Canadian Corporations Spend 131 Hours Compiling and Filing Tax Returns; Mew Company Simplifies Procedure for Corporations

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Research shows that Canadian tax procedure is one of the most complex in the world. Mew Company of Vancouver Chartered Accountants simplifies the procedure for its clients at http://www.mewco.ca.

Mew & Company Chartered Accountants in Vancouver, BC

Mew & Company Chartered Accountants in Vancouver, BC

Mew & Company has been helping out numerous small businesses and individuals in Vancouver to save millions of dollars worth of taxes by completely legal methods.

According to a recent study carried out by PwC, a renowned accounting firm, the World Bank and the International Finance Corporation, an average Canadian company spends 131 hours annually to compile and file tax returns, spending nearly 27% of its profit on taxes. Moreover, a Canadian firm pays taxes eight times a year. The entire process of calculating, planning, paying and auditing tax returns can be very tedious and time-consuming for companies that treasure each minute of company time.

Volatile and High Taxation

Paying one of the highest tax rates in the world, Canadians are faced with an intricate set of laws that can be very hard to understand. The frequent changes and the complex system make it difficult for companies to plan out their future course of action. Planning ahead and being familiar with the taxation process can enable companies to avoid unforeseen losses.

However, in order to carry out effective tax planning to save taxes, corporations will need to spend a lot of time and resources on tiresome tax regulations to make sure that their company standards comply with the law. Therefore, companies that are looking for dexterous ways to save taxes should hire Vancouver Chartered Accountants and delegate all the worries to these connoisseurs who can handle it the best.

Mew & Company Chartered Accountants for Tax Planning

A partnership of Vancouver Chartered Accountants, Mew & Company has been helping out numerous small businesses and individuals in Vancouver to save millions of dollars worth of taxes by completely legal methods. These Vancouver Chartered Accountants provide services like business consulting, corporate tax planning and succession planning for the most effective ways of tax savings.

Given the recent economic crunch, many businesses, especially small to medium sized enterprises, are still struggling to survive. In such conditions, the burden of taxation can be the final blow that can destroy the whole company. Mew & Company, acts as an Accountant for Small Businesses in Vancouver to help them plan ahead and save taxes.

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