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Should you pay yourself a salary or dividends from your corporation? If you’re a Canadian business owner, this decision shapes your long-term wealth. In this episode, Tré Bynoe, CFP, CIM, breaks down why it’s not a binary choice and what most professionals and incorporated entrepreneurs get wrong.
You’ll learn the real tax impact of each strategy, why RRSP room and CPP contributions matter, and how your spending habits, investment style, and future goals play a role.
You’ll learn:
Like, follow, share, and subscribe!
Website | Youtube | Linkedin
By Tré Bynoe CFP®, CIM®Should you pay yourself a salary or dividends from your corporation? If you’re a Canadian business owner, this decision shapes your long-term wealth. In this episode, Tré Bynoe, CFP, CIM, breaks down why it’s not a binary choice and what most professionals and incorporated entrepreneurs get wrong.
You’ll learn the real tax impact of each strategy, why RRSP room and CPP contributions matter, and how your spending habits, investment style, and future goals play a role.
You’ll learn:
Like, follow, share, and subscribe!
Website | Youtube | Linkedin