Bookkeeping for Trades & Landscaping Companies Across BC
We help trades and landscaping companies improve profits and manage cash flow, and we know the BC rules that affect your numbers.
We're based in Powell River, but we work online, so it doesn't matter where in BC you are. Sunshine Coast, Vancouver Island, the Lower Mainland, the Okanagan or the North, you get the same personal support and the same up-to-date numbers.
Running a company in BC isn't the same as running one in the rest of Canada. A few BC rules show up in your books every month, and they all affect your profit and your cash. Here's what they mean in plain English.
The BC rules we keep on top of for you.
Holdbacks: money you've earned but can't touch yet
In BC, 10% of what you're paid on a job is usually held back for a while after the work is done. We track it separately, so you know what's coming in later and your cash flow doesn't take you by surprise.
PST on your jobs
BC charges its own sales tax, and it works differently for contractors. We make sure materials and labour are coded the right way, so PST is handled correctly.
Overtime and vacation pay
BC has its own rules for overtime, stat holidays and vacation pay. We run your payroll to those rules and keep the records, so you know what each crew member really costs you.
WorkSafeBC
Your premiums depend on your payroll and your type of work. We keep your WorkSafeBC reporting and payments up to date, and keep track of your subcontractors' coverage too.
Payroll tax once you grow
BC has a payroll tax that applies once your yearly BC payroll goes over $1 million. We track your payroll all year, so you know when you're getting close and it never catches you off guard.
Your company's records
Because you're incorporated, your company has its own records and yearly filings to keep up with. We keep your books tidy for your accountant and make sure owner pay, dividends and shareholder loans are recorded properly.
This is general information, not legal or tax advice, and the rules change from time to time. You can read the full rules at BC Laws, or ask your lawyer or accountant about your situation.
Want a bookkeeper who knows how BC works?
Book a free Profit Clarity Call. We'll look at where your cash and profit are unclear and tell you honestly whether we're the right fit.