Book Consultation

Gondaliya CPA

Corporate Tax Filing Experts

Accountant for Fencing and Deck Builders in Ontario and Across Canada

We account for your spring deposits as deferred revenue, job-cost every deck and fence against the materials, put your tools and trucks in the right CCA class, file your T5018 installer slips, and smooth your seasonal cash flow so you see real profit. Whether you build wood and composite decks, install fences, create outdoor-living spaces with pergolas and railings, or run a combined landscape-construction crew, we handle the construction books, the deposits and material costing, the WSIB and the payroll, smooth the cash flow through the off-season, and plan the salary, dividends and eventual sale of your corporation — with AFFORDABLE flat fees.

1300+
5-Star Google Reviews
✅ LICENSED CPA FIRM– VERIFY NOW

AFFORDABLE Fencing and Deck Builder Tax Accountant

A fencing and deck builder makes most of a year’s money in a short outdoor season, funds every job with spring deposits, and lives and dies on materials — and each of those pressures lands on your T2 before the profit ever reaches you. Deposits and price-volatile composite decking tie up your cash, subcontracted installers put you squarely in T5018 and payroll territory, and cash deck and fence jobs land you on CRA’s underground-economy list. That is why you need a fencing and deck builders accountant Ontario who knows construction. At Gondaliya CPA, we specialize in job costing and corporate tax planning for fencing and deck builders, accounting for your spring deposits as deferred revenue, putting your tools, trucks and mini-excavator in the right CCA class, and filing your T5018 installer slips — AFFORDABLE flat-fee support that keeps you CRA-compliant and stops you paying more tax than you owe.

As a deck building accounting services firm, we work with wood and composite deck builders, fence contractors, outdoor-living builders creating pergolas, gazebos and railings, and combined landscape-construction crews across Ontario, with year-round support rather than a once-a-year scramble. We tell you plainly what you can deduct, what you cannot, and where the real profit sits on each deck and fence after materials and installers.

Let us handle the numbers so you can focus on the work that actually pays you.

Gondaliya CPA team - accounting and tax services for fencing and deck builders

Our Official Partners

Google Reviews
CPA Ontario
QuickBooks
Wagepoint
Xero
Stripe
Rotessa
Hubdoc
ADP

Accounting That Understands How a Fencing and Deck Business Actually Works

Running a fencing and deck business comes with financial pressures a desk-bound business never faces. You collect spring deposits to lock in materials, you build most of the year’s work in a short outdoor season, you pay subcontracted installers, and price-volatile composite decking and lumber drive your cost. At Gondaliya CPA, we understand the financial reality of a seasonal construction business and provide practical, deck-and-fence-focused solutions across the GTA and all of Ontario.

💰

Deposits & Deferred Revenue

The deposits you take in the spring are a liability until the deck is built, not income the day they land.

📈

Materials & Job Costing

Composite decking, lumber and fence panels are your biggest cost, and job-costing each project is the only way to know your margin.

🛡

Subcontractors & the Underground Economy

Subcontracted installers mean T5018, and cash deck and fence work is exactly what CRA looks for.

💵

Tools, Trucks & Seasonality

Your saws, augers and trailers each sit in a different CCA class, and a short season makes off-season cash flow critical.

Stay Compliant and Minimize Your Fencing and Deck Builder Tax

For a fencing and deck builder, staying onside with CRA and WSIB and paying the least legal tax are the same job. We keep every filing on schedule while claiming every tool and job cost the T2 allows, so nothing is missed and nothing invites a reassessment.

📋

WSIB & the Construction Act

Fencing and deck work in Ontario means mandatory WSIB registration and premiums on your crew wages, the 10% holdback and prompt-payment rules under the Construction Act on larger and commercial jobs, and the municipal building permits a deck requires and a fence needs by bylaw. Financing companies will not move without proper CPA financial statements, so we prepare the compiled statements a lender actually accepts. Getting WSIB clearance and holdback right protects your ability to win larger outdoor-living and commercial contracts.

