Padgett Business Services
Grimsby, ON
Grimsby, ON
• Padgett Business Services is a full service Tax, Accounting, Bookkeeping and Payroll company geared exclusively to the small business owner.
• Our Certified Professional Accountants go well beyond the industry norm for an accounting firm. In addition to handling accounting and tax requirements, our real value is to solve day-to-day headaches and share our knowledge and expertise to help grow businesses
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What kind of accounting services do you provide?
Padgett Business Services of Grimsby is a boutique accounting and bookkeeping firm. With our knowledge and experience, we bring the calibre of the large firms, while being more personalized, flexible and pragmatic in meeting our client’s needs.
Why is it so important for businesses to hire a great accountant?
In addition to handling your accounting and tax needs, Padgett Business Services of Grimsby goes well beyond the industry norm for an accounting firm. Our real value is to solve your day-to-day headaches and share our knowledge and expertise to help grow your business. Without a proper accountant, you could really miss out on opportunities to scale your company. Being in tax trouble with the CRA can cost you your business and have a significant impact on your mental health.
What do you love most about your job?
We love our clients and being collaborative participants on their teams. We are committed to helping you understand your business, and building the small business community and ecosystems and sharing those relationships with you.
What inspired you to start your own business?
Running a business today can be rewarding but at the same time, it often has a ton of complexities and challenges. The small business make up a huge part of the economy,
Why should our clients choose you?
As small business owners ourselves, we never lose sight of what the ultimate goal is: helping entrepreneurs like yourself realize your dreams. We become a collaborative participant in your team. Our job is to develop strategies to help you stay financially organized. We will help you put more money in your pockets. Our strength is our advisory services including cash flow forecasting, budgets vs. actual reviews, proactive tax planning and more.
BOOKEEPING AND RECONCILIATION
Using QuickBooks Online and ReceiptBank, we work with you to record all your financial transactions and reconcile bank accounts. We will provide you with access to expert support ensuring that you are maximizing the benefits of these software solutions.
BUSINESS REVIEWS
During your Quaterly Business Review, Padgett will have a discussion with your management team. The focal point of this meeting is not just to check what goals have been met and what's outstanding. Instead, it revolves around your business, highlights, challenges and goals achieved during that period and what can be done to escalate its growth.
ADVISORY SERVICES
Included in your subscription is access to very experienced resources to help answer questions and solve your day to day headaches.
BUDGETING
With the help of our professional accountants, we will work with you to prepare an annual budget so that your team is all aligned on company targets.
TAX RETURNS
Personal (T1) and Corporate (T2) returns completed for all shareholders and their spouses
 Expert input from accountants helping you navigate the complexities of tax law all while keeping your best interests in mind
 Ensure you pay only the right taxes for your business type and industry to avoid being hit with penalties and fines
 Advice provided early to reduce your time and stress
HST/GST RETURNS
HST/GST returns prepared and submitted to CRA
 Returns prepared and submitted on time
 Receive refunds or rebates you are entitled to
PAYROLL MANAGEMENT
Using our third-party service provider, we will manage payroll 365 days
 Regular payroll and source deduction submission
 Peace of mind that staff are paid on-time
year.
