Restaurants in Canada must pay various taxes including food tax, alcohol tax, payroll taxes, non-alcoholic beverage tax, sales tax (GST/HST or PST/QST depending on province), and tax on tips. Tax rates vary by location. Proper bookkeeping and consultation with professionals helps restaurants maximize profits while remaining compliant. CJCPA provides bookkeeping, advisory, taxation, accounting and related services for businesses across British Columbia. They can help restaurants understand their tax obligations and file correctly.
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To read more visit: https://cjcpa.ca/blog/6-taxes-....to-know-if-you-run-a