Accounting for hair salons in Ontario
Salons mix chair-rental, commission, and employed stylists, plus retail product sales, which makes how people are paid the central bookkeeping question.
CRA EFILE authorized · Data stored in Canada · Every file reviewed by an accountant
taxifi · Hair Salons
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Chair rental, commission, or employed
How your stylists work changes everything on the books. Rental income is tracked separately and stylist status is handled correctly for tax.
Retail product sales
Product revenue is tracked apart from services, with inventory kept current.
Tips and payroll
Tipped and hourly pay is handled with source deductions to CRA on time and T4s ready at year-end.
What’s included
One flat monthly price for incorporated Ontario hair salons. Everything below is in it.
- Bookkeeping for commission, chair rental, and retail
- Payroll or contractor reporting for stylists
- Retail product inventory tracked
- HST returns prepared and filed
- Year-end corporate tax (T2), included
| Area | A typical setup | With taxifi |
|---|---|---|
| Your books | Weeks or months behind | Current every day |
| Year-end (T2) | A spring scramble, billed extra | Included, no surprise invoice |
| Your accountant | Metered by the hour | Unlimited questions, flat monthly |
Common questions
My stylists rent chairs. How does that work on the books?
Chair-rental income is tracked separately from your service revenue, and stylists' status is handled correctly for tax.
Do you work with incorporated salons?
Yes. Incorporated salons are a core fit.
Books and taxes for your hair salon, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call