Accountant for Breweries in Ontario and Across Canada
Keeping breweries on top of their numbers — excise duty, brewing-equipment CCA, beer inventory and cost-of-goods costing, HST and taproom payroll, so every batch is accounted for and your filings stay clean. Whether you run a production craft brewery, a brewpub and taproom, a microbrewery or a contract brewer, a Registered CPA handles the excise, cost accounting and CRA rules that make or break a brewery’s tax bill. Everything is handled under one roof at clear, AFFORDABLE flat fees — no hourly billing and no surprises.
AFFORDABLE Accounting & Tax Services for Breweries
A brewery lives or dies on how its beer is costed and taxed. Get the excise duty, the brewing-equipment CCA, the inventory and cost-of-goods costing, or the HST on taproom versus wholesale sales wrong, and you can overpay tax badly, misprice your beer, or fall behind on your excise returns. Generic bookkeeping rarely handles a manufacturer’s cost accounting or the beer excise regime, and most brewers are too busy brewing, canning and selling to notice.
We do it all under one roof: bookkeeping and cost accounting, corporate tax (T2), excise duty, HST, and year-round tax planning — delivered by a Registered CPA who understands breweries. We cost each batch, track your raw materials, work-in-process and finished goods, optimize your CCA, keep your excise and HST right, and structure the company so its income is taxed as favourably as the rules allow. We serve craft breweries, brewpubs, microbreweries and contract brewers across Ontario and Canada. AFFORDABLE flat fees. No hourly billing.
Our Official Partners
Accounting & Tax Service That Understands Breweries
From production craft breweries and brewpubs to microbreweries and contract brewers, we know how breweries actually earn and how the CRA taxes them. One team keeps your batches, inventory, excise and filings accurate, and your tax as low as the rules allow, with clear fixed fees and no surprises.
Stay Compliant and Minimize Your Brewery Tax
Breweries face rules other businesses do not — excise duty and licensing, the reduced small-brewer rate, Ontario beer taxes and manufacturer cost accounting all have to be right. Compliance and tax savings go hand in hand, and we keep every obligation on schedule while applying every deduction available to your brewery.
Accounting & Tax Experts for Breweries
- AFFORDABLE + Fully Registered CPA Firm
- Brewery & Craft Beverage Specialist
- Excise, Cost Accounting & Corporate Tax Expert
- Bookkeeping, tax filing and financial statements
- Certified CPA
- 1300+ 5-stars Google reviews
- 30-Day Money-Back Guarantee
- 60-Day Fees Matching Policy
Why Breweries Choose Our Tax and Accounting Service
Brewery Expertise
We work with production breweries, brewpubs, microbreweries and contract brewers. We know excise duty, the small-brewer rate, brewing-equipment CCA and batch cost accounting that matter most to breweries.
Full-Service Firm
Bookkeeping, corporate tax, excise, HST, payroll, financial statements and advisory all live under one roof, on one system. You get a single point of contact and joined-up advice, so nothing falls through the cracks.
Fixed-Fee, AFFORDABLE Pricing
Every service is an AFFORDABLE flat fee, quoted before we start. No hourly billing and no surprises for your brewery, all backed by our 30-Day Money-Back Guarantee and 60-Day Fees-Matching Policy.
Trusted by 1300+ Clients
We are one of Canada’s most AFFORDABLE CPA firms, trusted by more than 1,300 business owners. Clients stay because we keep their books clean, filings on time and corporate tax as low as possible.
Google Reviews
Brewery Clients
Brewery Tax and Accounting Services in Ontario
Corporate Tax Filing for Breweries
T2 corporate returns with CCA on your brewhouse and tanks, inventory and cost-of-goods, and manufacturing deductions handled.
Accounting & Bookkeeping for Breweries
Monthly bookkeeping that tracks your batches, raw materials, work-in-process, finished goods, taproom and wholesale sales.
Corporate Tax Planning for Breweries
CCA timing, SR&ED, the small business deduction and structuring so your brewery income is taxed as favourably as possible.
Catch-Up Corporate Tax Filing for Breweries
File overdue T2, excise and HST returns, rebuild your inventory and cost records, and restore CRA compliance.
GST/HST Filing for Breweries
Correct HST on taproom and wholesale beer, coordinated with excise duty, with input tax credits on ingredients and equipment.
Corporate Tax Cleanup for Breweries
Correct inventory-costing, CCA and excise or HST errors by amended return so your brewery books are accurate.
CRA Audit Resolution Services for Breweries
Support with CRA and excise reviews on production, inventory, HST and payroll, handled for you.
CPA Compilation Report (Notice to Reader) for Breweries
CSRS 4200 Notice to Reader statements for banks and investors financing your brewhouse, tanks and expansion.
