8 ways to pay less tax in Canada

[{"selector":"#anim-9ae7396e-f4f1-414f-80f9-c335ec94d676","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ed876593-9079-45d2-ae40-a1883eb1dc87","keyframes":{"transform":["translate3d(0px, -161.11114%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9967783f-41cf-48a8-b979-6ca5e9d681de","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a697e71d-b190-4fe9-ae43-9831b2d843fb","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f65a56b9-654f-4143-9a8a-586e0a73eecf [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] More

[{"selector":"#anim-a4c6087e-e6ac-4f45-ae68-1680128bdee4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(21.874999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ef954a84-0468-4bcf-84c5-fce080c7990a","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb9dda91-4d35-42b9-81d0-2dca5bbbd887","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-57cb524c-3c4c-449b-ad50-b7e27e34a16d","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-607ae0ad-c8fc-4719-9aca-2806a0c824a2","keyframes":{"transform":["translate3d(0px, -377.26091%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Running a business is a lot of work More

[{"selector":"#anim-8754fa63-0efe-4a90-92f7-9128d0473364 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6b2f9f00-2e6e-4fbf-8809-58915a9c45be","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d720fddf-fd6f-4743-abf2-2df488b62915","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-acbed44c-d39c-49ae-ad78-e85ab67e9d85","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2fc32bce-5076-4d9b-8cce-911ff9ba08d9","keyframes":{"transform":["translate3d(0px, -269.09721%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] And naturally, you want to keep as much of what you make as possible More

[{"selector":"#anim-b8c916a0-f1bb-482e-9cb7-a52b941b90b7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(35.62499988622572%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-925ba4f6-f8b1-4cda-a6c0-8fcfc69cfbac","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2d45536b-0a52-45a0-babe-5078d30d62a9","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ef40db7-136f-4a9d-ae7d-a2be9d865c72","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8d99ad93-cff8-4c9c-b8c2-699c48362739","keyframes":{"transform":["translate3d(0px, -377.26091%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] So here are some tax tips to help you do just that. More

[{"selector":"#anim-83e298a9-58dc-4061-8fb3-de87eea46c60 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6aa321b6-0c48-47e4-b921-5e97836bc09e","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b6b1c7c7-4e5e-4f8b-86fa-5a244815f352","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3787f969-f993-48e1-b0df-2093c2c272e1","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-936b8bb8-a1ea-495e-8e42-1694c462c493","keyframes":{"transform":["translate3d(0px, -751.11039%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 1. Hire a family member More

[{"selector":"#anim-d546340b-d2e4-40de-b57a-bd1c9a02d6b8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.248230684478816%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a0921eb0-ae07-4da2-bcf0-31b5ab989d2d","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-25e0768f-86bc-4fe2-87dd-7c7bd0aff35a","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f3467133-2c97-4a15-b023-64fc9aebf4c1","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cf1b7e41-2c87-4bc0-bca1-bde2160474e7","keyframes":{"transform":["translate3d(0px, -272.22216%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The benefits of hiring your spouse or child and paying them a salary are two-fold More

[{"selector":"#anim-3d7972ea-0d11-4608-97ae-938ea204f9aa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(41.92709473550706%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0641c31d-3598-462d-953c-95be46b514c7","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1506c29a-0248-4a6b-ad08-62aa0f150da2","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] For 2022 the first $14,398 of a family member’s employment income is tax free More

[{"selector":"#anim-785f4caf-5e52-4988-807c-6ba757e56892 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(36.458333219559066%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5d541d3b-b7e1-4862-a1fb-46cd722ebafb","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-09746dec-effb-44bb-9ed5-f3f52c5df01f","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] and their wages count as a tax deduction for your business More

[{"selector":"#anim-9ab98cb0-1f85-44dc-a4b9-edd9e25331e6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.172820948883164%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-55e93a8b-9036-4f5b-8560-8c20ec18b511","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d3f81131-47e9-4c50-b14b-98f58bc51822","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 2. Invest in RRSPs and TFSAs More

[{"selector":"#anim-60c30cbd-5fa8-4a0c-a84e-6d63f3cc6363 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(14.843749786673241%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-bacded43-8cb8-41b1-82c4-9f0bb9160997","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae93ca83-4cc6-456d-939e-a089473ccfc1","keyframes":{"transform":["translate3d(0px, -134.06084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] To learn more click below More