by Sole Proprietor
(Canada)
Owner's Draw vs. Employee Wages
I run a sole proprietorship. I employee my husband.
Does it save me money to pay myself or my husband? Since it goes to the same bank account it doesn't matter to us who gets the money.
In terms of the cost of payroll remittance, if I pay him or the cost of the tax I have to pay on the money I pay myself, which is the cost saver? Thank you!
Use the search feature to quickly find the
information you're looking for.
Click on image above to read the chat.
Join Me On Facebook
Help support this site by "liking" me! Here's where I post current information.
Listed Under Websites NOT Local Business.
This website is NOT associated with the business operating in Bonnyville AB.