Should you choose salary or dividend?

UPDATE: Since the recording of this podcast, the current interest rate at the CRA was at 7%. It has now increased to 8%.

If you're running a business, you may wonder if taking a salary or dividend as payment is best.

This is an important entrepreneurship decision and one that this podcast covers in-depth.

In it, you'll learn about the pros and cons of pay structures, such as whether you'd have to pay more taxes for one type of compensation over the other. You'll also find helpful tips on deciding which pay structure is best for your business and how to manage its growth.

This episode is brought to you by GURU by Achen Henderson.
Hosted by Clayton Achen, CPA, CA, TEP

Show notes: For more info on this topic, check out our blog.

https://www.achenhenderson.ca/