CRA Obligations for Fencing and Deck Builders

Staying compliant with CRA means more than one return a year. We manage your HST returns, payroll source deductions on the PD7A remittance, and the T5018 Statement of Contract Payments for every subcontracted installer you pay. By monitoring the areas CRA reviews most often on construction files — cash deposits and the underground economy above all — we reduce your audit exposure and keep your corporation financially sound.

📈

Year-End Deliverables for Fencing and Deck Builders

At year-end, a fencing and deck corporation needs a proper trial balance, financial statements that carry deferred deposits and work-in-progress, and a T2 with GIFI on Schedule 100 that ties to your HST returns. Where a lender is involved, you also need CPA-compiled financial statements for equipment financing. Our team prepares every deliverable on time and in compliance, so your file is audit-ready and financing-ready.

Accounting & Tax Experts for Fencing and Deck Builders

Gondaliya CPA fencing and deck builder accounting expertsGondaliya CPA fencing and deck builder tax experts
  • AFFORDABLE + Fully Licensed CPA Firm
  • Business and Corporate Tax Expert
  • Small & Medium Business Expert
  • Accounting, bookkeeping, and tax filing
  • Certified CPA
  • 1300+ 5-star Google reviews
  • 30-Day Money-Back Guarantee
  • 60-Day Fees Matching Policy

Why Choose Our Accounting Services for Fencing and Deck Builders?

1
🎯

Tax Planning — Trade & Equipment Expertise

We know the assets: saws, augers and compressors in Class 8 at 20%, work trucks and trailers in Class 10 at 30%, small tools under $500 in Class 12 at 100%, and a mini-excavator or skid steer in Class 38 at 30%. We plan the section 85 rollover, protect the $500,000 Small Business Deduction, and set up the $1.25M LCGE for an eventual sale.

2
💳

Consulting — Job-Costed Construction Bookkeeping

Our bookkeeping tracks materials, labour and subs against every deck and fence, so you know the real margin on a composite deck versus a fence line. We account for spring deposits as deferred revenue, carry work-in-progress, and tie your HST returns to job revenue.

3
🛡

CRA Representation — Trade Audit & Payroll

When CRA questions your subcontractor classification, your T5018 slips, or opens an underground-economy review of your cash deposits, we prepare the response, defend the subcontractor-versus-employee position, reconcile WSIB, and pursue relief on Form RC4288 where penalties came from a prior error.

4
🏢

Bookkeeping — Seasonal Cash Flow, Financing & Growth

We smooth the cash flow between spring deposits and the off-season, prepare the CPA financial statements equipment financing requires, and get you ready to hire crews and take on larger outdoor-living and commercial contracts.

Fully Licensed CPA Ontario
1300+ ★★★★★
Google Reviews
30-Day Money-Back Guarantee
60-Day Fees-Matching Policy
ACTIVELY ACCEPTING
Fencing and Deck Builder Clients
Includes personal T1 filing for you and your family
Convenient Availability
Weekend and evening support until 9 PM
Always Within Reach
Just a call away when you need us

Fencing and Deck Builder Tax and Accounting Services in Ontario

📄

Corporate Tax Filing for Fencing and Deck Builders

Professional T2 preparation with Schedule 8 CCA on your saws, trucks and mini-excavator, deferred deposits and work-in-progress, and CRA compliance on every line.

💳

Accounting & Bookkeeping for Fencing and Deck Builders

Job-costed bookkeeping with financial statements, clean records, and monthly reporting built for a seasonal construction business.

📈

Corporate Tax Planning for Fencing and Deck Builders

Smart tax planning to protect the Small Business Deduction, time tool and equipment purchases, and plan salary, dividends and sale.

Catch-Up Corporate Tax Filing for Fencing and Deck Builders

File overdue T2 and T5018 years, rebuild missing job records, and get back into CRA compliance with accurate catch-up support.

🧾

GST/HST Filing for Fencing and Deck Builders

AFFORDABLE HST filing with full input tax credits on composite decking, lumber and fence materials, matched to your T2 to avoid CRA penalties.

🧹

Corporate Tax Cleanup for Fencing and Deck Builders

Correct tool and equipment CCA classes, reclassify deposits as deferred revenue, and bring every filing fully compliant and up to date.

