax filing, made simpler

Most builders dread anything to do with tax and books. The language is confusing, the deadlines are stressful and one missed form can be expensive.

Good Accounting is a marketing platform that connects you with listed bookkeepers and tax preparers so the paperwork gets done clearly and on time.

  • Straight answers with no jargon
  • Listed pros for books, HST and payroll
  • A quote before any work begins
4.9 / 5.0· 148+ Reviews

What people say about working with good accounting

Dr. Priya Sharma

Dr. Priya Sharma

·Dentist·Mississauga

“Keeping clinic books and staff payroll straight used to cause constant stress. Through goodaccounting we got a listed bookkeeper who syncs our numbers monthly — someone always picks up when you call.”

Ben Campbell

Ben Campbell

·Bakery Owner·Toronto

“Managing daily POS sales, food costs, and payroll for 12 staff was overwhelming. goodaccounting synced our Square registers with QuickBooks and handles our quarterly HST filings like clockwork.”

David Kim

David Kim

·General Contractor·Hamilton

“Construction accounting is tricky with holdbacks and T5018 subcontractor slips. Aman's team set up job costing so I know my true margin on every job site, with zero surprise fees.”

Sarah Jenkins

Sarah Jenkins

·Tech Founder·Markham

“When our company grew past $2M, our books were a mess. Through goodaccounting we got a listed bookkeeper who cleaned everything up in two weeks and kept monthly reports clear.”

Ready to work with an Accountant

A simple process from first call to finished work.

  1. 1

    Tell us what you need

    Share your situation by phone, video or the contact form. We match you with a listed professional for the right service.

  2. 2

    A clear scope and quote

    You get a plain-language scope of work and a fee quote before anything starts, so there are no surprises.

  3. 3

    Let accountant take care of things

    The bookkeeper or tax preparer prepares, files or reconciles the work, and you review a clear summary before it goes to the CRA.

  4. 4

    Stay organized year-round

    Questions outside tax season are welcome. Keep books and payroll current so filing season stays calm.

Corporate tax for builders FAQ

Answers to common questions in Ontario.

Can I deduct a new truck all in one year?

Usually no. Vehicles and equipment are capital assets deducted over time through capital cost allowance. A listed accountant applies the class that fits.

Why does work in progress change my tax bill?

Income and costs belong to the period of the work. If a half-finished job is booked wrongly, profit and tax are both wrong.

Do builders have to charge HST?

Most construction and renovation work is taxable. You register once revenue passes $30,000 over four consecutive calendar quarters, and many builders register sooner. New home sales have their own rules, so ask a listed accountant.

Can you catch up a year of job books?

Yes. Listed bookkeepers rebuild the year from supplier invoices, payroll and bank statements, then the return is filed.

How much do corporate tax for builders services cost?

Fees depend on the scope and complexity of your situation. After a free consultation we give you a clear quote before any work begins.

Do you provide corporate tax for builders outside Toronto?

Yes. We serve Toronto, Mississauga, Brampton, Vaughan, Markham, Oakville and the wider GTA, and we work with clients across Canada by phone, video and secure online document sharing. Call (905) 798-8690 (Greater Toronto Area) or (647) 527-4970 (Mississauga, Vaughan & Pickering) to get started.

Priya Sharma

Book a call with Accountant

Receive a call within 2 hours.

Priya Sharma

Book a call with Accountant

Receive a call within 2 hours.Ontario - (905) 798-8690Mississauga, Vaughan & Pickering - (647) 527-4970