How Should Business Owners Pay Themselves to Save on Taxes? | Salary vs. Dividends Explained

Описание: Are you a business owner wondering about the smartest way to pay yourself a salary, dividends, or a mix of both? The choice you make can have a huge impact on your taxes, retirement savings, and long-term financial security. But picking the lowest-tax option today isn’t always the best move for your future.

In this video, Kris Dureau of Green Private Wealth breaks down:
• The differences between salary and dividends for business owners
• How each option affects your taxes, CPP, and retirement savings
• Why a tailored compensation strategy is key for long-term wealth
• How to avoid costly mistakes and plan with confidence

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Disclaimer -

All comments are of a general nature and should not be relied upon as individual advice. The views and opinions expressed in this commentary may not necessarily reflect those of Harbourfront Wealth Management. While every attempt is made to ensure accuracy, facts, and figures are not guaranteed, the content is not intended to be a substitute for professional investing or tax advice. Please seek advice from your accountant regarding anything raised in the content of the podcast regarding your Individual tax situation. Always seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your investment planning.

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