Incorporation Services for Breweries
Incorporation services with the right share structure to hold your brewery, equipment and brand tax-efficiently.
Catch-Up Bookkeeping Services for Breweries
Years of unreconciled brewhouse, taproom and wholesale records rebuilt batch by batch, with ingredient and packaging inventory restored and production reconciled to your excise returns.
US Corporation & LLC Tax Filing for Breweries
Form 1120, treaty-based 1120-F and Form 5472 filings for breweries with a US entity, American distribution or cross-border ownership.
Voluntary Disclosure Program for Breweries
Come forward on unreported taproom cash, unremitted HST or gaps in your beer excise reporting through the CRA Voluntary Disclosures Program.
Accounting & Tax Services Tailored for Breweries
Each service, explained in full, so you know exactly what is included and how it keeps your brewery compliant and your tax as low as the rules allow.
- We claim Capital Cost Allowance on your brewing equipment in the correct classes — brewhouse, fermenters, brite tanks and canning or bottling lines as Class 43 manufacturing and processing equipment (30%), with the accelerated first-year rules applied where available.
- We depreciate leasehold improvements to your production space (Class 13), furniture and taproom fit-out (Class 8) and any delivery vehicle (Class 10), so every capital cost behind your beer is written off correctly.
- We build your cost of goods sold from raw materials, direct labour and overhead, and value your closing inventory of ingredients, work-in-process and finished beer so your gross margin and taxable income are accurate.
- We deduct rent, utilities, ingredients, packaging, excise duty, marketing, festival and taproom costs against your revenue to lower taxable profit.
- We apply loss carryforwards, the small business deduction and every eligible credit — including SR&ED where your recipe and process work qualifies — so your corporation pays the lowest legal tax rate.
- We set up your books in QuickBooks or Xero to track production and sales by batch and by channel, so you always know the cost and margin on every brand, keg and can.
- We maintain your inventory in three stages — raw materials (malt, hops, yeast, cans and packaging), work-in-process (beer fermenting and conditioning) and finished goods — so your balance sheet reflects real value.
- We record keg deposits as a liability rather than revenue, and track deposits returned, so your income is never overstated by refundable deposits.
- We separate taproom retail sales from wholesale and LCBO/The Beer Store channels, which keeps both your revenue reporting and your HST and excise clean.
- We reconcile all accounts monthly and deliver clear reports, so your year-end T2, excise returns and financial statements are built on reliable data.
- We plan the timing of large equipment purchases — tanks, a canning line, a second brewhouse — around your income, using available accelerated CCA where it helps and preserving deductions where a lower-income year makes deferral better.
- We identify and document SR&ED-eligible work, because developing new recipes, scaling a process or solving fermentation and stability problems can qualify for federal and Ontario research tax credits.
- We plan the salary-dividend mix for owner-managers and coordinate it with the corporation’s tax position for the lowest combined result.
- We use the lifetime capital gains exemption and a clean share structure to position you for investment, a partner buy-in or a future sale of the brewery.
- We advise on structure — a single company, or an operating company with a holding company for the real estate or brand — to balance tax efficiency, financing and risk.
- If your brewery has unfiled T2 returns, we file all outstanding years and negotiate penalty relief before the CRA issues arbitrary assessments.
- We rebuild your inventory and cost records — ingredients, batches and finished goods — from purchase invoices, production logs and bank records when the books fell behind.
- We correct CCA that was over- or under-claimed on your brewing equipment, recovering or fixing depreciation across prior years.
- We reconcile taproom, wholesale and distributor sales that were recorded inconsistently, so your restated statements are accurate.
- We bring your excise and HST filings current, correcting the small-brewer rate and the taproom-versus-wholesale treatment where they were applied incorrectly.
- We charge and remit HST correctly on your taproom retail sales and your wholesale and distributor sales, and coordinate it with the excise duty and Ontario beer taxes that also apply to beer.
- We claim input tax credits on the HST you pay on ingredients, packaging, equipment, rent, utilities and professional fees, which for a capital-intensive brewery recovers significant tax.
- We handle sales through the LCBO, The Beer Store, farmers’ markets and direct delivery at the correct tax treatment for each channel.
- We compare the regular method against any available simplified options, selecting the approach that leaves the most cash in the brewery.
- We file your GST/HST returns on your monthly, quarterly or annual schedule, on time, so you avoid CRA interest and penalties.
- We correct inventory that was mis-costed — ingredients expensed too early, overhead left out of finished goods, or closing inventory understated — and restate the gross margin and taxable income that resulted.
- We reclassify keg deposits that were booked as income back to liabilities, and restate the revenue that was overstated as a result.
