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Owner pay planner

See what you can pay yourself after costs, a reserve and a set-aside.

CAD

Money in for the period, before costs, in Canadian dollars.

CAD

Costs for the same period, in Canadian dollars. Use 0 if there are none.

CAD

Cash you want to leave in the business, in Canadian dollars. Use 0 if there is none.

%

The percent of profit you set aside, as you type it. Use 0 if you set nothing aside.

Result

Owner pay planner

Owner pay

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Enter income, costs, a reserve and a set-aside percent.

Ballpark estimate, check before you buy or quote.

This is a simple estimate, not advice.

Estimate for planning only. This is not tax, legal, accounting or financial advice. Results depend on the figures you enter. Check all numbers, rates and rules with the official source or a qualified professional before relying on them.

How this works and common questions

About this tool

Owner pay is income minus costs, minus a reserve, minus a set-aside percent of the profit. This is a simple estimate, not advice. Nothing is stored.

How it works

Profit is income minus costs. When profit is above zero, the set-aside is that profit times the percent you type, rounded half away from zero to the cent. Owner pay is profit minus the set-aside minus the reserve.

Rules

This is a simple estimate, not advice. A loss does not get a set-aside. You type the percent. Nothing is stored.

Questions

What can I pay myself?

Income minus costs, minus the reserve, minus the set-aside. On $10,000 income, $6,000 costs, a 25% set-aside and a $1,000 reserve, owner pay is $2,000.00.

When is the set-aside zero?

When profit is zero or below, or when you type 0%. The set-aside is not taken on a loss.

How is the percent rounded?

Half away from zero to the cent. $10.00 at 33.33% is $3.33 set aside, because the leftover fraction is under half a cent.

Do I need an account?

No. The tools work without one. You only need to sign in to save your work.

Is what I type saved?

No. Nothing is saved unless you sign in and choose Save. Otherwise it stays on the page.

Do you show ads or sell my information?

No. We show no ads and we do not sell your information.

Is this tax or legal advice?

No. Results are estimates for planning. Check rates and rules with the official source or a qualified professional.

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Estimate for planning only. This is not tax, legal, accounting or financial advice. Results depend on the figures you enter. Check all numbers, rates and rules with the official source or a qualified professional before relying on them.