🛡

CRA Audit Resolution Services for Fencing and Deck Builders

Expert support for subcontractor-versus-employee audits, T5018 penalties, WSIB and underground-economy reviews, with confidence.

📊

CPA Compilation Report (Notice to Reader) for Fencing and Deck Builders

CPA-compiled financial statements that equipment lenders and general contractors accept for larger outdoor-living contracts.

🏢

Incorporation Services for Fencing and Deck Builders

Full incorporation including NUANS, articles, share structure, and the section 85 rollover from your unincorporated fencing and deck business.

Accounting & Tax Services Tailored for Fencing and Deck Builders

Real, practitioner-level CPA expertise for wood and composite deck builders, fence contractors, outdoor-living builders and combined landscape-construction crews across Ontario — built for how a seasonal construction business actually runs.

  • We prepare your T2 filing for fencing and deck builders with GIFI on Schedule 100, reporting deck construction revenue on its correct line against the $500,000 small business limit, so CRA’s automated review never flags your corporation for a construction desk audit.
  • We claim capital cost allowance on Schedule 8, placing your saws and power tools in CCA Class 8 tools at the 20% Class 8 rate, because most fencing and deck builders under-claim this equipment and hand CRA tax they never actually owed.
  • We put your work truck and trailer in CCA Class 10 trucks at 30% Class 10 and your small tools under $500 in CCA Class 12 small tools at 100% Class 12, so a CRA equipment review cannot disallow an inflated first-year deck builder claim.
  • We place your mini-excavator in CCA Class 38 mini excavator treatment at the 30% Class 38 rate and carry work-in-progress deck on incomplete jobs, so revenue matches cost on your T2 corporate return deck builder and CRA cannot reassess an overstated year.
  • We present deferred revenue deposits as a liability and tie the figure to your T2 sales, so spring deposits collected before a deck is built are not taxed early and CRA does not tax your corporation at 12.2% on cash you have not yet earned.
  • We build job costing for deck builders in Knowify deck job costing so composite decking materials, crew labour and subcontractor costs post to each deck and fence, because a 5% costing error erases the profit CRA expects your T2 to show.
  • We run day-to-day bookkeeping for fencing and deck builders in QuickBooks for deck builders with Dext receipt capture on every pressure-treated lumber purchase, so you hold the six years of records CRA requires and a missing slip never costs you a $5,000 reassessment adjustment.
  • We track materials markup and waste on each project in Sage 50 fencing accounting, separating fence panels and posts from crew wages, because waste and offcuts that reach 10% of material cost erode a margin CRA still expects your cost of sales to explain.
  • We connect Jobber deck bookkeeping to your file so a spring deposit on a composite deck flows in as a customer deposit and deferred revenue rather than as income CRA would tax too early, deferring tax on a $15,000 deposit until the work is earned.
  • We reconcile bank and equipment-loan accounts monthly in Xero for deck builders and run payroll for deck builders through Wagepoint payroll, remitting the PD7A so a missed source deduction never draws the 10% CRA payroll penalty on your crew.
  • We set the salary vs dividends deck builder mix, paying T4 salary to the $68,500 CPP maximum while the balance flows as dividends against fence installation income, so the combined tax CRA collects on your tax planning for fencing and deck builders is minimized.
  • We protect the section 125 small business deduction so your active deck building income is taxed at the 12.2% Ontario small business rate, watching CRA’s associated-corporation and passive-income rules that grind the $500,000 small business limit down to the general rate.
  • We model equipment lease versus buy on a new post-hole auger or compressor and time the purchase before your December 31 year-end, so even the half-year rule’s 50% first-year limit delivers a meaningful ITA 20(1)(a) capital cost allowance and defers tax CRA would otherwise collect.
  • We time your small tools under $500 purchases so drills, levels and fence-post drivers are fully expensed at 100% in Class 12 the year you buy them, answering can deck builders write off tools by saving CRA tax immediately instead of depreciating the cost slowly.
  • We plan years ahead so your shares qualify for the $1.25M lifetime capital gains exemption, purifying the corporation of non-active assets and watching the section 84.1 anti-surplus rule, so a future sale of your deck building business escapes CRA tax.
  • We handle the catch-up corporate tax return for fencing and deck builders, reconstructing unfiled T2 revenue and costs from bank deposits and job records where no bookkeeping exists, so CRA cannot arbitrarily assess your deck business at $10,000 or more above what you actually owe.
  • Late filing costs the 5% plus 1% per month late-filing penalty of the balance owing up to twelve months, so we file your oldest unfiled T2 first to stop the deck builder late filing penalty compounding and limit the arrears interest CRA charges your company.
  • We prepare the unfiled T5018 filing for deck builders for years you paid subcontracted installers, filing them with the catch-up returns so CRA does not add the $100 per slip T5018 penalty on top of your late T2.
  • We file an RC4288 taxpayer relief request to cancel penalties and interest where illness, a prior bookkeeper’s error or genuine hardship applies, covering the ten years CRA allows and often cancelling 100% of the accumulated penalties on your deck building business.
  • We rebuild the undepreciated capital cost pools across the unfiled years so up to $8,000 of missed capital cost allowance on your power equipment and work vehicles is recovered across the last three CRA-reassessable years, and recapture on equipment you sold is reported correctly.
  • Because fencing and deck services are taxable at 13% HST Ontario, we handle your HST filing for fencing and deck builders, answer do I charge HST on deck building, and match your GST/HST return to your T2 so CRA never assesses uncharged tax.