- We fix CCA that was misclassified between manufacturing equipment, leaseholds and furniture, recovering or correcting depreciation through amended returns.
- We correct HST and excise that were under- or over-reported between taproom, wholesale and the small-brewer rate, and recover input tax credits that were missed.
- We write off spoiled, dumped or expired batches correctly, so genuine losses reduce your tax instead of sitting on the books.
- When the CRA or excise auditors review your production and duty, we reconcile your brewing logs, inventory and sales to your excise returns and demonstrate the correct small-brewer rate.
- Where the CRA questions your inventory valuation or cost of goods sold, we present the batch costing, overhead allocation and closing-inventory support behind your numbers.
- We respond to HST reviews by showing the correct treatment across taproom, wholesale and distributor channels and the input tax credits claimed.
- Where payroll or tips are reviewed, we present your taproom payroll records, tip reporting and T4s.
- We submit RC4288 Taxpayer Relief requests where penalties arose from an honest error, documenting the circumstances to maximize penalty cancellation.
- We prepare CSRS 4200 compilation (Notice to Reader) financial statements that banks and investors require to finance your brewhouse, tanks, canning line or expansion.
- Your statements show your equipment at net book value, your inventory of ingredients and finished beer, keg-deposit liabilities and retained earnings, giving lenders an accurate picture of the brewery.
- We classify production and sales revenue and costs under the correct GIFI codes so the Notice to Reader matches your T2 return exactly.
- We include the required CSRS 4200 disclosures plus notes on inventory valuation and related-party transactions, so the statements withstand lender review.
- We deliver your statements promptly after year-end, so a loan, lease or investment round is never held up.
- We incorporate your brewery — Ontario or federal — with the NUANS name search, articles and CRA registrations, so you can hold your licence, equipment and brand in a corporation.
- We design a share structure that supports investment, income splitting where permitted, the lifetime capital gains exemption and a future sale of the business.
- We register your Business Number, GST/HST, excise and payroll accounts so your brewery is compliant from day one.
- For brewers moving an existing operation and equipment into a new corporation, we coordinate the section 85 rollover so the transfer defers gains and recapture rather than triggering tax.
- We set up your opening books, inventory and asset records and minute book, so your new corporation starts on a clean, compliant footing.
- We rebuild years of missing revenue by matching brewhouse batch sheets and packaging logs to taproom till reports, wholesale invoices and your LCBO and The Beer Store remittances, so every litre brewed is traced to a channel.
- We reconcile the beer you actually produced to the duty you reported, reconstructing your monthly excise returns from tank and packaging records and applying the reduced small-brewer rate only to the volumes it genuinely covers.
- We rebuild malt, hops, yeast, can and label purchases into costed inventory, value beer still sitting in fermenters and brite tanks as work in process, and restate cost of goods sold batch by batch.
- We catch up taproom server and production-floor payroll, file the T4s that were never issued, remit outstanding CPP, EI and income tax withholdings, and correct tip reporting that never went through the payroll records.
- We then file every outstanding T2 from the restated books, with brewing-equipment CCA claimed and keg deposits moved off revenue back to liabilities, from $400 per back year, before penalties and interest compound further.
- Where your brewery owns a US subsidiary that imports, warehouses or distributes your cans stateside, we prepare its Form 1120 corporate return and allocate brewing overhead, freight and brand marketing between the two entities.
- When you ship beer to American buyers without a permanent establishment there, we file a protective Form 1120-F with a treaty-based return position, so the export margin on those kegs stays taxable in Canada.
- A US entity 25% owned by you must report every dealing with its Canadian parent on Form 5472 — beer transfers, brand royalties, intercompany loans — and each late or missing form carries a $25,000 penalty.
- A US LLC is transparent for American purposes but a corporation to the CRA, and we plan around that hybrid mismatch so the US tax paid on your beer sales still supports a Canadian foreign tax credit.
- We set defensible transfer pricing on kegs and cans sold to American distributors, track the state filing footprint created by festival and trade-show pouring, and complete the tax forms your US customers demand before signing.
- We prepare Form RC199 for your brewery, setting out the years, the accounts and the amounts left off — corporate tax, HST, payroll or excise duty — supported by the production and sales records behind each figure.
- We test the five acceptance conditions before filing: the disclosure must be voluntary, complete, carry a penalty or interest exposure, cover information at least one year overdue, and include payment of the estimated tax owing.
- Unreported taproom cash is the classic brewery disclosure — skimming $2,000 a month is $24,000 of sales missing from the year, plus the 13% HST charged on those pints and never remitted to the CRA.
- Where production was under-reported on your monthly excise returns, or the reduced small-brewer rate was applied to volumes it did not cover, we rebuild duty from brewhouse and packaging records and quantify the shortfall first.
