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CPA Answers · Knowledge Base · Scarborough 2026

How Much Does Corporate Tax Filing Cost in Scarborough?

A licensed Ontario CPA's published starting price, and the reasoning behind it. Corporate returns begin at $400, the figure is agreed in writing before anything starts, and no part of the work is charged by the hour. This page sets out what a T2 return involves, what other firms across the province charge for it, and what lifts a quote above the opening price.

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Quick Answer

A corporate return for a Scarborough business starts at $400 with us, agreed as an exact flat figure before work begins. What moves the number is the file rather than the address: what the company took in and how many entries sit behind that figure, whether family members are paid through the business, whether more than one company is involved, and whether earlier years were ever properly closed. A single straightforward corporation with records that reconcile belongs at the opening price. Across the province, large firms commonly begin around $3,000, mid-size practices around $1,500 and local independents around $800. Nothing here is billed hourly, the figure does not drift afterwards, and the engagement letter states exactly what is covered. Please use the pricing calculator for your specific number in about two minutes.

The Most AFFORDABLE CPA Firm for Corporate Tax Filing in Ontario

Corporate tax filing is the annual T2 return that every incorporated business in Canada has to submit, in every year the company exists, whether it traded heavily, broke even or sat idle. The return reports what the company earned, applies the small business deduction where it qualifies, carries the capital cost allowance on equipment and vehicles, translates the financial statements into the CRA's standard coding, and has to reconcile back to the balance sheet the company started and ended the year with. It falls due six months after the fiscal year end, with any tax payable due earlier than that. Prepared properly it is a routine annual exercise. Prepared hurriedly by somebody working to a low fee, it quietly costs an owner far more than the fee ever saved them.

This firm was built around a single proposition: doing that work correctly at the lowest price in Ontario. Corporate returns start at $400. It is not a promotional rate, not limited to a first year and not a figure that exists only in advertising, and it works because of how the practice is run. There is no tower lease to service, no partner leverage model requiring junior staff to reach billable targets, nobody managing the account between you and the person preparing the return, and no clock running while you ask a question. The software carries what would otherwise take several staff. What is left is a licensed CPA firm preparing the same return a national firm would prepare, without a national firm's overhead to recover from you.

What Corporate Tax Filing Costs Across Ontario

Quotes for the same corporate return vary enormously across the province, and very little of that variation has anything to do with the return. A national or large regional firm will commonly quote somewhere between $3,000 and $10,000 for an owner-managed company, and a good deal more where several entities are involved. A mid-size practice usually falls between $1,500 and $4,000. A local independent accountant tends to sit between $800 and $2,000. A preparer without a professional designation may quote a few hundred dollars, though that saving is frequently repaid with interest through work that never got done. The figures below are the starting points each tier tends to quote rather than sourced data, and every firm prices an individual file on its own facts.

Type of FirmTypical Starting FeeWhat Drives Their Price
National and large regional firmsFrom $3,000Tower premises, partner leverage, account management layers and hourly billing
Mid-size practicesFrom $1,500Office overhead and staffed teams, generally billed against time
Local independent accountantsFrom $800Lower overhead, but manual processes and limited capacity
Non-designated preparersFrom $200No professional regulation, no insurance and nobody answerable if it is wrong
Gondaliya CPA, licensed CPA Ontario firmFrom $400Fully remote, fully digital, flat fee agreed in writing, no hourly billing at any stage

The comparison worth making is price against accountability, not price on its own. A preparer without a designation can quote below us, but is regulated by nobody, carries no professional insurance and answers to no governing body if the return turns out to be wrong. We hold a CPA Ontario firm registration you can check on the public directory linked above, and we quote from $400. That is the position we hold in this province, and it is why owners arrive from both directions: from large firms paying several times more, and from unregulated preparers who discovered what the saving actually cost.

Our Corporate Tax Filing Pricing

This is where our corporate returns begin. Nothing is charged hourly, and the precise amount for your company is confirmed in writing before any work is done.