  • You must register for GST/HST returns for fence contractors once taxable revenue passes the $30,000 HST registration threshold across four consecutive quarters, and we track the exact quarter you cross so CRA cannot assess back-tax on jobs where you never collected it.
  • We claim the input tax credits on your cedar and railing materials, concrete footings cost, permit fees and Class 12 tools, recovering the HST on line 108 of your GST/HST return, up to $4,000 a year that CRA otherwise keeps if you never claim it.
  • Because your input tax credits on materials and installers are large, we compare the regular method against the GST/HST Quick Method fencing filed on Form GST74 each year, checking the $400,000 eligibility limit, and elect whichever remits less HST to CRA.
  • We reconcile the HST on your returns to the sales on your T2 for your deck builder GST return, because CRA’s matching program compares the two and a fencing and deck builder whose figures disagree by 2% is among the fastest files audited.
  • We file an amended T2 to capitalize power equipment a prior preparer wrongly expensed in one year, moving your skid steer into Class 38 and table saw into Class 8, restoring roughly $3,000 a year of capital cost allowance CRA lets you claim.
  • We clean up the shareholder loan and report it on Schedule 50 shareholder loan, because a balance the owner owes past two year-ends is added to personal income by CRA under subsection 15(2), turning a $40,000 draw into taxable income we help you avoid.
  • We reclassify spring deposits a prior bookkeeper booked as immediate revenue into deferred revenue, restating your seasonal booking income so a season’s profit is not overstated on the T2 and CRA is not taxing your corporation twice on the same $25,000.
  • We review whether your regular installers are truly subcontractors under CRA’s rules, because CRA can reassess back CPP, EI and payroll on wages that belonged on a T4, often $18,000 per mislabelled worker, so we fix it and file amended slips.
  • We restate prior years where the 10% holdback Construction Act allows and unbilled work were ignored, matching revenue to cost, and recover input tax credits on materials expensed without the claim before the four-year CRA reassessment window closes, a refund that can reach $6,000.
  • When CRA opens a construction audit, our CRA audit help for deck builders manages the whole file and answers the T5018, tool and crew-wage queries inside the deadlines, so a review of one year does not expand into a $20,000 reassessment across three prior years.
  • Where CRA proposes penalties for late T5018 contract payments deck on your subcontracted installers, we assemble the contract-payment records and argue the assessment down or away, saving a fence contractor who pays several crews as much as $3,600 in penalties.
  • We resolve WSIB for fencing and deck builders premium reviews by reconciling reported crew wages and installer payments to your T4 summary, because WSIB treats an unregistered subcontracted crew as your worker and can back-charge $9,000 of WSIB premiums over two years, which we dispute.
  • When CRA runs an underground economy CRA fencing review comparing bank deposits to reported income, we prepare the source-and-application-of-funds reconciliation on your deck construction revenue and answer within the 30-day deadline before CRA assesses an unexplained $12,000 gap as income.
  • We file the Notice of Objection within 90 days of a CRA reassessment that can add $8,000 in tax and interest, and pursue relief on Form RC4288 where a prior accountant’s error caused the penalties, protecting your right to the Tax Court of Canada.
  • We prepare the CSRS 4200 CPA compilation report, the financial statements for deck builders a bank and an equipment lender require across two fiscal years and tie to your T2, so a thin file never stalls financing on a $60,000 mini-excavator.
  • We build the working-capital and equity picture a lender underwrites, presenting spring deposits and work-in-progress correctly on the balance sheet and tying them to your T2, so your deck company financial statements support a line of credit worth over $150,000, or the bank walks.
  • Lenders financing a $45,000 composite decking and tool package want two fiscal years of compiled statements showing stable margins, so our accounting firm for fencing and deck builders presents your equipment, debt and seasonal revenue with the T2, so the bank never stalls approval.
  • For prequalification with builders and general contractors, we produce reviewed or audited statements where a compilation is not enough, tying them to your T2 so your company meets the thresholds a $500,000 outdoor-living contract and the Construction Act require.
  • The CSRS 4200 report from your CPA for fencing and deck builders discloses no audit was performed and sets the accounting basis, tied to your T2 and delivered within 30 days so a $250,000 conditional bond and Construction Act prompt payment Ontario fencing milestones hold.
  • We handle how to register a fencing business Ontario under the Ontario Business Corporations Act, answering should I incorporate my deck building business by capping CRA tax on retained profit below the 53.53% personal rate, filing a T2 instead, and shielding you from unlimited liability.
  • We complete the section 85 rollover deck builder on Form T2057, transferring your equipment, work vehicle and goodwill into the new corporation at elected amounts, deferring the capital gain, its 50% inclusion and the recapture a straight sale would trigger for CRA.
  • We complete your WSIB registration within the required deadline before the first crew starts and open payroll so the first source-deduction remittance and WSIB premiums are correct, sparing an unregistered fencing contractor the retroactive premiums — often $7,000 or more — that immediate registration avoids.
  • As your fence and deck contractor accountant Ontario we open the corporation’s CRA Business Number, register the GST/HST account, and open payroll, closing the old sole-proprietorship accounts so you never remit the same income twice or draw a duplicate-filing penalty that can top $1,000.
  • We set the opening balance sheet, share classes and first fiscal year-end up to 53 weeks out, so dividends can later be split and the first T2 filing and CRA balance-due date for your deck building corporation, often $5,000, are deferred nearly a year.

