M Setia Accounting Inc.

M Setia Accounting Inc. Trust to Keep Your Finances on Track

06/09/2026

📢 Important Tax Update for BC Businesses – PST Expansion Effective Oct 1, 2026

The British Columbia government has announced an important change to the Provincial Sales Tax (PST) regime, effective October 1, 2026.

Starting on this date, PST will be expanded to include several professional services that were previously exempt, including:

• Accounting & bookkeeping services
• Architectural services
• Engineering & geoscience services
• Security & private investigation services
• Non-residential real estate services (including property management & strata services)

💡 What this means for businesses:
If you purchase or provide these services in BC, you will generally see an additional 7% PST applied on top of GST (5%), increasing the overall tax cost of services.

📌 For service providers:
Businesses offering these services should start preparing now for:

* Client contract updates
* Pricing and billing adjustments
* PST registration (if not already registered)
* System and invoicing changes

📅 This change takes effect October 1, 2026, so early planning is key to ensure a smooth transition.

🔗 For more info check the following website:
BC Government PST Update⁠

If you have questions about how this may impact your business or compliance requirements, feel free to reach out.

🎓 M. Setia Accounting Student Excellence Scholarship Award 🎓It was a pleasure presenting the M. Setia Accounting Student...
06/05/2026

🎓 M. Setia Accounting Student Excellence Scholarship Award 🎓

It was a pleasure presenting the M. Setia Accounting Student Excellence Scholarship Award to outstanding students at the ACSS School in Aldergrove.

Supporting and recognizing young people who demonstrate dedication, hard work, and a commitment to excellence is incredibly rewarding. These students have worked hard to achieve their goals, and I am proud to celebrate their accomplishments.

Congratulations to this year's deserving recipients! Your perseverance, leadership, and commitment to learning are truly inspiring. I wish you all the very best as you continue your educational and professional journeys.

A special thank you to ACSS School for providing opportunities to encourage and recognize student achievement. Investing in education and future leaders strengthens our entire community.

📚✨ Congratulations again, and best wishes for a bright future ahead!

04/07/2026

🚀 Up to $25,000 in Grants for Retail Businesses in Montréal!
If you’re planning to start, grow, or modernize a retail business, this is an opportunity you don’t want to miss.
The Fonds Entrepreneuriat commercial by PME MTL is designed to support businesses with a physical storefront and help strengthen Montréal’s commercial streets.
💰 What’s available?
✔️ Grant of up to $25,000 per year
✔️ Covers up to 80% of your project costs
📌 What can it be used for?
• Launching a new business
• Expanding or growing your operations
• Retaining an existing commercial location
• Adapting your business model to stay competitive
✅ Key eligibility highlights:
• Business must be located in Montréal
• Must have a storefront open to the public
• Business plan + financial projections required
• Minimum 20% owner investment required
This fund is a great way to reduce financial pressure while scaling your business and contributing to a stronger local economy.

***Disclaimer***

This is not tax advice; the content provided is only for information purposes. M Setia Accounting Inc. CPA will not be held liable for any problems arising from the use of this information.

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27658 Railcar Crescent
Surrey, BC
V4X0B8

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Wednesday 9:30am - 5:30pm
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