Tax Planning Strategies to Reduce Your Tax Burden and Build Wealth Faster

You work hard for your money, and The St-Georges Group helps you keep more of it in your pocket. Our team of strategic wealth advisors provides advice on reducing your tax burden through tax-deferred, tax-efficient, and tax-exempt options. Save more and reach your goals sooner with effective tax-efficient strategies and portfolio construction advice from The St-Georges Group.

What is Tax Planning?

The purpose of tax planning is to help you become more tax-efficient by reducing or deferring personal or corporate taxes owed. Tax planning and reducing your tax burden is a fundamental wealth management practice that enables you to invest funds into your retirement savings, protect your family, invest in your business, and reach your goals instead of paying more taxes to various levels of government.

Book a complimentary initial consultation with us.

Strategies

Make Use of
Tax-Efficient Strategies

Reducing how much you pay in taxes is an important part of making your hard-earned income work more optimally for you. Our team of experts offers advice on tax-efficient strategies and portfolio construction that serve you and your family’s best interests. We take time to review your assets, listen to your goals, and prepare a plan that is customized to you and your business.

Splitting

Consider Income
Splitting

Income splitting allows you to divide taxes by spreading income among other taxpayers. This tax reduction strategy can lower your tax bracket and save you a significant amount of money that would otherwise be paid in income tax. Spousal Registered Retirement Savings Plans, Registered Education Savings Plans (RESPs), and Family Trusts are just some of the ways our team at The St-Georges Group can help you become more tax efficient.

Retirement

Save for Retirement

Understanding retirement savings plan options and the government benefits you will be eligible for is critical to maximizing your retirement savings and reducing your tax burden. Registered Retirement Savings Plans (RRSPs), Tax Free Savings Accounts (TFSA), Individual Pension Plans (IPP), and Pooled Registered Retirement Pension Plans (PRPPs) are popular options that each come with their own benefits. Our team will evaluate your current financial situation and your future goals to determine which type of plan is best for you.

light-house-tax-planning
Strategies

Make Use of
Tax-Efficient Strategies

Reducing how much you pay in taxes is an important part of making your hard-earned income work more optimally for you. Our team of experts offers advice on tax-efficient strategies and portfolio construction that serve you and your family’s best interests. We take time to review your assets, listen to your goals, and prepare a plan that is customized to you and your business.

Splitting

Consider Income
Splitting

Income splitting allows you to divide taxes by spreading income among other taxpayers. This tax reduction strategy can lower your tax bracket and save you a significant amount of money that would otherwise be paid in income tax. Spousal Registered Retirement Savings Plans, Registered Education Savings Plans (RESPs), and Family Trusts are just some of the ways our team at The St-Georges Group can help you become more tax efficient.

Retirement

Save for Retirement

Understanding retirement savings plan options and the government benefits you will be eligible for is critical to maximizing your retirement savings and reducing your tax burden. Registered Retirement Savings Plans (RRSPs), Tax Free Savings Accounts (TFSA), Individual Pension Plans (IPP), and Pooled Registered Retirement Pension Plans (PRPPs) are popular options that each come with their own benefits. Our team will evaluate your current financial situation and your future goals to determine which type of plan is best for you.

River Image

Overview of Our Proposed Tax Strategies

  • Capital gains income planning

  • Corporate structure

  • Tax strategy review

  • Annual tax review

  • Charitable donation planning

  • Income splitting

  • Trust planning

  • Annual tax preparation review

  • Annual trust income allocation

  • Maximize interest deductibility

  • Registered disability savings plan

  • Registered education savings plan

  • Registered retirement income fund

  • Registered retirement savings plan

  • Salary and dividend planning

  • Tax efficiency of portfolio

  • Tax efficient withdrawal

  • Tax free pensionable earnings

  • Tax free savings account

  • Tax summary

Request a Consultation
Today to Reduce Your
Tax Burden

Tax savings is one of the most effective wealth management strategies. At The St-Georges Group, we are ready to discuss
tax-efficient strategies that optimize your business, protect your assets, and maximize your returns!

Request a Consultation Today to Reduce Your Tax Burden

Tax savings is one of the most effective wealth management strategies. At The St-Georges Group, we are ready to discuss tax-efficient strategies that optimize your business, protect your assets, and maximize your returns!

Frequently Asked Questions

Because it’s not just about how much your investments grow; it’s about how much of that growth you actually get to keep. Taxes are often the single largest lifetime expense for high-net-worth Canadian families. If an advisor looks at your portfolio without evaluating the tax drag, you are quietly losing wealth. We integrate proactive tax structuring directly into your investment strategy to maximize your net return.

Yes. Proper retirement tax planning can help reduce taxes by coordinating withdrawals from registered and non-registered accounts, pension income splitting, tax credits, and other income management strategies.

Think of your accountant as a historian and our wealth team as architects. Your accountant does an incredible job looking backward to file your annual corporate and personal returns. We look forward to designing the long-term investment structures, insurance models, and multi-year withdrawal strategies that dictate how much tax you’ll have to file in the first place. We don’t replace your accountant; we collaborate with them to make their job easier.

Incorporated healthcare professionals face a heavily scrutinized tax landscape. This includes passive income limits inside a corporation and strict TOSI rules. We design tailored corporate extraction plans, helping you move money out of your medical or dental corporation and into your personal hands using the most tax-efficient pathways possible.

Holding passive investments inside a private corporation can trigger aggressively high tax rates, which can also claw back your small business deduction. We implement specialized corporate structures such as corporate-owned life insurance or individual pension plans to shield your surplus corporate cash from heavy taxation and keep more capital compounding inside your business.

Absolutely. Strategic philanthropy is one of the most powerful and underutilized tax tools available. By donating appreciated publicly traded securities instead of cash, or by orchestrating corporate charitable donations, you can eliminate capital gains taxes, support a cause close to your heart, and secure substantial tax credits for your bottom line.

Yes. With good planning, you can reduce taxes on investment income using strategies like capital gains planning, tax-loss harvesting, dividend-focused investing, and making full use of tax-advantaged accounts like RRSPs, TFSAs, and RESPs.

Meet With Us

Sit down and have a coffee with one of our strategic wealth advisors for a confidential
consultation about your wealth management needs.

St-George - Meet With Us - EN

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