Corporate & Personal Tax
RN Canada plans and files corporate and personal tax for owner-managed businesses across Alberta and British Columbia. We treat your T2 corporation return, your T1 personal return and your GST/HST filings as one connected system, so the way profit leaves the company is coordinated with how it is taxed in your hands. The goal is simple: keep you compliant, claim every deduction and credit you are entitled to, and make sure no deadline is missed.
What's included
- Federal T2 corporate income tax returns, including the Alberta AT1 where a permanent establishment exists in Alberta.
- Personal T1 returns for owners, including self-employment, investment and dividend income.
- GST/HST registration and return preparation, aligned with your filing frequency.
- Small-business deduction planning and management of the $500,000 business limit across associated companies.
- Salary-versus-dividend remuneration planning so corporate and personal tax are optimised together.
- A tax and instalment calendar so filing and payment deadlines are met.
Key facts we work with
Corporate rates. The federal general corporate rate is 15% after the abatement and the federal small-business rate is 9% on active business income up to the $500,000 business limit. That limit phases out between $10 million and $50 million of taxable capital. Source: Corporation tax rates — Canada.ca.
Alberta corporate rates. Alberta levies an 8% general corporate rate — the lowest general rate in Canada, in place since July 1, 2020 — and a 2% small-business rate on the first $500,000 of active business income. Source: Corporate income tax — Alberta.ca. Arithmetically that combines with the federal rates to about 11% on small-business income and 23% on general income.
Alberta personal brackets (2025 tax year). Alberta applies 8% up to $60,000, 10% from $60,000 to $151,234, 12% to $181,481, 13% to $241,974, 14% to $362,961, and 15% above. The new 8% first bracket took effect January 1, 2025. Source: Personal income tax — Alberta.ca.
Federal personal brackets (2025 tax year). The federal brackets are 14.5% up to $57,375 (a blended full-year rate after the lowest rate was cut from 15% to 14% effective July 1, 2025), 20.5% to $114,750, 26% to $177,882, 29% to $253,414, and 33% above. The 14% lowest rate applies in full from 2026. Source: Canadian income tax rates for individuals — Canada.ca.
Deadlines. A T2 is filed within six months of year-end, with the balance due two months after year-end (three months for a CCPC claiming the small-business deduction). The T1 is due April 30 (June 15 for the self-employed, balance still April 30), and annual GST/HST filers are generally due three months after year-end. Source: Corporation income tax filing and payment deadlines — Canada.ca.
Who it's for
This service fits Alberta and BC owner-managers running a corporation, professionals operating through a professional corporation, and individuals with self-employment, rental or investment income who want their corporate and personal returns prepared together rather than in isolation. It suits businesses approaching or crossing the $500,000 small-business limit, where remuneration and timing decisions start to materially change the total tax bill.
How RN Canada helps
We prepare and file the returns, reconcile the federal and Alberta filings where both apply, plan remuneration across the corporation and the owner, and set up the instalment and remittance calendar that keeps you ahead of deadlines. Our founder, Ozgur Duymaz, holds a Ph.D. in accounting and finance and is a CPA (Canada), ACCA (UK) and CMA (US). To get your corporate and personal tax handled in one place, talk to us or browse the full services overview.
This page is general information, not personalized tax advice. Speak to us about your specific situation.
Frequently asked questions
A Canadian-controlled private corporation that qualifies for the small-business deduction pays the federal 9% small-business rate plus Alberta's 2% small-business rate on the first $500,000 of active business income — roughly an 11% combined rate. Income above the limit is taxed at the federal 15% general rate plus Alberta's 8% general rate, about 23% combined.
A T2 corporate return must be filed within six months of the corporation's fiscal year-end. Any balance owing is due two months after year-end, extended to three months for a CCPC claiming the small-business deduction, so the payment deadline can fall before the filing deadline.
The T1 personal return is due April 30. Self-employed individuals have until June 15 to file, but any balance owing is still due April 30.