New video! Salary vs. Dividends: Avoiding CPP Might Not Be as Efficient as You Think

Caitlin Butler sits down with Aravind Sithamparapillai, an associate from Ironwood Wealth Management, in this 25-min video clip to explore why CPP isn’t just another tax, but a strategic tool that might cost far less—and offer more value—than you think.

 In this insightful discussion, Aravind unpacks:

• Why CPP contributions may actually cost much less than $8,860 (2025).

• Hidden inefficiencies that could penalize dividends.

• How strategic CPP contributions can yield competitive after-tax returns—even surpassing traditional investments.

• When dividends might be the better choice.

This clip will challenge some conventional assumptions and provide actionable insights to refine your financial and tax planning.

Recorded January 10, 2025

This video is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2025. All Rights Reserved.

Watch! Life in the Tax Lane - February 2025

This 10-minute video for Canadian Tax Professionals includes a rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Topics:

• Uncertain and Unlegislated Proposals – Source 1, Source 2, Source 3 and Source 4

• Select 2024 and 2025 Developments 

• Late Objections 

• Automatic Tax Filing?

• Donation by Spouse Prior to Marriage

• Losses From Personal Scams

NOTE: This episode was recorded prior to the capital gains inclusion rate change deferral. For information on that change, see:

• Finance release

• CRA release

Program Recorded: January 28, 2025.

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🎧 You can also catch “Life in the Tax Lane” on your favourite podcast platform. Find it on Spotify, Apple Podcasts, Amazon Music and many other podcast services!

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2025, All Rights Reserved.

Watch! Life in the Tax Lane - January 2025

This 10-minute video for Canadian Tax Professionals includes a rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Topics:

• GST/HST Temporary Holiday – Source 1 and Source 2

• 2024 Fall Economic Statement – Select Issues 

• T-slip Update – Source 1, Source 2 and Source 3  

• CEWS Reviews – Source 1 and Source 2

• Underused Housing Tax – Select Issues – Source 1, Source 2, Source 3 and Source 4 

Program Recorded: December 19, 2024.

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🎧 You can also catch “Life in the Tax Lane” on your favourite podcast platform. Find it on Spotify, Apple Podcasts, Amazon Music and many other podcast services!

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024, All Rights Reserved.

Watch! Life in the Tax Lane - December 2024

This 10-minute video for Canadian Tax Professionals includes a rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Topics:

• GST/HST Relief on "Grocery and Holiday" Essentials 

• Working Canadians Rebate

• Capital Gains Inclusion Rate Increase – Taxpayer Relief

• CRA Online Services – Transfer of Individual Payments Online

• My Business Account – Electronic Communication

Program Recorded: November 27, 2024.

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Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024, All Rights Reserved.

Watch! Life in the Tax Lane - November 2024

This 10-minute video for Canadian Tax Professionals includes a rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Topics:

• Canada Carbon Rebate – Payments – Source 1, Source 2 and Source 3

• Capital Gains Changes – Impact of Delays

• CRA’s Digital Improvements

• Tax Tip – Crypto-Assets – Required Records – Source 1 and Source 2 

• CRA Service Consultation

• Secondary Suites – Various Implications – Source 1 and Source 2

Program Recorded: October 25, 2024.

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Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024, All Rights Reserved.