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Under the Income Tax Act (Canada), an Employee Profit Sharing Plan allows participating employees, usually corporate executives, to receive income from the corporation without either the employee or the company being subject to payroll levies such as Canada Pension Plan contributions and Employment Insurance contributions. Ideal for self-employed corporate owners and for older corporate executives, an Employee Profit Sharing Plan EPSP allows participating employees to take advantage of this ability for up to seven years without losing benefits because of the 15% drop-out rule. This can translate into accumulated savings of $25,640 for an employer-participant. For more information, email us or contact us at 1-866-927-0111 |
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What about my entitlement to Employment Insurance? Read more |
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Employee
Profit Sharing Plan EPSP
EPSP
FAQ's 
What is an Employee Profit Sharing Plan? |
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