A fixed-fee CPA for London, Ontario businesses
EverStone CPA, accountants in London, Ontario, is a Chartered Professional Accountant firm serving London, Ontario and the rest of Middlesex County remotely. Corporate tax, bookkeeping, payroll and personal returns run by video, phone and a secure upload link, at a fee fixed in writing before any work starts.
Who we help here: parts makers and food processors, farms and agri-food businesses, contractors, carriers running the 401 and 402, and restaurants — owners in London itself and out to St. Thomas, Strathroy and Woodstock.
Quick answer: A London, Ontario business deals with one 13% HST, the Ontario Employer Health Tax once payroll passes its exemption, WSIB coverage and an annual return through the Ontario Business Registry. EverStone handles all of it remotely, with a CPA on the file and a fee agreed in writing before work begins. Published fees start at $125 for a personal return and $325 a month for bookkeeping.
On this page
- A city that makes, grows and moves things
- What Ontario adds to a London file
- Accounting and tax services for London businesses
- Industries around London, and the paperwork each one carries
- How a London business’s year runs
- Fixed fees, fully online
- Which return applies to you
- Remote accounting
- Questions from London business owners
A city that makes, grows and moves things
London sits where the 401 and 402 meet, roughly halfway between Toronto and the Detroit and Port Huron crossings, surrounded by some of the most productive farmland in the province. Its businesses tend to own things: shop-floor machines, tractors and trailers, a combine, a commercial kitchen, a fleet of pickups.
Owning things changes the accounting: inventory to count and value, equipment run through capital cost allowance to recapture or a terminal loss, and payroll, usually the biggest cost after materials. A consultancy can ignore that; a London shop, farm or carrier cannot.
What Ontario adds to a London file
Ontario harmonized its sales tax with the GST: one 13% HST covers both, with the provincial part recoverable through input tax credits, simpler than a separate PST. The provincial obligations sit elsewhere:
- Employer Health Tax on Ontario payroll above the exemption, with the rate picked from a graduated table before the exemption comes off.
- WSIB, registered and reported separately from anything the CRA sees, and compulsory for most construction work.
- The Ontario annual return, filed through the Ontario Business Registry within six months of year-end, apart from the T2.
- The Construction Act, whose 10% holdback decides when a contractor’s revenue turns into cash.
Current rates and thresholds are kept on the Ontario tax facts page, each one with its source. An accountant London Ontario owners work with remotely still handles the HST, Employer Health Tax, WSIB and the registry return on one file.
Accounting and tax services for London businesses
Each service has its own page, written for how owners in London, Ontario use it.
Corporate tax (T2)
The federal return that carries Ontario corporate tax, prepared with year-end statements, owner pay planning and the registry return on the same calendar.
Personal tax (T1)
Returns for owners, families and the self-employed, from $125 for a simple T1, prepared alongside the company file so dividends and salary are decided once.
Bookkeeping
Monthly books from $325 a month with the HST return included, reconciled so inventory, equipment and payroll are right before year-end arrives.
Payroll
Source deductions, remittances, T4s, Employer Health Tax and WSIB reporting for shop crews, seasonal farm help and kitchen staff.
Advice Call
A 45-minute call with a CPA on one decision — a truck purchase, an incorporation, a hire — for a flat $225 + GST.
Fractional CFO
Forecasting, margin reporting and lender packages for a growing London company, from $2,750 a month, without a full-time hire.
Industries around London, and the paperwork each one carries
Every industry page below goes into the filings, records and questions particular to that kind of business in and around London, Ontario.
Manufacturers. Automotive parts, metal fabrication and food processing carry inventory, work in progress and heavy equipment, and some of the process work on the floor may qualify for SR&ED. See accounting for London manufacturers.
Farms and agri-food. Middlesex, Elgin and Oxford farms can use the cash method, sell mostly zero-rated products and face the largest tax event of their lives when land passes to the next generation. See farm accounting around London.
Contractors. Residential builders and trades deal with the 10% holdback, progress billing, T5018 slips and WSIB clearances. See contractor accounting in London.
Trucking. Carriers and owner-operators on the 401 and 402 corridor track fuel tax by jurisdiction, CCA on tractors and trailers, and long-haul meal claims. See trucking accounting in London.
Restaurants. Kitchens and bars live on food cost, tip handling and daily cash reconciliation. See restaurant accounting in London.
How a London business’s year runs
The calendar follows your fiscal year-end. Before it closes we raise the open decisions: when to buy the next machine, bonus or dividend, how much to leave in the company. The T2 is due six months after year-end, but the balance is due two or three months after, the date owners most often miss. The Ontario annual return shares the six-month window.
HST runs on its own cycle, annual for most smaller businesses and quarterly or monthly as revenue grows. T4 and T5 slips are due by the last day of February. Contractors add T5018 slips. Our deadline reminders put each date in front of you in advance.
Fixed fees, fully online
No hourly meter runs on a question. The fee is agreed in writing after we review your enquiry, so a call in July about a lease or a new hire costs nothing extra. Published pricing shows where each service starts. A self-employed return with schedules is commonly $275–$500; a trades corporation with bookkeeping, payroll and the year-end T2 usually runs $500–$700 a month.
Prepared and reviewed by a CPA at EverStone CPA, serving businesses in BC, Alberta, Ontario and Manitoba. Updated . About the firm · Send an enquiry
Which return applies to you
| If you are | You file |
|---|---|
| A sole proprietor | A T1 personal return with form T2125 for the business |
| An incorporated business | A T2 corporate return, plus the Ontario annual return through the registry |
| An employer | Payroll remittances, T4 slips, WSIB and, above the exemption, Employer Health Tax |
| A farm | Farm income on the cash method where you elect it, reported on the T1 or T2 |
| Sales tax where you operate | 13% HST, a single registration and a single return |
Source: When incorporating starts to pay. General information, not advice.
Remote accounting
The firm serves London, Ontario remotely. There is no London office and no staff based there. Work runs by video, phone and secure upload. A CPA London Ontario businesses reach online is still one person on the file, from the first question to the filed return.
Questions from London business owners
How much does an accountant cost in London, Ontario?+
Can a CPA in BC file an Ontario corporation’s return?+
Do you have a London office?+
Do you work outside the city itself?+
When is the Ontario annual return due?+
Do you work with businesses outside London itself?+
Related services and local guides
Nearby cities, the rest of what we do for London businesses, and the reference pages behind this one.
What clients say
Rated 5.0 on Google across 26 client reviews. Read all reviews
★★★★★“…He is very knowledgeable and has saved me tons in taxes by restructuring my group of companies — the best accountant I've worked with in the last 10 years, after switching from three different firms.”
Matt HildebrandtVerified Google review
★★★★★“…have been completing my bookkeeping, taxes and financials for the last 2 years and they have been amazing. Thank you!”
R. H.Verified Google review
Starting fees
Every fee is fixed in writing before any work begins.
- Monthly bookkeeping, HST filing includedfrom $325 a month
- Payroll, remittances, T4s and ROEsincluded in monthly bookkeeping
- Books, payroll and the year-end T2 together$500–$700 a month
- Corporate year-end and T2 returnfixed fee, quoted in writing
- Personal tax return (T1)from $125; self-employed or rental $275–$500
- Catch-up bookkeepingfrom $2,200 per year of records
- Controller or CFO supportcontroller from $1,650, CFO from $2,750 a month
- One-off advice call with a CPA$225 plus applicable tax