Taxes and money

Understand the accounts behind the business

Use these explanations and calculators to orient yourself around records, sales-tax registration, owner compensation and common tax classifications. Confirm material decisions with a qualified tax professional.

Check sales-tax registrationCompare salary and dividends

Build the financial foundation

RecordsUnderstand bookkeepingLearn what bookkeeping records, why accuracy matters and how it supports tax and cash-flow work.Explore →

Sales taxNavigate GST/HST and provincial systemsStart with the Canadian sales-tax landscape before assessing a particular registration obligation.Explore →

Owner compensationSalary or dividends?Understand how salary, dividends and bonuses differ for an incorporated owner-manager.Explore →

ClassificationPersonal services businessesLearn why incorporated contractors can face special tax treatment and what factors matter.Explore →

Use a calculator to frame the question

Calculators are planning aids, not tax advice. Use their methodology and source notes to understand assumptions before relying on an output.

Business calculators

Know when the answer is business-specific

Registration thresholds, input-tax credits, compensation planning and contractor classification depend on facts that a general guide cannot fully evaluate. Use these pages to prepare better questions and gather the right records, then seek professional advice for a material filing or tax decision.