BB Bhavneet BhanguCPA, LL.M. (Tax), TEP
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Partner, Dusangh & Co. Chartered Professional Accountants, Surrey

Structure is strategy.

Tax planning, reorganizations and transaction advice for owner-managed businesses and families, from the structure you build today to the business you eventually sell or pass on.

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1 Start

It begins with one company.

Most owner-managed businesses start simply: you, and an operating company that does the work. It’s the right start, but rarely the right finish.

2 Reorganize

Separate what you earn from what you keep.

A holding company can sit between you and the business, holding retained earnings and property apart from operating risk.

In 2026, active business income up to $500,000 is taxed at 11% in a BC corporation, against 53.5% at the top personal rate. Source: KPMG, BC Budget 2026.

3 Plan ahead

Bring the next generation into the picture.

An estate freeze and a family trust can let future growth benefit your children, with the reporting obligations understood from day one.

Trusts file a T3 return within 90 days of year-end. Certain bare trusts must file for the first time for 2026, by March 31, 2027. Source: CRA.

4 Transition

Leave on your own terms.

Sale, succession or ownership transition: much of the tax outcome is decided before the deal. That’s when to call.

For 2026 sales, gains on qualifying small business shares can be sheltered up to $1,275,000 per person, if the shares qualify when sold. Source: MoneySense.

Talk before you signTry the structure lab

An illustrative structure, not a recommendation. Every structure depends on your circumstances.

Qualified in CPA, LL.M. (Tax), TEP, A.CG, CEA Trained at KPMG and Grant Thornton

When to call

The moments that decide what you keep.

Most tax outcomes are fixed before the paperwork starts. These are the decisions worth a conversation first.

Buying a business

Shares or assets, financing projections for lenders, goodwill, and the tax consequences of the purchase.

Talk about an acquisition

Reorganizing

Holding companies, ownership changes and reorganizations, planned for today’s needs and long-term goals.

Talk about your structure

Selling or succession

Preparing the company so its shares can qualify for the lifetime exemption, and passing it to family or partners.

Talk about an exit

Reporting and compliance

Review engagements, financial statements, corporate and personal returns, GST/PST and controllership, for businesses and nonprofits.

Talk about reporting

Structure lab

Build your structure and watch it move.

Switch pieces on and off, drag to turn it, and hover any block to see what it does. A sketch to bring to a conversation, not a recommendation.

Drag to turn, hover a block

Structure pieces

Discuss this structure

Holding company calculator

What staying in the company defers, and what it costs later.

Leaving business income in a corporation defers tax while it stays there. Paid out later as a dividend, the total ends up close to earning it personally. Both halves, with 2026 BC rates.

$200,000
$10K$500K small business limit
Earned personally
Corporate tax now
Dividend tax later

Rates: small business corporate 11%, top personal 53.5%, top non-eligible dividend 48.89% (KPMG, BC Budget 2026). Assumes the income qualifies for the small business rate and would otherwise be taxed at the top personal rate. Leaves out investment returns inside the company, the passive income limit and the cost of a second company. Illustrative only, not tax advice.

Tax deferred while it stays in the company

$85,000
Total tax, earned personally
Total tax, through the company

Is a holding company right for me?

Areas of expertise

Seven disciplines, one connected view.

An acquisition touches financing, reporting, structuring and tax at once. Experience across all of them means seeing how they interact.

Tax planning and corporate reorganizations

Corporate and personal tax planning, ownership structures, reorganizations, and the tax considerations arising from business transactions. Advice that considers both immediate needs and longer-term objectives.

  • Holding companies
  • Ownership structures
  • Reorganizations
  • Paying yourself

Acquisitions, sales and succession

Accounting and tax advice for business purchases, sales, ownership transitions and succession planning, including transaction structuring, financial information and the tax implications of significant decisions.

  • Purchases
  • Sales
  • Lifetime exemption planning
  • Succession

Trusts and estates

Trust and estate tax planning, family trusts, estate freezes, executor guidance and the compliance that follows, including the new bare trust reporting.

  • Family trusts
  • Estate freezes
  • Executor support
  • T3 returns

Review engagements and financial reporting

Review engagements, financial statement preparation and other reporting for businesses and nonprofits, prepared to the applicable standards and to what lenders and stakeholders expect.

  • Review engagements
  • Financial statements
  • Nonprofits

Financial projections and financing support

Forecasts and projections for business planning, lending applications, acquisitions and other financing needs, based on the engagement scope.

  • Forecasts
  • Lender packages
  • Acquisition financing

Accounting and ongoing compliance

Corporate and personal tax returns, GST/PST, bookkeeping, payroll and outsourced controllership, so the financial information you rely on stays accurate and on time.

  • T1 and T2 returns
  • GST/PST
  • Bookkeeping and payroll
  • Controllership

Goodwill and transaction support

Goodwill calculations and related accounting support for purchases, sales and reorganizations, subject to the nature and scope of the engagement.

  • Goodwill
  • Purchase accounting
  • Reorganization support
Real estate development, investment and brokerage
Legal and professional services
Franchise, retail and hospitality
Construction, trades and manufacturing
Automotive and engineering
Nonprofits and community organizations

Languages

English ਪੰਜਾਬੀ हिन्दी اردو

Family businesses often involve two generations and more than one language. Advice is available in English, Punjabi, Hindi and Urdu, so everyone at the table follows the plan.

Portrait of Bhavneet Bhangu
PartnerDusangh & Co. since 2022

About Bhavneet

Big-firm training, partner-level attention.

I’m a Partner at Dusangh & Co. Chartered Professional Accountants, a Surrey firm serving clients since 1998. Before joining the partnership in 2022, I spent more than a decade in public practice, including KPMG and Grant Thornton, working across accounting, tax, assurance and advisory for owner-managed businesses, nonprofits and individuals. I hold a Master of Laws in Taxation from UBC’s Peter A. Allard School of Law and a Bachelor of Commerce, and I teach accounting at the university level.

0years in public practice
0years volunteering at free tax clinics
0firm serving clients since
CPAChartered Professional AccountantCPABC LL.M.Taxation, UBC Allard School of LawUBC TEPTrust and Estate PractitionerSTEP A.CGChartered Governance ProfessionalCGI Canada CEACertified Executor AdvisorCICEA
Free tax clinics
Ten years volunteering with the CRA’s Community Volunteer Income Tax Program
Financial literacy
Talks for the UBC Graduate Student Society, Peterson BC and Johnston Heights Secondary School
Mentoring
Mentor to accounting students
Organizations
Insure CPA (formerly CPA Insurance Plans West) and the Douglas College Alumni Association

Questions

Before we meet.

Who do you typically work with?

Owner-managed businesses, families and nonprofits across real estate, professional services, franchise and hospitality, construction and trades, automotive and engineering, and consulting. Most come with a decision about growth, financing, ownership, tax or succession.

When should I involve you in a transaction?

Before a letter of intent is signed. Structure, timing and how a deal is documented often decide the tax result, and they’re hardest to change afterward.

Do you work with my lawyer and financial advisor?

Yes. Reorganizations, trusts and transactions usually involve legal and financial professionals, and coordinating with them is part of the work.

How do meetings work?

On Microsoft Teams or at the Surrey office, in English, Punjabi, Hindi or Urdu. A first conversation covers the decision, your goals and timeline, and what information would be needed. Scope and fees are confirmed in an engagement letter before work begins.

Start a conversation

Let’s design the structure before the decision.

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Or send a note

Emailbhavneet@dusangh.com
Direct and main604-870-6571

604-502-0509 ext. 103

Office

Unit 404 – 13761 96 Avenue
Surrey, BC V3V 0E8