Accounting for restaurants in Hamilton
Restaurants run on thin margins, daily sales across cash, card, and delivery apps, food and liquor inventory, and a mix of tipped and hourly staff. In Hamilton, taxifi handles it online: books current every day, filings on time, and a Canadian accountant reviewing and signing every file.
CRA EFILE authorized · Every file reviewed by an accountant · Switching is free — about an hour of your time
Restaurants in Hamilton, books handled
Hamilton blends established trades and manufacturing with a growing wave of new owner-operated businesses across the city.
For restaurants specifically, taxifi covers the work below as part of one flat monthly price, with Ontario’s HST, WSIB, and Employer Health Tax handled inside the service:
- Daily sales reconciled across POS, card, and delivery apps
- Food and beverage inventory tracked
- Payroll for tipped and hourly staff
- HST returns prepared and filed
What we take off a Hamilton restaurant’s plate
Reconciling every payment channel
Cash, card, and delivery-app payouts rarely match your sales on their own. We reconcile Uber Eats, DoorDash, and SkipTheDishes to your POS so nothing is double-counted or missed.
Food and beverage inventory
Inventory and cost of goods are tracked so you can see real margin, not just what's left in the bank.
Tipped and hourly payroll
Tipped and hourly staff are handled with source deductions remitted to CRA on time and T4s ready at year-end.
Why Hamilton restaurants choose taxifi
Hamilton's economy has manufacturing bones and a renovation-era present: older housing stock being rebuilt street by street, waterfront and downtown redevelopment, and GTA spillover bringing new customers — and new competition — up the escarpment. It is a growth market that rewards businesses ready to scale cleanly.
Restaurants here carry the same load as anywhere: thin margins, daily cash, tip handling, and a payroll roster that never sits still. What changes with taxifi is that the books are current every single day and an accountant signs everything — which means you know your food and labour costs weekly instead of discovering them at year-end.
Common questions
How are tips supposed to be taxed for my staff?
It depends on who controls them. Tips the restaurant controls — added to bills, pooled and distributed by you — generally run through payroll with CPP and EI, while tips customers hand directly to staff generally don't create employer withholdings. Getting the distinction right matters in a payroll review, and it starts with the point-of-sale and the books agreeing on which kind your Hamilton restaurant actually has.
Is everything on my menu subject to HST?
Restaurant meals in Ontario are taxable — prepared food is not the same as groceries — and catering, delivery platforms, and packaged retail items can each have their own wrinkles. The safe structure is a point-of-sale configured correctly once, feeding books that are reconciled daily, so the HST return is an output instead of a quarterly research project.
We're growing with Hamilton. Can taxifi scale as we do?
That is the design. The flat monthly price is quoted for the size you are now and revisited as you grow — adding payroll when you hire, HST filings as volumes rise, and advisory when the decisions get bigger. Growing Hamilton businesses shouldn't outgrow their bookkeeping every eighteen months.
I already have a bookkeeper or accountant in Hamilton. How hard is switching?
The switch is free: we deal with your current provider directly, collect your file and history, and take over the monthly work. Any catch-up is scoped and priced before you commit. Your part is about an hour, and mid-year is fine.
Your Hamilton restaurant, books and taxes handled
One flat monthly price for incorporated Ontario businesses, quoted live on a short call.
Get Started