Fencing & Deck Builder Tax Check

Six quick questions on your deposits, job costing, T5018 slips, tool CCA and off-season cash flow. No fee shown.

1. Are you treating your spring deposits as deferred revenue until the deck is built?

2. Are you job-costing each deck and fence against the materials?

3. Are you filing T5018 slips for your subcontracted installers?

4. Are your saws, trucks and mini-excavator in the right CCA class?

5. Are you reporting all cash jobs and deposits on your return?

6. Are you managing cash flow through the off-season?

Free CPA Consultation for Fencing and Deck Builders

Case Studies: Fencing and Deck Builder Accounting & Tax

Toronto Composite Deck Builder — Tool & Equipment CCA Reclassified and Tax Optimized

The problem: A Toronto composite deck builder had saws, a compressor, a mini-excavator and a work truck that a prior preparer had dumped into a single wrong CCA class, so the company was under-claiming capital cost allowance every year and expensing thousands in small tools that should have been written off fully in Class 12. Spring deposits were booked as immediate revenue, which inflated the profit CRA taxed in a year two large deck contracts closed.

What we did: We rebuilt Schedule 8, moving the saws and compressor into Class 8 at 20%, the work truck and trailer into Class 10 at 30%, the mini-excavator into Class 38 at 30%, and the small tools under $500 into Class 12 at 100%, filed an amended T2 to recover the missed depreciation, and reclassified the spring deposits as deferred revenue so profit was earned as the decks were built.