Corporate Tax FilingOur FeeBasisWhat It Covers
Consultation and quoteFREEOne-timeWe review the company and agree an exact flat figure before anything begins
Corporate tax return (T2)From $400AnnualThe return with every required schedule, GIFI coding and electronic transmission to the CRA

Your Figure in About Two Minutes

A short set of questions returns a specific number, before you speak to anybody.

Calculate My Fee

The Four Things That Decide Your Fee

1

Takings and Volume

Revenue matters, but the number of entries behind it matters more. A retail counter running hundreds of daily sales is heavier than the same revenue across a few invoices.

2

Condition of the Records

Books that already balance turn the return into a summary. Books that do not need rebuilding before anything can be prepared, and we price that separately and visibly.

3

Family in the Business

A spouse on payroll, adult children helping out, dividends within the household. Each is legitimate when handled properly and each needs looking at.

4

What Is Still Open

Missed years, returns that went in wrong, mail nobody replied to. Anything hanging over the company is cleared first, and costed before we lift a finger.

Scarborough has been part of the City of Toronto since amalgamation, and there is no separate municipal corporate return. Your company files the same T2 federally and provincially, on the same deadlines, as a company anywhere else in Ontario. So when quotes differ between firms, the difference is in the fee and in what the fee covers, never in the filing obligation itself.

What Lifts a Scarborough Return Above the Opening Price

Complexity is not a vague word deployed to justify a larger invoice. It is a specific and fairly short list, each item of which adds identifiable work, and all of which can be seen before a figure is agreed.

What Adds WorkWhy the Fee Responds
Records needing work firstNothing can be prepared until the figures trace back to the bank
High daily transaction countsRetail and food service generate volume that has to be reconciled, not estimated
Family members paid by the companySalary and dividends within a household have rules that must be applied properly
A second corporationEach company files separately, and amounts between them must agree in both directions
Earlier years unresolvedHistory is cleared before routine compliance, and adjustments follow their own process
Sector-specific reportingInventory, tips, job costing and similar layers depending on the trade

The Scarborough Files That Actually Reach Us

The east end's business base leans toward retail and convenience stores, restaurants and takeaway kitchens, salons and personal care, auto repair and the trades, healthcare and dental practices, and small distribution operations. Two features recur here often enough to name. The first is family involvement: a spouse on payroll, adult children working weekends, dividends flowing within a household. All of it is legitimate when the work is genuine and the amounts are reasonable, and all of it is among the first things a reviewer examines, which is why it deserves care rather than assumptions picked up from a relative. The second is newly incorporated businesses, since a great many Scarborough owners incorporated only recently and are filing a first or second return. Those early returns set the opening position, the share structure and the asset pools that every later year inherits, so getting them right once is worth considerably more than saving a hundred dollars on the fee.

Read past the headline figure. With two quotes side by side, establish what each return actually includes, whether calls and emails are chargeable, whether the figure is fixed or an estimate that can move later, and whether earlier-year problems would be resolved or simply carried forward another year. A quote covering less while charging for questions can easily finish dearer than a higher figure covering the work properly.

Where an Inexpensive Return Becomes an Expensive Year

What a corporate return really costs is almost never the fee. It is the capital cost allowance never set up, so equipment goes unclaimed year after year. It is the recoverable tax on purchases that nobody ever went back and claimed. It is the shareholder account nobody tracked, appearing later as a taxable benefit nobody budgeted for. It is the family salary nobody documented, which becomes indefensible the moment it is questioned. It is the takings that never reconciled to the deposits, which turns a short enquiry into a long one. Each of those costs a multiple of any realistic difference in fees between firms, and each comes from work not done rather than from a price set too low.

The most expensive item in a small company's tax file is usually the one nobody examined. Amounts withheld from staff and amounts collected on sales are held in trust, directors can be assessed for them personally, and that exposure survives the company being wound up. A return produced quickly and cheaply by somebody who never asked what the corporation is registered for, or who is being paid through it, is not a saving. It is a cost deferred, with interest accumulating on it. Anyone quoting a figure should be asking those questions before naming one.

