Neutral Salary and Dividend Scenario Worksheet

This worksheet intentionally does not calculate personal dividend tax or recommend salary versus dividends. A valid Canadian comparison requires eligible or non-eligible dividend gross-up and credits, shareholder facts, integration, refundable tax, RRSP room, CPP value, payroll administration and timing. Salary is capped at the amount supportable by entered corporate income after selected employer payroll contributions; dividends are capped at after-tax corporate cash.