Owner pay · 3 min read
Salary or dividends: compare the same company cost.
See what reaches your household after company tax, personal tax and payroll costs, then include the longer-term effects.
Related tool: salary and dividend comparison.
Cash and tax decisions, explained.
Practical reading for Canadian business owners. Start with company cash, then work through owner pay and the records a future sale will need.
Give the cash a job
Company cashOperating needsHousehold needsLonger-term capital
Company cash · 3 min read
A plan for the cash building up in your company.
Set aside what the business needs, then compare the tax and cash consequences of using what's left.
Exit preparation · 3 min read
Get the records ready before you sell your business.
A practical checklist for the share history, asset evidence and tax records a future sale may depend on.
Related assessment: share-sale eligibility questions.
Put the guidance into context.
The articles explain the decisions and link to their CRA sources. Your records, tax history and plans determine what applies to you.
See how Senova works with business owners, or explore the free tools.