Did you know… RRSP gives you tax deferral which is great but once you make a contribution to your RRSP, you no longer have the money available to reinvest to your business.
If you incorporate, you do have to pay a portion for taxes but you also have over 80% of your money available for reinvestment
.
Do you have any questions about RRSP or incorporation?
Contact us for advice! And it’s free!
