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.
An Ontario consultant billing $120,000 can keep $2,407 more HST using the Quick Method. The 8.8% rate, who is barred, and where the break-even sits.
The $30,000 HST threshold is a rolling four-quarter test, not a calendar year. How to find your real registration date, and what to do if you are late.
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.