Affordable Tax Filing and Accounting Solutions

Focus on what’s important for your business and leave the tax filings and bookkeeping to our experienced team

Professional Service

Our taxation and accounting services follow current industry and CRA standards. We stay current with the latest rules and technology.

Affordable Price

We use the cloud-based system and connect remotely to keep the cost low to your advantage. You only pay for the services you need. Nothing else.

Expert Advisor

Our services are handled by professional accountants and IT experts with years of experience in the industry.

  • What’s new for 2023 tax return?


    Deduction for tools (tradespersons and apprentice mechanics)
     – Starting in 2023, the maximum employment deduction for tradespersons’ eligible tools has increased from $500 to $1,000. As a result, the threshold for expenses eligible for the apprentice mechanics tools deduction has also changed.

    Federal, provincial, and territorial COVID-19 benefit repayments – Federal, provincial, and territorial COVID-19 benefit repayments made in 2023, can be claimed as a deduction on line 23200 of your 2023 return.

    First Home Saving Account (FHSA) – The FHSA is a new registered plan to help qualified individuals to save to buy or build a qualifying home. Starting April 1, 2023, contributions to an FHSA are generally deductible and qualifying withdrawals made from an FHSA to buy or build a qualifying home are tax-free. Notices of assessment will also include a table similar to the RRSP table for the FHSA balances where applicable.

    Multigenerational home renovation tax credit (MHRTC) – The MHRTC is a new refundable tax credit that allows an eligible individual to claim certain renovation costs to create a secondary unit within an eligible dwelling so that a qualifying individual (a senior or an adult who is eligible for the disability tax credit) can reside with their qualifying relation. If eligible, you can claim up to $50,000 in qualifying expenditures for each qualifying renovation completed, up to a maximum credit of $7,500 for each claim you are eligible to make.

    Home office expenses for employees – The temporary flat rate method used to claim a deduction for home office expenses does not apply to 2023. Therefore, eligible employees looking to claim a deduction for home office expenses for 2023 will be required to use the detailed method and get a completed Form T2200, Declaration of Conditions of Employment, signed by their employer.

    Residential Property Flipping Rule – Starting January 1, 2023, any gain from the disposition of a housing unit (including a rental property) located in Canada, or a right to acquire a housing unit located in Canada, that you owned or held for less than 365 consecutive days before its disposition is deemed to be business income and not a capital gain, unless the property was already considered inventory of the taxpayer or the disposition occurred due to, or in anticipation of, certain life events.


About Us

The Easiest Way to Manage Your Tax and Accounting Needs

We are not just your accountant. We build a relationship that is transparent and cordial. That’s why at Veluvana we take the time to build a foundation of trust. We enjoy learning about you and your businesses.

Veluvana proudly provides solutions for individuals, sole proprietorships, and businesses. We’ll be there at every step of the way for all your accounting, tax, and bookkeeping requirements.

To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.

– Don Alden Adams,
Our Services

What Service We Offer

Explore our services. Call us for free initial consultation!

Personal Tax Returns

We will work with you to maximize your tax return as allowed legally. While nothing is too small for us, we also do complex income tax.

Audit Assistance

We will assist you in case of a CRA audit. We can help you to maintain a well-organized record so that you have what you need for auditing.

Business Tax Returns

Did you know if you overpay your business tax? Did you missed your business tax filing deadline? We will help you at every step.

Accounting Solutions

Our accounting solutions are cloud-based. We will help you to set up and configure your cloud system. Do it once and access it anywhere, anytime.

Payroll & Salary

Keeping up with payroll can be a drain on time and resources of any busy owner. Our experienced payroll staff is ready to work with you.

IT Planning and Solutions

Whether you have a small business or you need a more complex IT solution. Our IT Professionals will make it work for you.

Who We Are

We Keep Your Finance Safe And Ensure High Availability

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Investment Planning
Accounts Outsourcing
Business Taxation
Payroll & Salary

Need Financial Advisor For Your Business? Contact Us Today

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Our Team

Meet With Professional Team

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Jennifer Doe

Jennifer Doe

Financial Advisor

Jonathan Doe

Jonathan Doe

Financial Advisor

Nelly Cooper

Nelly Cooper

Financial Advisor