- We judge whether your brewery belongs in the general track, which carries the fuller penalty and interest relief, or the limited track used where the under-reporting looks deliberate, and we frame the submission accordingly.
Brewery Tax & Compliance Check
Six quick questions on your brewery’s excise, equipment, inventory and tax setup. No fee shown.
1. Do you hold an excise licence and file beer excise duty returns?
2. Do you claim CCA (depreciation) on your brewing equipment?
3. Do you cost your beer inventory (raw materials, WIP, finished goods)?
4. Do you sell both through a taproom and wholesale/LCBO?
5. Do you develop new recipes or brewing processes (possible SR&ED)?
6. Is your brewery incorporated (or thinking about it)?
Free CPA Consultation for Breweries
Case Studies: Brewery Accounting & Tax
Toronto Craft Brewery – Inventory & COGS
Problem: A growing production brewery was expensing all ingredients as purchased and never valuing its work-in-process or finished-goods inventory, so its gross margin swung wildly and its T2 understated income in some years and overstated it in others. It also could not tell which brands were actually profitable.
Solution: We built a three-stage inventory and batch-costing system, allocated overhead into finished goods, and restated closing inventory. We then set up ongoing per-batch cost reporting by brand and channel.
Results:
- Beer costed correctly through WIP to finished goods
- Gross margin accurate and stable
- Per-brand profitability visible for pricing
- Prior-year returns corrected and refiled
Ottawa Brewpub – Excise & HST
Problem: A brewpub selling beer in its taproom and to a few wholesale accounts was not applying the reduced small-brewer excise rate correctly and was charging HST inconsistently between taproom and wholesale. It faced excise exposure and messy returns.
Solution: We reconciled production to sales, applied the reduced excise rate correctly, cleaned up the HST split across taproom and wholesale, and recovered input tax credits on equipment and ingredients that had been missed.
Results:
- Reduced small-brewer excise rate applied correctly
- HST clean across taproom and wholesale
- Missed input tax credits recovered
- Excise and HST returns brought current
Hamilton Microbrewery – SR&ED & Incorporation
Problem: A microbrewery experimenting with new sour and barrel-aged recipes was doing genuine development work but claiming nothing for it, and was still operating as a sole proprietor at high personal tax rates with a valuable brand and equipment exposed.
Solution: We documented and filed an SR&ED claim for the qualifying recipe and process development, incorporated the brewery, used a section 85 rollover to move the equipment and brand in tax-deferred, and set up a clean share structure.
Results:
- SR&ED credits claimed on development work
- Incorporated with no tax on the asset transfer
- Equipment and brand rolled in under section 85
- Corporate tax reduced with a compliant structure
We make managing your brewery finances simple and stress-free. Our transparent process keeps you informed and compliant at every stage.
Free Consultation
We start with a no-obligation consultation to understand your brewery, your production, your channels and your goals.
Books & Inventory Setup
We set up cloud bookkeeping with batch and inventory costing, and get your CRA, excise and HST accounts in order.
Monthly Bookkeeping & Reporting
We reconcile your accounts, cost your batches and channels, and deliver clear reports and financial statements.
Tax, Excise & HST Filing
We file your corporate tax, excise and HST on time, with CCA and cost accounting handled—keeping you compliant.
Get Your Brewery Tax-Ready Today
Affordable Pricing for Breweries
We believe in clear, upfront pricing so you know exactly what to expect.
- 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
Flat fees, e-transfer (Interac) friendly, and quoted before we start — no hourly billing and no surprises. Excise and payroll quoted to your production volume.
Meet Your Lead Brewery Accountant
What Our Clients Say
1300+ five-star reviews from business owners and food and beverage companies across Ontario and Canada.
Serving Breweries Across Ontario
We serve breweries across Ontario and Canada, providing flexible hybrid accounting—whether you prefer in-person guidance, remote support, or a combination of both. We keep your inventory and cost accounting accurate, your excise, HST and tax filings compliant and your statements lender-ready, so you can focus on brewing and growing. We proudly support craft breweries, brewpubs and microbreweries in Toronto, Mississauga, Brampton, North York, Etobicoke, Scarborough, Vaughan, Markham, Richmond Hill, and Ottawa. No matter where you brew, we bring the expertise and tools to simplify your cost accounting, excise, HST and tax.
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)
Brewery Accounting & Tax FAQs
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Brewery Accounting & Tax Done Right.
Excise duty, corporate tax, brewing-equipment CCA, inventory costing, HST and lender-ready statements under one roof. AFFORDABLE flat fees, no hourly billing. Registered CPA Ontario. 1300+ five-star reviews. 30-Day Money-Back Guarantee.