Скачать с ютуб How Corporate Taxes Work in Canada 🍁 | Learn the Benefits of Incorporating📈 в хорошем качестве

How Corporate Taxes Work in Canada 🍁 | Learn the Benefits of Incorporating📈

This is Part 2 of our two-part series on how Canadian taxes work. Joe explains the key tax concepts about running a business through a corporation in Canada. In the video, we answer the questions: ► How are corporations taxed? ► What are the tax benefits of incorporating your business? ► How to pay yourself from your corporation? ► What are the common pitfalls that we see with corporations? ► What are some disadvantages of corporations? PART 1 | PERSONAL TAXES Check out part one of our series on Canadian taxes here: ►    • How Taxes Work in Canada 🍁 -  Learn t...   ****************************** ✅ Sign up for our newsletter here: https://www.avalonaccounting.ca/weekl... ****************************** 🎥 CONTENTS OF THIS VIDEO 00:00 - Intro 01:03 - Introducing Pam 01:31 - Your Corporation Is a Separate Entity 01:48 - Limited Liability 02:14 - The Concept of Integration 02:41 - Tax Benefits of Incorporating 02:50 - Lower Tax Rates 03:34 - Lifetime Capital Gains Exemption 04:37 - How Income Is Taxed in Your Corporation 04:45 - Active Business Income 05:00 - Small Business Tax Rate and CCPCs 06:06 - Investment Income in a Corporation 06:53 - How to Pay Yourself From Your Corporation 08:13 - Disadvantages of Corporations 08:27 - Increased Administration and Compliance Costs 08:41 - Missed Personal Tax Credits 08:57 - Losses Can Be Difficult to Use 09:33 - Tax Pitfalls for Corporate Businesses 09:45 - Inadequate Tax Planning 10:12 - Passive Income Limits 10:29 - Corporate Assets for Personal Use 10:50 - Pam and Incorporation ****************************** 🔗 MENTIONED IN THIS VIDEO ► Lifetime Capital Gains https://www.avalonaccounting.ca/blog/... ► Investment Income Tax Rates https://www.avalonaccounting.ca/blog/... ► How To Pay Yourself From Your Corporation    • Salary vs Dividends - Take 15 Minutes...   ► Personal Use of a Corporate Vehicle    • Company Cars in Canada - How They Wor...   ****************************** 🅰️ AVALON ACCOUNTING Avalon is a virtual accounting firm located in Canada. We aim to be THE online accounting department for small businesses in Canada. We provide online bookkeeping, accounting services and expert financial advice for small businesses. We are on a mission to educate small business owners through our YouTube channel, blog and free resources. Check out our links below to dive in. ****************************** 🧑‍🏫 ONLINE COURSES ► Take your business to the next level with our online courses. https://www.avalonaccounting.ca/courses ✅ ESSENTIAL FINANCIAL CONCEPTS FOR SMALL BUSINESSES (🆓FREE COURSE) ► Keys to building a business that provides owners with time, money and purpose. https://www.avalonaccounting.ca/cours... 🖥️ LEARN MODERN BOOKKEEPING ► Learn to do your own bookkeeping with modern tools and our proven practices. https://www.avalonaccounting.ca/cours... 📈 BOOKKEEPING AND TAX FOR FREELANCERS ► This course teaches sole proprietors how to simplify bookkeeping and taxes. https://www.avalonaccounting.ca/cours... ****************************** ❓ FAQs ► What Can I Write-off? http://bit.ly/EXPENSESCAN ► Should I incorporate my business in Canada? http://bit.ly/INCORPCAN ► What is a shareholder loan? http://bit.ly/SHLOANCAN ► When and How Should I Hire an Employee? http://bit.ly/hirelikeapro ► Should I offer profit sharing? http://bit.ly/PROFITSHARECAN ****************************** 💳 FLOAT VISA - $500 CASH BACK Float Financial provides a company credit card built for modern businesses. Check out our review for details ► https://www.avalonaccounting.ca/blog/... Use our referral link to receive $500 cash back ► https://tinyurl.com/floatvisa We may receive compensation when our link is used to sign up for a Float Visa. ****************************** 💼 20% OFF INCORPORATION WITH OWNR If you are looking to incorporate (in Canada) and want to save some cash, check out Ownr with our affiliate link for 20% off incorporation costs: ► https://www.ownr.co/partners/avalon-a... We may receive compensation when our link is used to sign up with OWNR ****************************** 🧑🏻‍🏫 FREE BUSINESS GUIDES: ► Starting Your Business Guide: https://joecollins.typeform.com/to/bc... ► Business Owner’s Productivity Guide: https://joecollins.typeform.com/to/zJ... ► Financial Foundations Guide: https://joecollins.typeform.com/to/jF... ► $1 Million Dollar Service Based Business Guide: https://joecollins.typeform.com/to/e2...