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Mar 09, 2018 2:41 pm
I own a small business, what would be profitable, get a salary or write myself a dividend.
if it's a dividend whats the maximum.
Thank you
1 Reply
Mar 12, 2018 7:30 pm
Hi, pay yourself a dividend to avoid the headache of payroll taxes and to avoid paying Canada Pension Plan premiums. The tax free amount is $35,000 / year, providing that you have no other source of personal income.