Dividends, Payroll and T Slips

The right balance between salary, dividends, and peace of mind.

Balancing dividends and salary , the smarter way to grow

not just a formality. At Pantax Accounting, we help you decide the best mix of dividends, wages, and T slips, so you can minimize tax,

stay compliant with the CRA, and keep your finances running smoothly.

Our experienced CPAs review your income structure annually and ensure every detail, from payroll remittances to T4 and T5 slips, is filed accurately and on time. Whether you’re taking a salary, dividend, or both, we make sure your compensation strategy supports your business growth and personal financial goals.

Owner Compensation: Dividends vs Salary

Each business owner’s situation is unique. Choosing between dividends and salary can affect your tax efficiency, CPP contributions, and future benefits. At Pantax, we calculate both options and explain them in clear, simple terms, so you can make decisions confidently.

Dividends can reduce payroll costs and increase flexibility, while salaries create stronger retirement and benefit contributions. We help you find the right balance for your long-term tax planning and cash flow management.

Payroll Support: Monthly, Quarterly, or Annual

Running payroll shouldn’t take time away from running your business.
Pantax can take care of your entire payroll process, including CRA remittances, T4/T5 slips, and deductions. ensuring everything is filed correctly and on time.

Whether you prefer monthly, quarterly, or annual support, we’ll adjust to your needs. Our goal is to simplify payroll for you ,so you can focus on what matters most: growing your business.

Why Clients Trust Pantax

  • Every business has a different story — we take time to understand yours and design tax strategies that truly fit your goals.

  • From source deductions to year-end reporting, our team ensures every CRA submission is accurate and on time — so you can stay confident and compliant.

  • Whether you pay yourself through salary or dividends, we manage your T4s and T5s with precision, helping you balance tax efficiency and stability.

  • We use smart accounting tools that connect your bookkeeping, payroll, and reporting — giving you a clear picture of your business anytime, anywhere.