Questions? Call 416-367-4222

Reasonable salaries to your spouse and children

 

If you run a business, your spouse and children can be paid reasonable salaries which become a business expense that is deductible for Canadian income tax purposes.

Disclaimer:

"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

Get your CRA tax issue solved


Address: Rotfleisch & Samulovitch P.C.
2822 Danforth Avenue Toronto, Ontario M4C 1M1

Reasonable Salaries to Spouse or Children
Man and woman side by side in suits in a corporate office recording taxes together on a conference table
Can You Claim Business Expenses Without Supporting Documents: Guidance From a Canadian Tax Lawyer
iphone on top of pink paper with calendar and tax plan
Tax Pipeline Planning: A Canadian Tax Lawyers Guide
Image of business man in suit doing taxes at his desk with a laptop and calculator
The Queen v Paletta – Guidance from a Canadian Tax Lawyer regarding the legal test for business income
Canadian Tax Lawyer Analysis: Deducting Business Expenses Without Receipts
Importance of Contracts & Written Agreements in Tax Reporting
Importance of Contracts & Written Agreements in Tax Reporting
Legal Fees Deduction to Fight Tax Reassessments
Legal Fees Deduction to Fight Tax Reassessments
Marginal Tax Rates Explained by Toronto Tax Lawyer
Marginal Tax Rates Explained by Toronto Tax Lawyer
Rental Expenses for Residential Rentals: Canadian Tax Lawyer Guide
Rental Expenses for Residential Rentals: Canadian Tax Lawyer Guide