Top Tax Tips for Small Businesses in Manitoba, Canada

Running a small business in Manitoba comes with plenty of rewards—and responsibilities.

One of the biggest is staying on top of your tax obligations. Here are some essential tax tips

to help Manitoba small business owners stay compliant and save money:

Know When to Register for GST/HST and RST

If your total revenue exceeds $30,000 in any single calendar quarter or over four consecutive quarters, you must register for GST/HST with the CRA. In Manitoba, you may also need to register for Retail Sales Tax (RST)—even if you’re a service provider. Understanding provincial and federal tax rules is key to compliance

Separate Business and Personal Finances

Keep your business finances clean and audit-ready by maintaining a separate business bank account and credit card.

Track and Claim All Eligible Tax Deductions

From home office expenses and vehicle use to software subscriptions and meals (50%), many small business tax deductions go unclaimed. Keep detailed records and consult your bookkeeper.

Stay on Top of Payroll Tax Remittances

Remit CPP, EI, and income tax by the 15th of the following month. Late payments mean penalties and interest.

Work With a Professional Bookkeeper

A qualified bookkeeper will ensure you're organized, compliant, and taking advantage of every deduction you're entitled to.

Tax season doesn’t have to be stressful. With the right advice and bookkeeping support, you can save money and reduce audit risk. Bookkeeping professionals in Manitoba are here to help.