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Accountants in Abbotsford for owner-run businesses

Ghumans is a CPA firm on Montrose Avenue in Abbotsford. We work with incorporated businesses and their owners across the Fraser Valley. Year-end, corporate tax, bookkeeping, payroll and GST and PST, handled by one team that knows your file.

Call 778-779-4212

Talk to us

Office: 206-2469 Montrose Ave, 2nd Floor, Abbotsford, BC V2S 3T2. Open 8am to 8pm, seven days a week.

What we do for Abbotsford businesses

Corporate year-end and financial statementsStatements your bank and your shareholders can rely on.

Corporate tax returns (T2)Filed on time, with planning done before your year-end, not after.

BookkeepingMonthly or quarterly, in QuickBooks Online or Xero, so your numbers are ready when you need them.

PayrollPay runs, source deductions and remittances, and year-end slips.

GST and PSTRegistration, filing and the questions that come up when you sell across provinces.

AssuranceReview engagements and audits when a lender, landlord or funder asks for them.

CFO and advisoryCash flow, budgets and planning for owners who want a second set of eyes.

Our focus is owner-run businesses.

Who we work with

Trades and contractorsJob costing, subcontractor payments, and PST on materials.

Trucking and logisticsOwner-operators and small fleets, fuel and equipment costs, and drivers on payroll.

Farms and agri-food businessesFarm corporations, seasonal staff, and equipment purchases.

Healthcare practicesDentists, veterinarians, pharmacies and chiropractors running a professional corporation.

Online sellersShopify and marketplace sellers dealing with sales tax in more than one place.

Law corporationsShareholder compensation built for how firms distribute income.

Real estate and realtorsPREC planning, and choosing a GST remittance method.

Outside these seven? We work with businesses across most industries. Talk to us about yours.

Year-end without the rush

Most owners hear from their accountant once a year, when the deadline is close. By then, the decisions that save tax are already behind you.

We work the other way. Before your year-end, we look at your numbers with you: how much to pay yourself, whether to buy equipment before or after the year closes, and what the corporation should keep for next year’s tax. After year-end, we prepare your statements and file your return with no last-minute scramble.

For owners who want more, we meet each quarter. You get a short set of numbers, a look at cash flow, and a clear list of what is coming up. It is the kind of attention a larger company gets from its finance team, sized for an owner-run business.

How working with us starts

A first call or visit. Tell us what the business does, how it is set up, and what is worrying you. There is no charge for this first conversation.
We look at your records. Last year’s financial statements, your most recent corporate tax return, and access to your bookkeeping software if you have it.
A written scope and fee. You see what we will do and what it costs before any work starts. See our pricing.
Your books set up properly. If records are behind, we catch them up first, so the year-end is based on clean numbers.
A calendar you can plan around. Filing and payment dates for your corporation, GST and PST, and payroll, sent to you ahead of time. See the BC small business tax deadline calendar.

You can meet us at the Montrose Avenue office, or work with us online. Many clients do both.

Questions Abbotsford owners ask us

Do I need to register for BC PST?It depends on what you sell. If your business is located in BC and you sell or lease taxable goods, or provide software or taxable services, you must register to collect PST. The planned expansion of PST to accounting and other professional services was paused on September 18, 2026.

I am hiring my first employee. What changes?You will need a payroll program account with the CRA. Each pay, you deduct income tax, CPP and EI, and remit them to the CRA on a set schedule. You will also need to register for WorkSafeBC coverage, which any business hiring a worker must have. We can set this up with you.

Should I incorporate my business?It depends on your income, your plans and your risk. We look at your numbers and explain the trade-offs in plain terms before you decide. General information only. Talk to us about your situation.

When do I need to register for GST?Once your taxable sales pass the small supplier threshold, you must register, charge GST and file returns. You can also register earlier by choice, which lets you claim back the GST you pay on business purchases.

When is my corporate tax return due?A corporation’s T2 return is generally due six months after its year-end. Tax owing is due sooner, usually two months after the year-end, or three months for many small Canadian-controlled private corporations. Missing the payment date costs interest even if the return itself is filed on time.

Which bookkeeping software should I use?We work with QuickBooks Online and Xero. If you already use one, we work in your file. If you are starting fresh, we help you pick one and set it up for how your business actually runs.

Do I have to come into the office?No. Some owners like to sit down with us in Abbotsford; others share documents online and talk by phone or video. Both work.

Can you take over from my current accountant?Yes. We ask for last year’s statements and tax filings, then set up your books so the change is smooth.

Do you only work with businesses in Abbotsford?Our office is in Abbotsford, and we also work with businesses in Mission and Chilliwack. Our Langley office works with businesses in Langley, Surrey and Aldergrove.

Business in Abbotsford

Abbotsford’s economy is built on agriculture (the City reported more than 1,300 farms in operation in 2015), along with transportation and logistics and manufacturing tied to the region’s aerospace industry. Many are family-run and incorporated, with owners who need clear numbers and a plan for tax, not just a filing at year-end.

That is the work we do. We keep your books current, file your corporate returns on time, and help you plan salary and dividends as an owner.

Trades and construction. Contractors in Abbotsford often juggle several jobs at once, with materials, subcontractors and holdbacks on each. We set up job costing so you can see which jobs make money, and we keep PST on materials and GST on your invoices straight.

Trucking. Owner-operators and small fleets carry high fuel, repair and equipment costs, and many run across provincial lines. We track costs by truck, handle drivers on payroll, and plan for large equipment purchases so the tax side is not a surprise.

Farms and food processing. Seasonal work means seasonal payroll and uneven cash flow. We plan around your busy months and help with the records lenders ask for when you finance land or equipment.

Professional practices. Dentists, veterinarians, pharmacists and chiropractors often run a professional corporation. We handle the corporate year-end and the owner’s salary and dividend plan together.

Whatever the industry, the goal is the same: numbers you trust, filings on time, and no surprises from the CRA.

CPAChartered Professional Accountants

Three officesAbbotsford, Langley, Brampton

25 km radiusMission and Chilliwack too

8am to 8pmSeven days a week

Real results

Six figures, down to a few hundred dollarsA BC PST judgment where prior advice had mischaracterised the underlying transactions. We rebuilt the case over a year.

Stalled four months, closed in oneA veterinary clinic acquisition that had stopped moving under a previous advisor. We stepped in and ran the process directly.

Five lenders who already know usAcquisition and expansion financing arranged through RBC, TD, BDC, BMO and Scotiabank.

Who you will work with

RG

Ric GhumanCPA

BG

Bobby GhumanPrincipal

Visit us in Abbotsford

206-2469 Montrose Ave, 2nd Floor
Abbotsford, BC V2S 3T2

778-779-4212
8am to 8pm, seven days a week

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