What the Fee Should Buy You

  • A figure agreed in writing before work starts. Not an estimate, not a bracket, and not a number that moves later.
  • The amount quoted is the amount invoiced. No revision because the file proved harder than expected.
  • A firm whose registration you can check. The CPA Ontario directory is public and linked at the top of this page.
  • Ask us anything without watching a clock. Phoning your accountant should not appear as a line on next month's bill.
  • Two dates in your calendar, not one. Tax is payable earlier than the return is due, and that gap is where owners get caught.
  • Honesty when the answer is not what you hoped. Including telling you when fixing something would cost more than leaving it.

Case Study: A Family Retail Business, Four Years of Undocumented Salary

A Scarborough retail company arrived after several years with a preparer charging appreciably less than our quote. The reasons for the gap surfaced quickly. A spouse and two adult children had been paid through the business for years with nothing recorded about the work performed or the basis of the amounts, leaving a substantial deduction impossible to support if it were ever questioned. Capital cost allowance had never been established on the fit-out or the equipment, so a deduction had gone unclaimed year after year. Daily takings had never been reconciled to deposits, and the gap between them had simply grown. We documented the family roles and set the payroll onto a proper footing going forward, established the asset pools, rebuilt the reconciliation so the takings and the deposits agreed, and corrected what remained correctable. What the first year recovered exceeded several years of the fee saving that had made the previous arrangement look inexpensive. The figures here are illustrative of the work we do, not a specific client file. Know Your Exact Fee →

Corporate Tax Filing, Priced Before You Commit

From $400, agreed in writing, with no hourly billing anywhere in the relationship.

Know the Figure First

The calculator returns a specific number in about two minutes, and the consultation confirms it in writing before any work is done.

One Fee, Fixed at the Start

The return quoted as a single flat amount, with no hourly billing and no revision once the work is finished.

Backed by Guarantees

A 30-Day Money-Back Guarantee and a 60-Day Fees-Matching policy, because a published price should be one you stand behind.

Corporate Tax Filing for Scarborough Businesses

All delivered remotely, with documents through a secure portal and meetings by video or phone, evenings and weekends included.

Corporate Tax ServiceWho It Is For
Corporate tax planning in ScarboroughOwners deciding how to draw income and structure the year ahead
Catch-up corporate tax filing in ScarboroughCorporations with earlier years unfiled and returns outstanding
Voluntary Disclosures Program in ScarboroughOwners correcting unreported income or unfiled returns before the CRA raises it
Incorporation services in ScarboroughBusinesses incorporating, or restructuring a company that already exists
Non-resident tax filing in ScarboroughNon-residents with Canadian filing obligations and property or business here

Unsure which of these your company needs? Ask us on the free consultation and we will tell you straight. Most Scarborough owner-managed businesses need a straightforward annual return and little else, and are often sold considerably more than that. See our corporate tax return filing service.

