Salary or Dividends: How to Pay Yourself in Ontario
How to pay yourself from your Ontario corporation in 2025: a worked example on $150,000 of profit, and why CPP and RRSP room usually decide it.
How to pay yourself from your Ontario corporation in 2025: a worked example on $150,000 of profit, and why CPP and RRSP room usually decide it.
Your T2 is due six months after your corporate year end, but the tax balance is due in two. What that gap costs, and every date it produces.
Wondering if you should incorporate in Ontario? The real test is not your income, it is how much profit you can leave in the company. With 2025 numbers.
Some Canadian tax deadlines really do end at midnight on December 31. Several do not. A sorted checklist for individuals and small corporations.