1. Business

Why Get RRSP For Your Small Business In Canada?

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foreDo you think that planning for retirement and savings isn’t a crucial business move?  If you are a small business owner in Canada, introducing retirement savings for you and your employees can have far-fetched benefits. One such example is RRSPs. Registered Retirement Savings Plans (RRSPs) are savings plans that can benefit both employers and employees. Registered business owners will find it helpful because it increases tax savings and retirement planning. Besides, it also acts as a powerful tool for talent attraction and retention.  Given that it is tax planning and budget estimation season, RRSPs become an integral part of the whole planning process. This is why we decided to bring a new perspective: How can RRSP save a BUSINESS OWNER’s money in Canada?  Before you read further: Make sure to book your free consultation with CJCPA to assess how RRSP can help lower your taxable income. 

for more-https://cjcpa.ca/blog/why-get-rrsp-for-your-small-business-in-canada/