Frequently Asked Questions: Corporate Tax Filing Costs in Scarborough

How much does corporate tax filing cost in Scarborough?
Our corporate returns begin at $400 for an incorporated business, with the precise amount agreed in writing before we start. The price follows the file, not the neighbourhood: what the company took in, how many entries lie behind that figure, whether family members are paid through the company, and whether earlier years were ever properly closed off. A straightforward single company sits at the opening price.
Why are you cheaper than a large downtown firm?
Because our costs differ, not the work. There is no tower lease to service, no partner leverage requiring juniors to hit billable targets, no account manager standing between you and the preparer, and no clock running on your questions. A large firm quoting several thousand dollars is mostly recovering its own overhead. We prepare the same return without that overhead behind it.
What do other firms in Ontario charge for the same return?
Large and national practices tend to open around $3,000 for an owner-managed company, mid-size firms around $1,500, and independent local accountants around $800. Ours opens at $400. Preparers holding no designation may go lower still, but nobody regulates them, nobody insures them, and nobody is accountable if the return is wrong.
Is $400 a genuine price or an advertising figure?
It is genuine, and businesses pay it. It applies to one corporation whose records add up, whose operations are uncomplicated and which has nothing unresolved sitting behind it. Where a company does not match that description we say so during the free consultation and quote what the work honestly needs.
What do I get for the corporate return fee?
The T2 prepared with every schedule your company requires, the financial figures coded into the CRA's standard format, capital cost allowance maintained on your asset pools, and electronic transmission to the CRA. It assumes the underlying records are complete. Where they are not, that work is identified and quoted visibly instead of being buried in a larger number.
Do you charge by the hour?
No, never. Every engagement is a single flat amount agreed before anything starts, and it holds even where a file turns out to be more involved than expected. Charging by time passes the cost of inefficiency to the client and makes people hesitate before picking up the phone. A fixed price removes both problems at once.
Scarborough is part of Toronto. Does that change my filing?
Not for corporate tax purposes. Scarborough has been part of the City of Toronto since amalgamation, and there is no separate municipal corporate return. Your company files federally and provincially through the same T2, on the same deadlines, wherever in the province it operates. What differs between firms is the fee, not the filing.
What makes one return cost more than another?
Turnover and the number of entries behind it, records requiring work before anything can be prepared, more than one company with amounts moving between them, family members on payroll or receiving dividends, earlier years unfiled or filed incorrectly, and industry reporting layers. All of it is visible at the outset, which is exactly why the price can be fixed.
Is $400 the price for every corporation?
No, it is where the pricing opens. One company with records that reconcile, ordinary operations and a clean history belongs there. Additional companies, unresolved earlier years, family compensation arrangements and heavy transaction volume each move the number, and each is apparent before we commit to it.
My company traded very little last year. Is it cheaper?
Usually. A company with minimal activity still has to file for that year, but a quiet year takes little time and is priced to match. Filing those years matters rather than postponing them, because an unfiled year stays open indefinitely and a lack of activity is not a reason the obligation disappears.
This is my company's first year. Does that cost more?
Slightly, often. A first return requires the opening position, the share structure, the capital assets and the fiscal year end all to be established correctly from nothing, and those decisions carry forward. Getting them right once is what keeps every following year routine, so the additional work at the start earns its keep.
Will the fee rise next year?
Only where the business changes what the work involves: more volume, another company, a new obligation, or something unresolved carried forward. We apply no automatic annual increase, and where a figure genuinely needs to move we explain why before the engagement letter is issued rather than after the return has been prepared.
When and how do I pay?
The fee is settled in writing at the start and invoiced once the work is complete, before the return goes to the CRA. Payment is by Interac e-Transfer to info@gondaliyacpa.ca, with auto-deposit enabled and the security question set to Not Applicable, so nothing needs arranging beyond sending it.
Are there charges I will not see upfront?
None. The engagement letter spells out what is inside the work, what is outside it, and the cost of anything further should you want it. Work outside the agreed scope is quoted and approved by you first. Invoices nobody expected are the complaint we hear most about previous accountants.
We pay my spouse through the company. Does that affect the return?
It affects the work and it deserves attention. Family members can be paid for work genuinely performed at a rate reflecting its value, and the amount is then deductible. Amounts recorded simply to move income between household members do not hold up, and the rules restricting dividends to family who do not contribute are stricter than most owners have been told.
