As a business owner or tax professional, there are a number of taxes, rules, regulations and exemptions that you’ll need to understand to run your business or to help your clients run their business properly and effectively.
Read about the different kinds of taxes and learn all about the audit and appeal process.
Consumer taxes are taxes charged when spending money on goods and services.
Learn about the various income tax programs in B.C.
You pay property taxes when you own, lease or gain an interest in a property.
Taxes, royalties and fees are charged when you extract natural resources, harvest timber or own mineral rights in B.C.
An audit is an examination of your business’ financial records to ensure that you're charging and paying tax that is due, and to identify any areas where you may be doing this incorrectly. In the case of International Business Activity audits, an audit may be done to ensure registrations and refunds under the program have been applied correctly.
If you believe an error was made in an assessment, disallowed refund or other decision made by the Ministry of Finance, you may be able to appeal.
On February 17, 2015, the government announced proposed changes to the provincial tax laws.