by Ricardo Ardiles | Pharmacy Owners
Are you a pharmacy owner and want to save $425,449 in tax? Today, we will discuss 3 common needs of pharmacy owners and how one solution can satisfy these needs simultaneously. Here is how you will benefit: Get $997,909 more to fund your pharmacy Receive $275,620...
by Ricardo Ardiles | Pharmacy Owners
If you’re a pharmacy owner and over 40, you should stop contributing to RRSPs. There are far better and faster ways to save for retirement than an RRSP. Do you want to pay less tax every year? Do you want up to 65% more of a retirement nest egg compared to a...
by Ricardo Ardiles | Pharmacy Owners
2018 was a tough year with 25-40% reductions in generic prices, affecting all pharmacies in Ontario. I speak with pharmacy owners everyday and this is what most are doing… …NOTHING! Some are looking at overhead expenses to see where they can trim some fat...
by Ricardo Ardiles | Pharmacy Owners, Reliefs, Staff Pharmacists
The start of every year brings new tax changes that the Canadian government implements. These tax changes affect how much money you’ll receive every payday in 2019. As a result, you’ll likely be scratching your head when you see that your net pay is a...
by Ricardo Ardiles | Staff Pharmacists, Pharmacy Owners, Reliefs |
It’s that time of year again, the holiday season! Now is the time where most people reflect on the year they’ve had, what they could have done better, and set goals for an even more successful 2019. How about saving money on taxes? Many list “saving...
by Ricardo Ardiles | Reliefs, Pharmacy Owners
Routine medical expenses happen every single year: Cleanings at the dentist Vision (contacts or new glasses) Prescription drugs Massages Chiropractic sessions Physiotherapy The list goes on… On average, our clients spend about $1,000-$3,000 per year on medical...