Dividends vs Salary
Jul 10, 2019 ·
6m 53s
Today we’re discussing the age-old debate, salary vs dividends. What should you do? As a self-employed incorporated person, all of your earnings are generated by your corporation and likely taxed...
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Today we’re discussing the age-old debate, salary vs dividends. What should you do?
As a self-employed incorporated person, all of your earnings are generated by your corporation and likely taxed at favorable small business rates.
Now the cash you need to pay your personal expenses is stuck inside your corporation, thus leading to how will you pay yourself so you can buy groceries, pay your mortgage and deal with other expenses you may have.
show less
As a self-employed incorporated person, all of your earnings are generated by your corporation and likely taxed at favorable small business rates.
Now the cash you need to pay your personal expenses is stuck inside your corporation, thus leading to how will you pay yourself so you can buy groceries, pay your mortgage and deal with other expenses you may have.
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| Author | Rob Tetrault |
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