GST and WCB
GST & WCB Services in Burnaby
Running a business in British Columbia means staying on top of GST and WCB obligations, and that can get complicated fast. At Xpert Accounting, we take the confusion off your plate. From registrations to filings and ongoing support, we make sure everything is done right, on time, and in your best financial interest.
What Are GST and WCB?
GST (Goods and Services Tax) –
GST is a 5% federal tax charged on most goods and services in Canada. If your business earns more than $30,000 in revenue over four consecutive quarters, you’re required to register, collect, file, and remit GST to the CRA.
WCB (Workers’ Compensation Board – WorkSafeBC)
The Workers’ Compensation Board (WCB) in British Columbia, also known as WorkSafeBC, provides workplace injury insurance and safety coverage for employees. Most BC employers are required to:
- Register with WCB
- Report payroll and assessable earnings
- Pay WCB premiums
- Stay compliant with ongoing reporting requirements
Failure to comply can result in penalties, interest, or coverage issues.
How We Help You Maximize GST Credits
One of the biggest advantages of proper GST management is Input Tax Credits (ITCs)—and many businesses don’t claim as much as they’re entitled to.
At Xpert Accounting, we help you:
- Identify all eligible GST expenses
- Properly track and categorize receipts
- Avoid common ITC mistakes that trigger CRA reviews
- Set up systems that make future filings easy and accurate
Our goal isn’t just compliance, it’s making sure you don’t leave money on the table. Book a GST & WCB consultation and make sure every eligible dollar comes back to your business.
Frequently Asked Questions
You must register if your business earns over $30,000 in revenue in 12 months. Some businesses choose to register earlier to claim input tax credits.
Filing frequency depends on your revenue and CRA assignment—monthly, quarterly, or annually. We make sure you’re filing correctly and on time.
Most employers in BC are required to register with WorkSafeBC. Even if you’re unsure, it’s important to confirm—penalties can apply if registration is missed.
Yes. We regularly help businesses catch up on late GST or WCB filings, minimize penalties, and get back into good standing.
Absolutely. We specialize in helping startups and small businesses set things up correctly from the beginning.
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Ready to Get GST & WCB Off Your To-Do List?
Let Xpert Accounting handle your GST and WCB, so you can focus on running your business.