The result:

  • Saved $23,700 in corporate tax in the first corrected year
  • Recovered $31,400 of previously unclaimed CCA on tools and equipment
  • Smoothed profit so the Small Business Deduction was preserved

Barrie Fence Contractor — Subcontractor/T5018 & Payroll Fixed, Underground-Economy Review Closed

The problem: A Barrie fence contractor paid subcontracted installers in cash and by e-transfer, filed no T5018 Statement of Contract Payments for three years, and treated a full-time crew as subcontractors — each unfiled slip an exposure to the $100-per-slip penalty and a live subcontractor-versus-employee reassessment risk on CPP, EI and payroll, all while CRA opened an underground-economy review of the cash deposits.

What we did: We rebuilt the books in Sage 50, filed all outstanding T5018 returns, reclassified the true employees onto payroll through Wagepoint with proper PD7A remittances and WSIB coverage, reconciled the bank deposits to reported income, and filed an RC4288 taxpayer relief request on the accumulated penalties.

The result:

  • All T5018 penalties cancelled under Form RC4288
  • Underground-economy review closed with no additional tax assessed
  • Payroll and WSIB brought fully compliant before CRA review

Ottawa Outdoor-Living Builder — Deposit Deferred Revenue, Seasonal Cash Flow & Work-in-Progress Corrected

The problem: An Ottawa outdoor-living builder constructing pergolas, railings and large composite decks was booking every spring deposit as immediate revenue and ignoring work-in-progress, so its financial statements swung wildly and overstated one year’s profit — and a winter cash crunch left it short for the HST and WSIB payments that came due in the off-season.

What we did: We restated the books to carry deferred revenue on deposits until earned and work-in-progress on incomplete decks, applied percentage-of-completion on the longer contracts, built an off-season cash-flow plan that set aside HST and payroll as they accrued, and tied the whole file to a clean T2 with GIFI.

The result:

  • Saved $17,300 in tax by correcting premature revenue recognition
  • Off-season cash flow stabilized to cover HST and WSIB when due
  • Financial statements accepted by the bank for an equipment line

Our Simple Process

How We Work With Fencing and Deck Builders

Know Exact Fees within 2 Minutes NOW

Our clear, efficient process ensures every step is transparent, building trust and long-term client relationships.

Here’s a simplified process approach:
Step 1

Kickoff (Document Request)

Collect prior T2 returns, your tool and equipment list, job and contract records, deposit ledger, subcontractor list, WSIB account, and bank statements.

Step 2

First 30 Days (Cleanup & Setup)

Set up QuickBooks Online, Sage 50 or Knowify, build the job-costing chart of accounts, classify tool and equipment CCA, and configure subcontractor, T5018 and deposit deferred-revenue tracking.

Step 3

Monthly Close

Monthly reconciliations, receipt capture, job costing, HST tracking, and subcontractor payment logging.

Step 4

Quarterly Planning Review

Salary and dividend mix, HST, equipment timing, work-in-progress and deposit review, and off-season cash flow.

Step 5

Year-End Close & T2 + T5018 Filing

Trial balance, financial statements with deferred deposits and work-in-progress, T2 with GIFI, T5018 filing, and CRA preparation.

Get Your Fencing and Deck Builder Taxes Done Right Today

Transparent Pricing for Fencing and Deck Builders

Affordable Pricing for Fencing and Deck Builders

Know Exact Fees within 2 Minutes NOW

We believe in clear, upfront pricing so you know exactly what to expect. All fees include HST.

  • Tax Preparation (Corporation) — From $400
  • Tax Return Filing (Corporation) — From $400
  • Tax Compliance Audit — FREE CRA audit support for our clients
  • Tax Strategy — FREE for our clients
  • Accounting Base Plan — From $100 per month
  • Bookkeeping Management — Free for our Accounting clients
  • Financial Reporting — Free for our Accounting clients
  • Business Formation — Flat $35
  • Incorporation Process — Flat $35
  • Entity Setup Assistance — Flat $35
  • Full-Service Payroll — From $125 per month

Payment is by Interac e-Transfer to info@gondaliyacpa.ca only. Security question: Not Applicable, as auto-deposit is enabled.

