Strata-G Tax has partnered with Fundmate to assist Ontario Businesses in preparing their applications for Canadian Government Incentive programs.
The Yves Landry Foundation program is for Southern Ontario Manufacturers looking to up-skill their workforce. The clear aim is to foster training that will lead to advancements in innovation and improve global competitiveness.
Up to $100,000 to offset the costs of training expenses
The Southwestern Ontario Development Fund is for businesses in the region (sister program for Eastern Ontario), who invest at least $500,000 ($200,000 in rural ON), employ at least 10 people (5 in rural ON), commit to creating at least 5 new jobs (30% growth for staff of 15 or fewer), and can provide 3 years worth of financial statements.
Up to 15% of eligible project costs, including:
Loans: Interest Free, to a max of $5M, and up to 30% forgiven
Grants:
Grant Application Preparation: At Strata-G, we provide Grant preparation assistance to Startups and Medium-sized Businesses of Toronto, Newmarket, Aurora, Barrie, Collingwood, The Blue Mountains, Mississauga, St Catharines, Hamilton, Woodstock, Brantford, London, Burlington, Niagara Falls, Cambridge, Kitchener, Waterloo, Oakville, Guelph, Welland, Vaughan, Markham, Brampton, Milton, Ontario that want to apply for Canadian Government Incentive programs.
A trustworthy source of Time-Saving, Cash-Generating cloud-based Accounting and Tax solutions for your dynamic business. It means peace of mind knowing that the back office function is highly functioning, putting your efforts squarely on running your business.
With over 18 years of experience spread across Government Audit, Industry Financial & Tax reporting, and Big 4 Accounting Firms, Strata-G knows the value of standardized and stream-lined processes capable of producing real-time forward-looking metrics to better assist your strategic decision making.
A start-up without a tax-efficient strategy is like a ship sailing without a compass. It risks navigating turbulent financial waters, missing out on potential savings, and ultimately diminishing profitability. As we dive deeper, we’ll explore the facets of tax efficiency and why it’s a game-changer for Canadian start-ups.
Late filing of corporate tax returns can have significant repercussions. Consequences extend beyond the immediate financial penalties and accumulated interest. Companies may face increased scrutiny from the CRA, which could lead to audits, and their credit reputation may be tarnished, thereby affecting future credit applications and business opportunities.
However daunting as it may seem, multi-year tax filing is a hurdle that can be overcome with a systematic approach and, when necessary, professional assistance. This is where Strata-G comes in. As a seasoned Canadian Corporate Tax service provider, we have the expertise and experience to navigate this complex process.
Virtual Accounting| Tax Management | Corporate Accounting | Payroll | CFO Services | Bookkeeping
We’re Virtual Accountants in Canada. We provide progressive online accounting and tax solutions for your dynamic business.
