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Online Business

Salary Vs Dividends - How to Pay Yourself as a Business Owner

Thursday, Jan. 11, 2024
10:30am to 11:30am

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Jan.
11

Learn how to pay yourself as a business owner.

Business owners make a multitude of decisions that may have significant implications on their taxes - especially when it comes to compensating from an incorporated business. One of these decisions is about whether business owners should pay themselves using a salary, dividends, or a combination of the two.

In this session, attendees will learn:

  • Strategies that are available to pay a business owner - business salary or dividend.

  • The advantages and disadvantages of paying a business owner either a salary or dividend.

  • Explore the possibility of combined payment for both salary and dividend

  • Corporate and personal tax effects of paying dividends versus salaries.