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How to Pay Yourself as a Sole Proprietor (Canada)

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Paperless Books

How to Pay Yourself as a Sole Proprietor. This video will explain how to save on taxes and pay yourself as a sole proprietor.
In this video we’ll walk you through:
What it means to pay yourself as a sole proprietor
How to pay yourself from profits
How much tax to save from profits to pay taxes
How to use the payroll calculator to find out how much to pay yourself

For payroll and bookkeeping services book a FREE call with us at:
https://www.paperlessbooks.ca

TIMESTAMPS
0:18 How to Pay yourself as a Sole Proprietor in Canada
1:02 Common Mistakes When Paying Yourself
1:44 Strategies to Pay Yourself
2:10 Using CRA Payroll Calculator to Pay Yourself

ABOUT OUR CHANNEL
We online bookkeepers who serve Canadian freelancers and small businesses with our online bookkeeping service. We are driven by the latest technology in business and accounting to help you deal with your most tidous business tasks, all the while, making sure your books are balanced.

We provide solutions to help freelancers and small business owners manage and keep tabs on your business activities. The best part – all this is done online on your computer or smartphone!
These videos will help you understand the few things we are absolutely great at!

Check out our channel here:
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