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Who we help · Security guard companies · Tax planning

Security company tax planning when the spread per hour is the margin.

When gross margin is the gap between a bill rate and a pay rate, there is no fat product markup to hide behind, and tax becomes one of the few levers that does not require winning another contract. How the owner gets paid, who owns the patrol fleet and what happens in the last month of the fiscal year are decisions worth real money. We price them before year-end, while they can still be made.

Security guard at a building lobby desk

Owner pay sits on top of a payroll you already run

Adding the owner to an existing guard payroll is administratively trivial, which tempts people to default to salary without doing the arithmetic. Salary creates RRSP room and CPP entitlement, but in this industry it also stacks onto an Ontario payroll that may already be past the Employer Health Tax exemption, so each owner dollar can carry EHT at up to 1.95 percent on top of CPP. Dividends skip both, build no RRSP room, and shift the tax to the personal return at different rates.

The right mix is not a rule of thumb; it is a calculation off your actual payroll position, the corporation's income against the $500,000 small business limit and what you need personally. We run it every year through Tax Planning & Advisory, and the T2 then simply records what was decided.

Family in the business, with the schedule as evidence

Dispatch, scheduling, invoicing and licence tracking are real jobs, and guard companies often fill them with family. Dividends to a family member fall under TOSI, the tax on split income, at top rates unless an exclusion applies, and the practical one is the excluded-business test: actively engaged on a regular basis, with an average of 20 hours a week as the bright line. The useful twist here is that your scheduling platform already logs who worked and when, so the evidence CRA would ask for is a report you can print. Reasonable wages for real work stand on their own; dividends need the hours behind them.

The patrol fleet: buy, lease or pay per kilometre

Mobile patrol is a vehicle business on the side, and each acquisition route has different tax mechanics. A corporate purchase goes into Class 10 at 30 percent declining balance, with an HST input tax credit and operating costs deducted as incurred, but a passenger vehicle above CRA's cost ceiling lands in Class 10.1, where the deduction is capped and no terminal loss is allowed on disposal. A patrol unit that rotates among guards and stays in service is one thing; the owner's SUV that goes home every night invites a standby charge as a taxable benefit.

RouteHow the deduction worksWhat to watch
Corporation buysClass 10 CCA at 30 percent, ITC on purchase, operating costs deductedCost ceiling pushes it to Class 10.1; personal use triggers a standby charge
Corporation leasesLease payments deducted within CRA's limitsDeduction caps on higher-end vehicles; buyout decisions at term
Own car, per-km allowanceCompany deducts a reasonable per-kilometre allowance, tax-free to the driverA logbook is the whole defence; flat car allowances are taxable

Timing levers the calendar hands you

A corporation chooses its fiscal year-end, and a guard company can point it away from contract-renewal season so planning happens when someone has time to think. A bonus accrued at year-end is deductible in that year provided it is paid within 180 days, which lets profit land where the rate is lowest without cash leaving early. Fleet additions only earn CCA once available for use, so a January delivery deducts a year later than a December one. And cash stockpiled for contract-onboarding gaps should be held deliberately: once passive investment income passes $50,000, it starts grinding the small business limit, so working capital and investment portfolio need to be two different decisions.

Planning as a rhythm, not a rescue

We review guard-company files before year-end, price the options in writing and leave a short list of decisions with deadlines attached. If a choice is bigger than tax, structured like our decisions work, we model it. Everything is quoted in writing after a free 15-minute discovery call, so the fee is known before the work starts.

Common questions

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Salary or dividends when the company already runs a big payroll?

Salary is easy to administer through your existing pay run and builds RRSP room, but it can attract EHT on top of CPP once the exemption is used up by guard wages. Dividends avoid both and build nothing. We run the actual numbers each year rather than applying a rule of thumb.

Should the corporation own our patrol vehicles?

Usually yes when the units stay in service and business use dominates: Class 10 CCA, input tax credits and deductible operating costs. The exceptions are vehicles above the cost ceiling, which fall into Class 10.1, and any unit that doubles as a personal vehicle, which invites a standby charge.

Can I pay dividends to my spouse who runs our scheduling?

Only comfortably if an exclusion from TOSI applies, and the practical one is an average of 20 hours a week of real engagement. Your scheduling platform is the evidence log. Reasonable wages for the work are the simpler answer where the hours are lighter.

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