Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 20 Mar 2013, p. 20

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so - WAmuoo cuaoNtcu “Nadine-day, M20. 2013 i P' k h Ifâ€" a] di 'd d ' 1c ow you pay yourse s aryor V1 en s ‘ fyou already have an impound busi- employee Canada Pension Plan (GP?) pre- subject to higher corporate tax ‘ and may not qualify for group Ines or you‘re about to start one. you can miums and. in some provinces, payroll ram Dividendspaidoutofdol- disabilitypians cheese how you whh to be M taxes. iars above the 830 are enable This strategy can, however, â€" by way of a salary (indium; bonuses) or ° A salary generates Registered Retire- for a more advantageous pet- allow more income to be saved through dividends from shares you own in merit Savings Plan (RESP) contribution sonal mute. Inside the corporation than yourcompany. room. CPP benefits and is necessary lfyou Dividends paid with dolhrs could odterwise be contributed medioiceisuptoyouâ€"butthemama wisblomblishanlndividuall’ensioni’hn taxed attirelowerSBDrate are ' to investments held within a number of factors that you should know (IPP). non-eligible. resulting in a RESP or to an lPP and could about so you can make the most informed lower Divide Tax Credit for more than offset the reduction choice. DIVE-uh the shareholder and. conse- in future CF? retirement bene- 0 Dividmds are paid out Matter-tax cor- quently. attracts more personal 7 fits â€" if you use the correct Ssh-y ponteproflmcorpomhcomelnmeu taxthanan'eliublef'divldeud. imutmemstmegy OAS-hxykadeduuhnmyomcompgny “mmmwfifllfim ' but itwlllalsoattractbothempioyerand WWIMinmpmvlnceslb Andfiyndm 0mm . , â€" w. ,~ ~ ,. (in, slndnmtaxpmfission- m 'Cledltorpmtectionâ€"many alt odViaed business owners to new provinces have rules preventing pay their“ at least w professional corporations from ‘ alaryto reduce corporate prof- using holding companies or - its below the 880 limit, But corporate taxes trusts as creditor proofing strategies so it , have now been lowered to a point where my be prudent to hold adamant portion _‘ more tax can be deb-red by leaving income of retirement assets in registered lPPs or indiecorporanonâ€"soitcmmakesenseto thranteedlrtcomeFurrdstGlFs). mbidnumteincomeinsidethecorpo- Addressingcompensationiasuesnowwill noonhrlnvestment improve your owing financial stability and Tothementthatyourequirecashona retirernentnesteg, regular basis, salary is still the preferred Your professional advisor an help make compensation choice until corporate the best choices for you. ,hcomeisreducedtotheSBDlimit Aptrredlvldend strategy 0 Taking compensation solely as divi- mm" is PM by MM Group p,,-. v dends means that you will not be able to mm Wren!» Guam Rm mama 01mm“? to investments he“ in 3" RRSI! mm commszsasszaeamzu orgolo will lose access to CPP disability benefits mummhnwmm o o â€" Gludmg Stars at local grocery stores Local Zehrs and Valu- symbols on store displays rates foods based on vita- mart locations now feature Foods are scored based mins. minerals, fibre, whole Guiding Stars, giving shop- on their nutrient density grains. omega-35, saturated pers a faster, easier way to and. if they meet the appro- fat, trans fat, added sodium make nutritious food choic- priate criteria, are given a and added sugar. it's used in : mat the grocery store. rating of one, two or three conjunction with existing ‘ Created by a scientific stars with three stars being store nutrional pmg’ams ' advisory panel of experts, thehifiestmting. For more information 0 n e yea r. Th ree C0 n tl n e n ts . Guiding Stars is a nutrition Using an impartial sys- about the Guiding Stars pro~ navigation program that tem and nutritional stan- gram, please visit your local 0 0 a ' provides at-a-glance nutriâ€" dards. including Canada's Zehrs and Valu~mart loca- A l etlnle O Opportunltles' tionalratingsusingstarsas Food Guide, theprogram tionorgotoguidingstamca Canada I UAE 1 India THE DAILY GRILL Restaurant ATTEND A SPECIAL INFORMATION sssstou orscussmc 615 D: venport Rd., Waterloo Sl9â€"W752 THE NEW ONE YEAR FULL-TIME INTERNATIONAL MBA. OPEN 7 DAYS AWE-It . Mon. - Sat. 7 a.m.~ 9 pm, Sun. 8 am. - 8 pm. ’ Wednesday, March 27 I 6:00 pm. B ' L . D Wilfrid Laurier University, 75 University Avenue West, Waterioo REAKFAST ”NC“ lNNER Schiegei Centre, Third Floor, Ernst 81 Young Boardroom “we taste the WW our bow MRS make! , r- M vii»: -»*“‘?~' 4 - Wt This event is registration only. To register and for more information visit ._~ », ’ ‘ ,3 4 7 _. 7 gmk . ' ' s: lauriermba.ca, or contact Holly Patton, hpatton@wlu,ca, 5198840710 x3499. i j; ~‘ 7 , a?“ _ " ' for}; t A a ’ G7 "y w _ $3; , j.“ . i "i“ ‘ " . . if " v t» ,, of Solo ”7 -- - 1 - ' Fish a ‘ A ‘z' LAURIER mamas“ “ "a 2 ' " “A; --~- w p w, - ' lauriermba ca lmplringUm/ ' g? "0 ., , in > ~ ‘31. ai,.-.?._,; 911.50 mm -2°°’°°=""w

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