Should I pay myself salary or dividends from my corporation?
Loading...
Loading...
7:32
How to Turn $20,633 into $770,796by annsieg20,937 views- 4:01
How to buy a home with corporation Canadaby allanmadan887 views
- 9:25
How to save corporate taxes in Canada - by Accountant Toronto.wmvby allanmadan2,051 views
- 12:52
Are your dividends safe?by MoneyWeekVideos1,621 views
- 5:44
Tax Write offs for Small Business in Canada - Accountant Torontoby allanmadan2,247 views
- 4:09
How to become independent contractor and not employeeby allanmadan1,330 views
- 5:27
Career in Chartered Accountancyby eduignite10,567 views
- 7:55
Tax in Canadaby allankeon1,518 views
- 5:11
Safe High-Yields In a 0% Interest Worldby wealthvault452 views
- 6:13
Income Tax Savings of $4,500by jimmer2758850 views
- 1:23
Chartered Accountants Salaryby TheTotalprofit5,340 views
- 4:18
What does 40 Percent Dividend Mean?by MarketVisionVideo531 views
- 4:43
Small business deduction Canadaby allanmadan735 views
- 1:01
Pay Yourself Firstby primerica1,360 views
- 10:55
What is a dividend yield?by moneycontent10,975 views
- 4:43
Ki Samjhaiye - Amrinder Gill [Full Song HQ] - Judaa (2011) - Dr Zeus - Brand New Punjabi Songby YaarAnnmulle386,593 views
- 3:30
Benefits of Incorporating in Canada - Accountants Mississaugaby allanmadan643 views
- 1:27
How I became a Chartered Accountant by default, rather than designby pitstop4performers4,495 views
- 2:34
Tax Tips for Business Ownersby Info4YourLife583 views
@samira2324 You're more than welcome. Allan Madan, CA
allanmadan 2 weeks ago
Thank you very much for this reply
samira2324 3 weeks ago
@samira2324 Yes, you can pay yourself dividends and salary. Note that the first $40,000 of dividends are tax-free if you have no other source of income. There are benefits to receiving a small salary and the remainder in dividends. For example, salary increases your RRSP room, increases your pensionable earnings, and allows for deductions such as child care expenses and automobile costs, which dividends do not.
Allan
allanmadan 3 weeks ago
Hi
Thanks for this video,
Can I pay Myself Salary and have my share of dividends as well?
samira2324 3 weeks ago