Meet Your Lead Fencing and Deck Builder Accountant

Meet your lead fencing and deck builder accountant. As your construction and corporate tax adviser, you deal with the same two people every year.

Sharad Gondaliya CPA

Sharad Gondaliya, CPA

Principal

Bio

647-212-9559
sharad@gondaliyacpa.ca

Vandana Goel CPA

Vandana Goel, CPA

Accounting Specialist

Bio

647-250-0242
vandana@gondaliyacpa.ca

What Our Clients Say

1300+ five-star reviews from fencing, deck and construction business owners across Ontario and Canada.

Serving Fencing and Deck Builders Across Ontario

Our CPA team provides specialized accounting and tax solutions for fencing and deck builders throughout Ontario. We understand how a seasonal construction business actually operates, what CRA looks at on your deposits, cash jobs and T5018 slips, and how to keep your margin and cash flow honest through the off-season.

Toronto (ON)

55 Queen St E Ste 1205, Toronto, ON M5C 1R6, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Mississauga (ON)

5373 Bullrush Dr, Mississauga, ON, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Brampton (ON)

4 Starhill Crescent, Brampton, ON L6R 2P9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Scarborough (ON)

24 Clementine Square, Scarborough, ON M1G 2V7, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Vaughan (ON)

19 Cabinet Crescent, Woodbridge, ON L4L 6H9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Oshawa (ON)

210 Durham St, Oshawa, ON L1J 5R3, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Ottawa (ON)

2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Etobicoke (ON)

60 Stevenson Rd #1601, Etobicoke, ON M9V 2B4, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Hamilton (ON)

70 Starling Dr, Hamilton, ON L9A 0C5, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Guelph (ON)

1155 Gordon St, Guelph, ON N1L 1S8, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Windsor (ON)

4387 Guppy Ct, Windsor, ON N9G 2N8, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

North York (ON)

150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Fencing and Deck Builder Accounting & Tax FAQs

