How to pay yourself from a corporation

Optimizing combined corporate + personal taxes depends sensitively on draws, income and dividend-salary mix.  As with all convex mathematical functions, there is only one minimal value that describes the combined taxes in terms of  its variables.  Our job is to find the global minimum of this function, that is, we find the point such that f(x0) < f(x) for all in the domain of the function.  Wages decrease corporate taxable income until a specific point that the personal tax obligations outweigh the corporate tax savings. This is an extension of Christian’s Master’s degree thesis in which he developed mathematical optimization algorithms to precisely correct volumes and rates of administration for intravenous medications.  Typical accounting is no match for our assembler-level optimization, optimized data loading and use of the THUT algorithm for computing convolutions.  The most important systems in life are convex in nature, and not linear.  Pity that accounting degrees in Canada don’t cover math advanced leaving accountants with no understanding of nonlinear equations and mathematical optimization algorithms.

Integrated approach. The private owner of TLL Properties Inc. paid $16,000 in taxes net of Canada Child Benefits on a $260,000 income, or a proven tax rate of 6%.   This integrated one-stop-shop solution allowed the tax rates to be exploited to the best possible effect, and meant that more of the earnings could be retained while adhering strictly with Canadian laws and regulations.  Even Canada’s “leading” firms still mindlessly give out dividends: $100K of dividends (T5) means 26.6% combined corporate + personal taxes. Double taxation occurs due to the decrease in the dividend tax credit.  The top 20% of households in Alberta could save up to $60K in taxes per year.

$1.5 billion. In 2016, THUT announced over $1.5 billion of accounting transactions, with customer annual revenues ranging from $200 thousand to $20 million.  THUT provides complete accounting for Edmonton businesses across a wide variety of industries and leverages extensive experience to deliver the best solutions to our customers.

Success factor: broad expertise. The strategy was to enter Canada at the high end of the market: Alberta’s oil and gas sector, where customers were prepared to pay a premium, and  THUT used that money to develop affordable accounting solutions for other businesses.  In turn, that money was used to develop even more affordable services – driving down the market to higher unit volumes and lower prices with each successive category: Venture, Boutique, Micro-businesses and Holding Companies.  Take advantage that Alberta’s oil and gas enterprises spent millions of dollars to pay for the development to let you outsource your accounting at an affordable rate.  We know you are on a busy schedule.  That’s why our specialists are busy for you. We have 4 packages to choose from.

Saving on tax is legitimate. Our aim is to develop strategies with you that plan for your tax burden and reduce it optimally by exploiting permissible organizational possibilities. Sound tax management brings about results that have a positive effect on today’s balance sheet and thereby increases the value of your company.

“In our profession, precision and perfection are not a dispensable luxury, but a simple necessity.” Niklaus Wirth, Swiss analyst.

THUT Code of Conduct. How we treat our customers and one another.

THUT is committed to further extending its market position.  The basis for this is an outstanding reputation.  Clear virtues and principles determine our daily thoughts and actions.

High performance is the value that represents THUT.

Striving for the highest quality, uncompromising customer service, and continuous further development create the common foundation on which we act when working together.

Our credibility is based on the code.  It sustainably shapes our good name with the public, and therefore also our financial success.

Product Improvement

THUT commits itself to the best quality in its products and thus creates long-term added value for customers.

Customer service

  1. We listen to our customer, and give them clear and understandable answers in a friendly manner.
  2. We concentrate on finding solutions for the challenges of our customer.
  3. We support our customer reliably and carry out what we have promised.
  4. We always answer customer questions promptly and simply.

Continuity and maintenance

  1. We efficiently produce error-free work with mechanical precision
  2. We touch things only once: paper, email etc.
  3. We are clear, accurate, and thorough  (high level of detail)
  4. We address every single source document provided by the customer
  5. We do not multi-task or switch between tasks
  6. We are extremely focused and perform our work with interest and commitment
  7. We work in an orderly/systematic manner
  8. We adhere to all relevant laws and regulations, internal directives and rules
  9. We work independently on routine tasks
  10. We are trustworthy, reliable and responsible
  11. We handle with care the information which our customers entrust to us

Quality and performance (for computing tasks)

We concentrate in uninterrupted 90 minute blocks

We only check email twice per day to reduce cognitive residue

Investment in society

THUT policy is directed towards long-term prosperity and ensuring value-adding jobs.  By steadily increasing its profitability, THUT improves stability of employment.

Swiss quality – available in Canada

Edmonton (Headquarters)

SwissBooks

205-12906 54 Street,

Edmonton, Alberta

Canada T5A 5A8

Phone (780) 761-1688

Email accountants@christianthut.com

Our hours are weekdays 8am to 4pm MTZ

We are located off Yellowhead Trail and 50th Street as a mid-point of accessibility to Canada’s largest hydrocarbon processing region and Alberta’s industrial heartland.

We speak English, German, Cantonese, Mandarin, Arabic and Vietnamese.

How to reach us

By car: From Yellowhead Hwy or Manning Drive take the 50th street exit.

By public transport: Approx. 5 minutes from Belvedere Station.

 

 

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