How should I start using the Corporation Remuneration Planning Worksheet?

Jay Goodis -

Please ensure the following corporate details are correctly specified:

  • The corporate inputs
  • The opening carryforward balances (as applicable)
  • The salary details for applicable individuals
  • The corporate income for the fiscal year
  • The dividend details for applicable individuals

 

Please ensure the following personal details are correctly specified for each individual:

  • The province and tax year to determine the personal tax rates  
  • The existing income, deductions, and credits of the taxpayer 
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