Frequently asked questions about BOMCAS Canada accounting and tax services in Saskatchewan

Frequently Asked Questions

Clear answers to the questions Saskatchewan individuals and businesses ask us most about accounting, tax and working with BOMCAS Canada.

More about accounting and tax in Saskatchewan

Saskatchewan's economy is broad and distinctive, spanning grain and oilseed farming, cattle ranching, potash and uranium mining, oil and gas, manufacturing, construction, transportation, healthcare, professional services, retail and a growing technology sector. Each of these activities carries its own tax treatment, record-keeping expectations and planning opportunities, and the right accounting, tax and bookkeeping services make a measurable difference to how much tax you pay and how confidently you can plan ahead. BOMCAS Canada works with individuals, families, sole proprietors, partnerships, corporations and not-for-profits in every corner of the province, applying current federal and Saskatchewan rules to each client's specific circumstances rather than relying on one-size-fits-all templates.

Saskatchewan sales tax: GST and PST explained

Unlike provinces that use a single harmonised sales tax (HST), Saskatchewan operates two separate sales taxes. The federal Goods and Services Tax (GST) is charged at 5 percent and is administered by the Canada Revenue Agency, while the Saskatchewan Provincial Sales Tax (PST) is charged at 6 percent and is administered by the provincial Ministry of Finance. In most retail situations the combined rate a customer sees is therefore 11 percent. The two taxes work very differently: GST is a value-added tax where registrants can generally recover the GST they pay on business inputs through input tax credits, whereas Saskatchewan PST is largely a tax on the final consumer, with far more limited recovery. Because PST has no small-supplier threshold, a business making taxable sales in Saskatchewan generally must register for and collect PST regardless of size, even where it might not yet be required to register for GST. Getting both registrations, the correct tax treatment of each product or service, and the filing cadence right is one of the most common areas where Saskatchewan businesses need professional help, and one where mistakes can be costly.

Federal and provincial income tax

Saskatchewan residents and businesses pay both federal and Saskatchewan income tax. Individuals are taxed under federal brackets alongside Saskatchewan's provincial brackets and benefit from provincial credits and programs that interact with the federal system. Saskatchewan corporations pay a general provincial corporate income tax rate together with a reduced small-business rate on active business income that qualifies for the small-business deduction, layered on top of the federal corporate rates. Planning around salary versus dividends, the timing of income and expenses, capital cost allowance, and the use of available credits requires an accountant who works with these combined rules every day. Our role is to keep your filings accurate and on time while structuring your affairs so you keep more of what you earn, entirely within the rules.

Why a Saskatchewan-focused firm matters

Tax software and national chains can prepare a return, but they rarely understand the local context that affects Saskatchewan taxpayers — from the qualified-farm-property rules that matter so much to the province's farm families, to the equipment and depreciation questions facing oilfield, trucking and construction operators, to the incorporation decisions weighing on the province's doctors, dentists and consultants. By focusing on Saskatchewan, BOMCAS Canada brings that context to every engagement. We offer clear fixed-fee quotes, year-round availability rather than seasonal contact, secure digital document handling so distance is never an obstacle, and direct representation before the CRA when questions or audits arise. Whether you are in Saskatoon, Regina, Prince Albert, Moose Jaw, Swift Current, Yorkton, North Battleford, Estevan, Weyburn or a smaller rural or northern community, you receive the same considered, professional standard of service.

Why BOMCAS Canada

What our clients across Saskatchewan say

When you engage BOMCAS Canada for accounting and tax services in Saskatchewan, you work with a professional firm that takes responsibility for getting the details right. Below is what that commitment looks like in practice, and how a typical engagement works from your first call to ongoing year-round support.

Professional, qualified accountants

Your file is handled by experienced professional accountants who work to Canadian accounting and assurance standards, not seasonal preparers. Every return and financial statement is reviewed before it is filed.

Saskatchewan and federal tax expertise

We work with the full Saskatchewan tax picture every day — the 5% federal GST and the 6% Saskatchewan PST, Saskatchewan personal tax brackets, provincial credits, and the federal rules that sit on top of them — so nothing is missed and nothing is misapplied.

Clear, fixed-fee quotes

You receive a clear scope and a fixed-fee quote before any work begins. There are no surprise invoices and no vague hourly meters — you always know what you are paying and what it covers.

