Salary Vs Dividends - How to Pay Yourself as a Business Owner
Thursday, Jan. 11, 2024
10:30am to 11:30am
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:
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Strategies that are available to pay a business owner - business salary or dividend.
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The advantages and disadvantages of paying a business owner either a salary or dividend.
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Explore the possibility of combined payment for both salary and dividend
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Corporate and personal tax effects of paying dividends versus salaries.