Our Pricing Policy

*** Dealing with us is “AS IF YOU HAD YOUR OWN ACCOUNTING TEAM ***


  Black and White Accounting Services Ltd. offers the most competitive and cost-effective fees possible on tax, accounting, payroll and other business services. Our pricing model reflect the service quality we deliver and how you perceive its value.


Our pricing model is based on “one package plan with a fixed monthly fee” for small businesses, and we also offer “fees per items” for walk-in business customers and personal income tax return.


Find out more

(1) One Package Plan "ALL FOR A FLAT FEE"

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*** All in an affordable pay by the month package deal! ***

At Black and White Accounting Services Ltd., we offer full service of bookkeeping, payroll and taxation for small businesses in all industries with a FIXED MONTHLY FEE. We will do everything for you. This eases your budget planning as you know exactly know how much you are paying right up front.  There are no hourly rates, no separate administration fees for your payroll, no separate fees for your HST filing and year-end taxes, and no separate fees for CRA audit support.  We offer high-quality and timely services for a fixed and affordable monthly fee.   Our monthly flat fixed fee “one package plan” covers all your accounting needs:


  • Monthly bookkeeping and financial statements
  • Payroll integration and services
  • HST and WSIB filing services
  • Administration fees
  • Annual financial statements 
  • Annual corporate tax return
  • Tax planning
  • CRA correspondence, inquiry and audit support
  • Accounting software
  • Online accounting system setup 
  • As needed advices from a Chartered Accountant    

Simply select the level of service you would like, and we can begin helping you!

We have five different pricing levels (stars) based on the size and nature of your business. We charge fixed rates. There are no hourly charges or surprise bills. You will always know how much you are paying up front.


Each plan includes a complete accounting service

Find out more

One Package Plan "ALL FOR A FLAT FEE"

Level (1) Bronze Star

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For a very small, one owner managed business that has chosen to keep things small and to stay on top of their bookkeeping. HST and tax.


  •  No employees
  • 1 credit/bank accounts 
  • 20 transactions per month 

Fee: $50 per month

Level (2) Silver Star

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For a small owner managed business looking to grow and achieve their goals with bookkeeping, payroll, HST and tax services.


  • 1–2 employees
  • 2 credit/bank accounts
  • 25 - 50 transactions per month 

Fee: $100 per month

Level (3) Gold Star

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For a small business wanting regular payroll, HST, tax, bookkeeping and reporting services. You have a solid customer and supplier base, employees and your transaction volume is solid.

  • 3–5 employees
  • 4 credit/bank accounts 
  • 50 - 100 transactions per month

Fee: $200 per month

Level (4) Platinum Star

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For a growing small business having a solid group of employees, many customers and suppliers, lots of transactions, and even some fairly complex needs including payroll, HST, accounting, reporting, and inventory.

  • 6+ employees
  • 4+ credit/bank accounts
  • 100+ transactions per month 

Fee: $300+ per month

Level (5) Custom Quote

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We prefer to discuss and resolve fees before we commence any work that reduces surprises. We will work with you to align our fees to your expectations and scope of work. We will prepare offer to you, based on your business's needs. 

  • Very unique situation 
  • Get a custom price quote 

Fee:  Flexible 

(2) Fees per Items (Flexible Price)

Our main pricing model is based on “one package plan with a fixed monthly fee” for small businesses, and we also offer “fees per items” for walk-in business customers and personal income tax return. 

For small businesses, we do recommend to deal with Black and White Accounting Services Ltd. as they had their own accounting team on a monthly bases using "One Package Plan"  with a fixed monthly fee
  

We have flexible pricing per items as follows:

One Package Plan with Fixed Flat Fee

Personal Income Tax Return *

(all in Canadian Dollars)

T4s Only (Up to 4 Slips)

$25

T4s Only (5-8 Slips)

$45

T4s Only (8+ Slips)

from $50

* Examples of personal income tax slips:

T3: Income from Trust, T4: Employment Income Form, T4E: Employment Insurance Income, T4 RCP: RRSP Withdrawals, T5: Investment Income, T5007: Social Assistance (WCB, Welfare), T2202A: Tuition Fee, RC 62: Universal Child Benefits, Children Fitness and Art Receipts, Public Transport Receipts, Medical Receipts Donation Receipts …etc.

Personal Income Tax Return (Advanced)

(all in Canadian Dollars)

T4s (Box 81)

$30 extra

Income earned as a placement or employment agency worker

T5018

$30 extra

Statement of Contract Payments

T4A (Box 20)

$30 extra

Self-employed Commissions

Rental Properties

$30 extra

Personal Income Tax Return Business

(all in Canadian Dollars)

Declaration Included Business Activities Form

$100

(per business activity)

Corporation Income Tax

(all in Canadian Dollars)

Corporation Income Tax **

$750

Financial Statement Preparation

$250

Note:

* * Referring to corporate income tax returns, the price vary depending on the client’s business volume and number of transactions. In addition, there are a number of steps and requirements that need to be met in order to file the return.

Other Business Services

Opening / Setting Up a New Company

From $350

Closing Company

From $100

Letter to CRA

From $25

First Item

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Add a description about this item

We offer remote filing and e-file for all of your

All of our services are customizable to meet your budget! For custom-tailored plans – Contact us at: (416) 919-9778


The timing of fees payable are agreed in advance and can be payable in monthly instalments. Prices exclude taxes, and are subject to change, some restrictions apply.