Chiropractor Accounting in Guelph, Ontario

No. Chiropractic services provided by a registered chiropractor in Ontario are exempt from HST under the Excise Tax Act. This means you do not charge HST on your treatment fees, and you cannot claim input tax credits (ITCs) on your clinic expenses related to those exempt services. However, if your clinic sells products (orthotics, supplements, pillows), those sales are typically taxable at 13% HST. A mixed-supply analysis is important for clinics with product revenue alongside service revenue.

Yes. Ontario chiropractors can incorporate a professional corporation (PC) under the Business Corporations Act (Ontario), subject to OCC approval. Incorporating allows you to defer personal income tax by leaving retained earnings in the corporation at the lower corporate tax rate, access the Lifetime Capital Gains Exemption, and split income with eligible family members. The decision to incorporate depends on your profitability level — generally, it becomes advantageous when you are earning more than you need for personal living expenses. We help you model both scenarios before making the decision.

Most Ontario chiropractic clinics use Jane App or Cliniko as their practice management software, paired with QuickBooks Online or Xero for accounting. We work daily with both practice management platforms and can pull reports, reconcile deposits, and integrate your billing data into your accounting file without requiring you to learn new software. The key is keeping your Jane App or Cliniko reports aligned with your bank deposits — which is where most chiropractic clinic bookkeeping errors occur.

WSIB (Workplace Safety and Insurance Board) reimbursements are a common revenue stream for Ontario chiropractic clinics. WSIB payments follow a different billing and payment cycle than extended health insurance, and the reimbursement rates are set by WSIB schedules. For accounting purposes, WSIB revenue is HST-exempt (same as your other chiropractic services). The main bookkeeping challenge is reconciling the lag between service date, claim submission, and actual payment — which can create timing differences in your monthly financials that need careful management.

Ontario chiropractors can deduct legitimate business expenses against their clinic income. Common deductible expenses include: clinic rent or mortgage interest (if you own), equipment and supplies, continuing education courses and CE credits, OCC registration fees, malpractice insurance premiums, bookkeeping and accounting fees, marketing and website costs, home office expenses if you work from home for administrative tasks, and staff wages including payroll taxes. Since chiropractic services are HST-exempt, you cannot claim ITCs on most expenses — but all legitimate business expenses remain deductible for income tax purposes.