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Who we help · Laundromats · Tax services

Tax filings for a cash business that leave the CRA nothing to guess at.

The CRA does not need your ledger to assess a laundromat: it can estimate revenue from water consumption, multiply posted vend prices through the machine count, and reconstruct income from your lifestyle with a net-worth assessment. Our tax filing work for laundromats and dry cleaners builds returns those tests confirm rather than contradict, with collections tied to deposits and HST backed correctly out of tax-included prices.

Rows of machines in a laundromat

An auditor can read your water meter

Unattended revenue puts laundromats on the CRA's short list of businesses it audits indirectly. When invoices cannot prove income, an auditor estimates it: water and gas consumption converted into implied turns, posted vend prices multiplied through, bank deposits lined up against collection dates, and, at the sharp end, a net-worth assessment that rebuilds income from what the owner spent and acquired over the years under review. Once an estimate is assessed, the burden flips, and the operator has to disprove the CRA's arithmetic rather than the other way around.

The defence is not argument, it is contemporaneous records. A collection log kept by machine and by date. Card-platform exports saved every month, not requested in a panic three years later. Deposits that follow collections within days. Utility usage that squares with declared revenue instead of undermining it. When the return, the log and the meter all tell one story, an indirect audit has nowhere left to go.

The HST is already inside the machines

Coin and card laundry is fully taxable, but nobody adds 13% at a top-loader. The posted vend price is simply what the customer pays, so the HST lives inside it: we back the tax out at 13/113 of collections, and because the GST/HST rules treat machine revenue as received on the day the box is emptied, the collection log doubles as the HST record. Set a vend price without remembering the 13% sitting inside it and the margin is thinner than the sign on the wall suggests.

Over the counter, the mechanics flip. Wash-dry-fold orders, dry-cleaning tickets, repairs and alterations, and monthly commercial linen invoices all add 13% HST in the open, itemized on the receipt. And since everything a laundromat or dry cleaner sells is taxable, input tax credits come back on nearly everything it buys: utilities, solvent and filters, machine parts, new equipment, even the leasehold buildout. Filed on time and reconciled, HST is a flow-through in this business, not a cost. Missed ITCs, on the other hand, are simply margin donated to Ottawa.

What gets cross-checked at audit

The auditor comparesAgainst
Water and gas consumptionDeclared turns and reported revenue
Card-platform and POS exportsDeposits and the revenue on the return
Collection log datesBank deposit dates
Posted vend pricesAverage revenue per machine
HST returnsIncome reported on the T2
The owner's lifestyle and assetsIncome reported on the T1

None of these tests needs your cooperation to run, and every one of them is easy to pass when the filings were built for it. That is why our Corporate Tax Filing work starts from reconciled collections and platform exports, not from a shoebox opened in March.

The dry-cleaning counter has its own file

A dry cleaner's records are cleaner than a wall of washers, because every garment has a ticket, but the tax file still has teeth. Ticket sequences should be unbroken, voids explained, and prepaid orders that are never collected recognized under a consistent written policy rather than quietly forgotten. Environmental handling costs, solvent purchases, filter disposal through licensed carriers, sit in the expense file with full ITCs attached, and they draw attention when they move out of line with cleaning volume, in either direction.

The calendar for a laundromat corporation

The T2 corporate return is due six months after year-end, with the balance owing generally payable within three months for a small CCPC claiming the small business deduction. HST filing frequency is assigned by revenue, and each remittance deserves respect, because HST collected is trust money rather than working capital. T4s for attendants leave by the last day of February, and the owner's return follows through Personal Tax Filing so salary, dividends and the store's numbers land consistently on both sides.

When a brown envelope arrives anyway, a review letter, an HST desk audit, a request for the collection log, we answer it through CRA Audit & Review Support: representation in writing, on deadline, with the records already in order. Fees are quoted in writing after a free 15-minute discovery call, with no hourly surprises.

Source: CRA — GST/HST for businesses.

Common questions

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Is HST included in the price my machines charge?

Yes. Coin and card vend prices are treated as tax-included, so we remit 13/113 of collections, accounted for when the money is collected from the machines. Wash-dry-fold, dry cleaning and commercial invoices instead add 13% openly at the counter.

What triggers a net-worth assessment?

Reported income the CRA cannot verify against records, which is why cash-heavy businesses see them most. The CRA rebuilds income from your assets and spending, and the defence is contemporaneous collection logs, platform exports and deposits that reconcile.

When are my corporation’s filings due?

The T2 is due six months after year-end, with tax generally payable within three months for a small CCPC claiming the small business deduction. HST returns follow your assigned frequency, and attendant T4s are due by the last day of February.

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