Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
GRIP (General Rate Income Pool) in Canada Explained
Understand the General Rate Income Pool (GRIP) in Canada: its purpose, calculation, impact on eligible dividends, and common mistakes. Includes a worked example for an Ontario contractor firm and practical tips for CPAs.
RDTOH: Refundable Dividend Tax on Hand Canada Guide
A comprehensive guide to refundable dividend tax on hand (RDTOH) in Canada. Understand calculation, eligible vs non-eligible dividends, and how Awditify helps track and automate RDTOH for your clients.
Small Business Deduction in Canada Explained (2025 Guide)
The small business deduction (SBD) helps eligible Canadian corporations reduce their tax rate on active business income. This guide covers who qualifies, how the calculation works, and common mistakes to avoid.