Year-round support, not just tax season

We are available throughout the year for questions, planning and CRA correspondence, so decisions can be made with proper advice rather than guesswork between filing deadlines.

Direct CRA representation

With your authorisation we deal directly with the Canada Revenue Agency on your behalf — responding to reviews, adjustments and audit queries — and keep you informed at each step so you are never left guessing.

Secure, modern and remote-friendly

Documents are exchanged through secure digital channels, and the entire engagement can be handled remotely. Whether you are in a city centre or a rural community, you receive the same standard of service.

How we work with you

  1. 1. Free initial consultation We start with a no-obligation conversation about your situation, your goals and any deadlines or correspondence you are facing.
  2. 2. Clear scope and fixed quote We confirm exactly what is needed, what it will cost, and the information we require from you to get started.
  3. 3. Careful preparation and review Your work is prepared, cross-checked against current Saskatchewan and federal rules, and reviewed by a second set of eyes before anything is filed.
  4. 4. Filing, explanation and ongoing support We file on time, explain the outcome in plain language, and remain available for follow-up questions and planning throughout the year.
Answers

Your questions, answered

We offer a full range of professional tax accountant services including personal and corporate tax, bookkeeping, payroll, GST, audit and assurance, financial statements, business advisory, incorporation, estate and succession planning, and CRA audit and dispute support — for clients across Saskatchewan.
We serve all of Saskatchewan, including the Saskatoon and Regina regions, Prince Albert, Moose Jaw, Swift Current, Yorkton, and central, southern and northern Saskatchewan. We work in person and securely online.
Yes, BOMCAS Canada is a professional tax accounting firm that follows Canadian accounting and assurance standards and stays current with CRA and Saskatchewan tax requirements.
Fees depend on the complexity of your needs. We always provide a clear, fixed-fee quote before beginning work, with no hidden charges. Contact us for a free, no-obligation estimate.
Yes. We serve individuals and families, self-employed professionals, incorporated small businesses, larger corporations, non-profits and charities.
Absolutely. We regularly help clients with catch-up bookkeeping, late tax filing, the CRA Voluntary Disclosures Program, audits and tax-debt negotiation.
Yes. Many clients work with us remotely through secure document exchange and video consultations. In-person meetings are also available.
Book a free consultation through our contact form or call 780-667-5250. We will discuss your needs and provide a transparent quote.
We typically respond within one to two working days. For urgent matters, calling us is fastest.
We work with leading cloud platforms including QuickBooks Online and Xero, and can support most common accounting systems.
Saskatchewan businesses generally deal with two separate sales taxes rather than a single harmonised tax. The federal Goods and Services Tax (GST) is charged at 5 percent and administered by the Canada Revenue Agency, while the Saskatchewan Provincial Sales Tax (PST) is charged at 6 percent and administered by the provincial Ministry of Finance, for a combined 11 percent in most retail situations. GST registrants can usually recover the GST they pay on business inputs through input tax credits, whereas PST is largely a tax on the final consumer. Because PST has no small-supplier threshold, most businesses making taxable sales in the province must register for and collect PST regardless of size. We help you register correctly, apply the right treatment to each product or service, and file both returns on time.
Not necessarily — incorporation is the right move for some owners and not for others. It can offer limited liability, access to the small-business corporate tax rate on active business income, and flexibility around salary versus dividends and the timing of income. However, it also brings extra filing, accounting and administrative costs. The decision depends on your profit level, risk profile, growth plans and personal cash-flow needs. We model the options for your specific situation so you can make an informed choice rather than a default one.
For personal tax, helpful items include your prior-year return and notice of assessment, all relevant slips (such as T4, T4A, T5, T3 and RRSP receipts), records of self-employment or rental income and expenses, medical and donation receipts, and details of any major life changes during the year. For a business, bring your year-end figures or bookkeeping file, bank and credit-card statements, GST and PST records, and prior financial statements. If you are unsure, contact us beforehand and we will send a tailored checklist.
Speak With a Professional Tax Accountant Today

Ready to simplify your accounting and reduce your tax burden?

Book a complimentary, no-obligation consultation with BOMCAS Canada. We serve individuals, professionals and businesses across every community in Saskatchewan — in person and remotely.