MNP's Professionals Newsletter
A Bright Future for Your Practice
How to pay yourself from your practice
When you run your own practice, figuring out how to pay yourself isn’t always simple. Should you take a salary? Opt for dividends? What about a Private Health Service Plan (PHSP)? In this month’s Business Insights Newsletter, we break down the options so you can make confident, informed decisions about your compensation — and your future.
Also in this edition:
- Looking beyond tax — planning for the use and ownership of the family vacation property
- The path to pharmacy ownership: What you need to know to set yourself up for success
- Elevate: A Webinar Series for Professionals
- Reminder: CRA tax instalments
The MNP Professionals team looks forward to continuing to provide you with industry-specific information to help you stay ahead of the game in this constantly evolving sector.
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About MNP
From marketing your practice to staying on top of regulatory developments, to protecting your business from fraud to thinking about succession strategies, it's clear that a successful professional business is about far more than just client care. We aim to help you achieve your personal and professional goals by offering a customized range of services at every stage of your practice. By understanding your needs, we can help you determine what success looks like to you today, five years from now, twenty years from now and when you retire.