Both my children help in the business. Can I put them on payroll?
Where they genuinely work and are paid a reasonable amount for it, yes, and it is deductible to the company. The record has to show the work happened: hours, duties and payment through payroll like any other employee. Family payroll is common in Scarborough businesses and it is also one of the first things a reviewer looks at.
Our business takes a lot of cash. Does that raise the fee?
It can, because cash requires more care. Daily takings must reconcile to deposits, and where they do not the difference has to be explained rather than ignored. The extra work is in the reconciliation rather than the return itself, and we would rather do it properly than file a figure nobody can support if questions arise.
When is my corporation's return due?
Six months after the fiscal year end for the return, while any balance owing is due two months after year end, or three months where the small business deduction applies. Payment falling due before filing is what most owners miss, so both dates belong in the calendar.
What happens if I file late?
The late-filing penalty is calculated on the unpaid tax, so a year showing a loss files late at little cost while a profitable year grows dearer every month. Interest accrues separately and compounds daily. Filing stops the penalty even where the balance cannot be paid at once, so treat filing and paying as two separate decisions.
Can you fix a return that was filed incorrectly?
Yes. We look at what was submitted, establish what is actually wrong, and prepare an adjustment where correcting it is worthwhile. Not every mistake justifies amending, and where the correction would cost more than it recovers we will tell you rather than bill for work that leaves you no better off.
Will you deal with the CRA for me?
Yes, as soon as we are authorised on the company's accounts. Letters, review requests and information demands arrive with us and we answer them ourselves. Nearly all CRA mail is routine, and it turns serious mainly when it sits unopened. See our CRA audit resolution services.
Are you actually a licensed CPA firm?
Yes. Gondaliya CPA Professional Corporation is registered with CPA Ontario, and you can confirm it on the public directory linked at the top of this page. Anyone may call themselves a tax preparer, while a CPA firm is regulated, carries professional insurance and answers to a governing body. Please verify that before engaging anybody.
Do we have to meet somewhere in Scarborough?
No, and most of our Scarborough clients never visit an office. Documents move through a secure portal, meetings run by video or phone including evenings and weekends, and returns are filed electronically. Working this way is a large part of why the pricing sits where it does, and it saves you the drive entirely.
Which Scarborough businesses do you work with most?
The east end's base leans toward retail and convenience, restaurants and food service, personal care and salons, auto repair and trades, healthcare and dental practices, and small distribution operations. Most are owner-managed, many are family-run, and a good number incorporated within the last few years. Familiarity with that profile keeps the work efficient and the price low.
I incorporated recently and have never filed. What now?
Then the first return sets everything up, and it is better done properly than quickly. We establish the opening position, the share structure and the asset pools, confirm what the company is registered for, and file. Where a year has already been missed we deal with that first. See our catch-up corporate tax filing in Scarborough.
Should my small business even be incorporated?
Not always, and we will say so. Incorporation offers liability separation and lets you defer tax on income left in the company, but it costs more to run and does little for an owner who withdraws everything earned. Where a company already exists, the question becomes whether it is being used well. See our incorporation services in Scarborough.
What if my records are a mess?
Then they are put right before a return is prepared, and that work is quoted openly rather than absorbed into an inflated fee. Preparing a return from figures nobody can trace back to the bank produces a filing that cannot be defended if it is ever questioned, which serves nobody. We will tell you plainly which situation you are in.
Do I have to book a call just to hear a price?
No. The calculator gives you a specific figure in roughly two minutes from a few questions about the company, and you never have to speak to anybody to see it. Please try the pricing calculator.
Do you guarantee anything?
Yes. A 30-Day Money-Back Guarantee, and a 60-Day Fees-Matching policy where comparable work is quoted lower elsewhere. Publishing a price and standing behind it is straightforward when the work is done properly, and it takes the risk out of moving firms after years with the same accountant.
How do I get started?
Please book a free consultation and tell us your fiscal year end, roughly what the company takes in, whether family members are paid through it, and whether anything from earlier years is unresolved. We explain the work, commit to an exact flat figure in writing, and begin with whatever is closest to a deadline. Book Free Consultation →

Corporate Tax Filing From $400, Agreed in Writing.

Gondaliya CPA puts its starting price in public, settles the exact figure before starting, and has no hourly rate to charge you. A licensed CPA Ontario firm serving Scarborough businesses remotely.

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