As an incorporated professional in Ontario, how you pay yourself changes your tax bill, your RRSP room, your CPP, and what stays in the company. This tool solves three strategies — all salary, all dividends, and the tax-minimizing blend — to deliver the exact same take-home cash, then shows the total tax, registered room, and CPP cost of each so the trade-off is on the table.
This tool is for illustration purposes only and does not constitute financial or tax advice. It models a single Ontario CCPC with the full Small Business Deduction for the 2026 tax year, applies simplified credits, and ignores income splitting, TOSI, AMT, and the Employer Health Tax. Actual results will vary based on tax rules, your full income picture, and individual circumstances. Consult a qualified professional before making decisions.