Should I incorporate my deck building business?
In almost every case, yes. A fencing and deck business carries real risk — crews, subcontracted installers, and job-site liability on every deck and fence — and incorporating under the Ontario Business Corporations Act puts a corporate shield between that risk and your personal assets. It also drops the tax on retained profit to roughly 12.2% in Ontario on the first $500,000 of active income, so money you leave in the business to buy composite decking or the next work truck is taxed far more lightly than at your personal rate. Incorporation lets you plan a salary-and-dividend mix, build RRSP room, and later claim the $1.25M Lifetime Capital Gains Exemption when you sell. WSIB, general contractors and larger bonded jobs also expect to deal with an incorporated contractor with proper CPA financial statements. We move your existing tools, equipment, trucks and goodwill into the corporation on a section 85 rollover so no tax is triggered on the transfer. There are added costs — annual T2 filing and a minute book — but for a working fencing and deck builder the protection and tax savings almost always outweigh them, and our firm handles the whole setup.
How are fencing and deck builders taxed in Canada?
An incorporated fencing and deck builder files a T2 corporate return and pays about 12.2% in Ontario on the first $500,000 of active business income under the Small Business Deduction, with profit above that at the general rate. Money you take personally as salary or dividends is then taxed on your T1. Job costing, tool and equipment CCA, and treating spring deposits as deferred revenue all shape how much of your revenue actually becomes taxable profit.
Do I need to file T5018 for my installers?
Yes. If more than half your business income is from construction and you pay subcontracted installers, you must file a T5018 Statement of Contract Payments each year. Missing or late slips carry a penalty of up to $100 per slip, and unfiled T5018s are a classic CRA audit trigger for fencing, deck and construction files. We track your installer payments and file the slips with your T2.
What CCA class are my tools and a mini-excavator?
Saws, augers and compressors generally belong in Class 8 at a 20% declining-balance rate. Work trucks and trailers fall in Class 10 at 30%, small tools under $500 in Class 12 at 100%, and a mini-excavator or skid steer in Class 38 at 30%. Getting each asset in the right class on Schedule 8 is where most fencing and deck builders leave money on the table.
Can I write off my small tools, truck and trailer?
Yes. Small tools under $500 — drills, levels, fence-post drivers and hand tools — are fully written off in Class 12 at 100% the year you buy them. Your work truck and trailer depreciate in Class 10 at 30% through capital cost allowance, and lease payments are deductible as incurred. We put every tool and vehicle in the correct class so you claim the maximum allowed each year.
Is my installer a subcontractor or an employee?
It depends on control, tools, and financial risk, not on what you call them. A worker you direct daily, whose tools and materials you supply, is usually an employee, and CRA can reassess back CPP, EI and payroll if you treated them as a subcontractor. We review each relationship and fix the treatment before an audit does it for you.
How do I handle customer deposits I take in the spring?
A spring deposit is not income the day it lands. It is deferred revenue — a liability — carried on your balance sheet until the deck or fence is built and the work is earned. Booking it as immediate revenue overstates one year’s profit and taxes you early on cash you have not yet earned. We set your books up so each deposit is recognized as the job is completed, keeping your year-end and your T2 honest.
Do I charge HST on decks and fences?
Yes. Fencing and deck building services are taxable at 13% HST in Ontario. You must register once taxable revenue passes the $30,000 threshold, then charge HST on your invoices and claim input tax credits on the HST you pay for composite decking, pressure-treated lumber, fence panels and tools. We file the returns and match them to your T2 so CRA’s matching program has nothing to flag.
How do I job-cost a deck against the materials?
You post the composite decking, lumber, fasteners, concrete footings, subcontracted installer labour and crew wages to each deck or fence as a job, then compare that cost to the contract price. Software such as Knowify, Jobber or QuickBooks Online makes it routine. Job costing is the only way to know your real margin, spot a job that lost money, and price the next one properly.
Why is residential deck and fence work a CRA audit target?
Residential fencing and decks sit at the centre of CRA’s underground-economy program because cash jobs, unreported deposits and mismatched HST are common, and installer payments are easy to misreport. CRA compares your bank deposits, HST returns and T2, checks your T5018 slips, and questions whether your installers are really employees. Clean books, filed T5018s and reported cash deposits are the fastest way to stay off that radar.
How do I manage cash flow through the off-season?
You plan the winter before it arrives. We project your corporate instalments, set aside HST and payroll remittances as they accrue through the busy season, and time equipment and material purchases so a slow off-season never leaves you short when CRA and WSIB payments come due. Treating spring deposits as deferred revenue also stops you spending money you have not yet earned.
What records does CRA want from a deck builder?
Six years of records: bank and credit statements, sales invoices and contracts, deposit records, material and subcontractor receipts, your tool and equipment list with purchase documents, payroll and T5018 records, WSIB filings, and mileage or fuel logs. Cash jobs, unreported deposits and personal-use vehicles are the areas CRA probes hardest, so clean, complete records are your best defence on a construction audit.
How do I get started?
Book a free consultation and you will know your exact fees within two minutes. Call 647-212-9559 or email info@gondaliyacpa.ca.

Related Industries We Serve

Accountant for Carpenters

  • Tool, shop-equipment and vehicle CCA planning
  • T5018 subcontractor and WSIB compliance
  • Job costing, holdback and corporate tax filing

Accountant for Concrete Contractors

  • Equipment and vehicle CCA planning
  • T5018 subcontractor and WSIB compliance
  • Job costing, holdback and corporate tax filing

Accountant for Basement Finishing Contractors

  • Tool and equipment CCA planning
  • T5018 subcontractor and payroll compliance
  • Job costing, HST and corporate tax filing

Accountant for Incorporated Businesses

  • T2 corporate tax filing and planning
  • Salary versus dividend optimization
  • Financial statements and bookkeeping

Fencing and Deck Builder Accounting & Tax Done Right.

T2 filing, Class 8, Class 12 and Class 38 tool and equipment CCA, T5018 installer slips, deposit deferred-revenue and work-in-progress accrual, HST, WSIB, job costing and seasonal cash flow under one roof. AFFORDABLE flat fees, no hourly billing. Licensed CPA Ontario. 1300+ five-star reviews. 30-Day Money-Back Guarantee.



Scroll to Top