How do I get a business number?
When you register your business name online through the BC OneStop Business Registry, you receive a business number. Your business number is used to register for GST/HST, PST and ordering wholesale items.
Do I have to register my new business for GST/HST?
You don’t have to register for a GST/HST number if you are small supplier whose revenue is equal to or less than $30,000 in a calendar quarter and over the last four consecutive calendar quarters. Small suppliers may register voluntarily. If you exceed the $30,000 threshold in a single calendar quarter or year, you must register for GST/HST.
I’m finding payroll is taking most of my time. Can you help me with that?
We offer payroll service for all business owners.
When do I register with WCB?
As a rule of thumb, if your business has hired employees or contractors, you should register with the Workers’ Compensation Board. Registering your business can help prevent unnecessary liabilities that could negatively affect your bottom line. The advisors at NOAS Bookkeeping, Accounting & Tax Inc. would be happy to discuss your WCB registration requirements. Trust our professionals to help you keep more of your money where it belongs—in your wallet.
I want to open an online store. How do I start?
If you are an entrepreneur and want to start your own online business, keep track of all your expenses on a spreadsheet from the start. Your first step is to register your business name and buy a domain name for your website, and these first steps will incur your first costs. Make bookkeeping part of your plan from the very beginning to avoid losing money on year-end taxes. If you are a solopreneur starting your own business, procedures can be confusing and intimidating, but they don’t have to be. We recommend calling us for a consultation and we will work with to develop a plan and organize your books. We have cost-effective solutions for entrepreneurs and look forward to serving you as your business grows.