How much tax does incorporating save a veterinarian
How much tax does incorporating save a veterinarian Key takeaways A veterinary corporation pays about 11 percent on the first $500,000 of active income, compared to a top personal rate above 50 percent. Income above $500,000 in a corporation is taxed at about 27...
Is chiropractic GST exempt and what it means for your practice
Is chiropractic GST exempt and what it means for your practice Key takeaways Chiropractic services provided to a patient are exempt from GST and HST under the health-care rules. Because the services are exempt, you generally cannot claim input tax credits to recover...
Who can own a pharmacy in BC
Who can own a pharmacy in BC Key takeaways More than 50 percent of the owning corporation’s directors must be pharmacists registered in BC. This is a director rule, not a share-ownership rule. The directors control the governance, regardless of who holds the...