How you take money out of your business dramatically affects how much tax you pay. Enter your business income below and we'll show you 5 different scenarios — so you can see which strategy saves the most.
If you're self-employed or own a small corporation, the structure of how you take income can change your tax bill by thousands of dollars. A sole proprietor paying tax on $150,000 of business income will pay significantly more than someone who incorporates and uses a salary+dividend mix. This calculator shows you the difference.
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