Kingston businesses, served remotely
Accountant for Kingston businesses
Kingston accountant for physicians, dentists and clinics: professional corporations, family shareholders and the tax on split income.
Prepared by HBT Accounting, a CPA led firm in CalgaryUpdated 5.0 on Google, 59 reviews
Clinics and practices lead the count
Kingston had 132,485 people in 2021, up 7% in five years, and 4,457 businesses with employees in Statistics Canada's latest count. Health care and social assistance was the largest sector by a clear margin, with 824, ahead of retail (632) and construction (457).
Many of the physicians and dentists in that count practise through professional corporations, and Ontario allows them family shareholders: a spouse, child or parent may hold shares without voting rights, and shares for minor children can be held in trust. That makes family dividends possible, but since 2018 the federal tax on split income has taxed them at the top personal rate unless an exclusion applies, so the structure has to be planned with both sets of rules in view. HBT works from Calgary and handles Kingston files remotely.
Kingston in numbers
| Population, 2021 Census | 132,485 |
|---|---|
| Change since the 2016 Census | Up 7% |
| Size among Canadian municipalities | 45th |
| People per square kilometre | 293.4 |
| Businesses with employees | 4,457 |
| Largest sectors by employer businesses | Health care and social assistance (824); Retail trade (632); Construction (457) |
Source: Statistics Canada: Population and dwelling counts, census subdivisions, 2021 Census and Statistics Canada: Canadian Business Counts, with employees, June 2026.
What a Kingston engagement covers
Professional corporations
Setting one up, and owner pay planned against the year's results.
Family shareholders
What Ontario allows, and what the tax on split income takes back.
Clinic payroll
Source deductions, the Employer Health Tax where it applies, and T4 slips.
Can a Kingston doctor pay dividends to family members?
Ontario lets a physician's or dentist's spouse, children and parents hold shares in the professional corporation, so dividends can be paid to them. Since 2018, though, the tax on split income generally taxes those dividends at the top personal rate unless an exclusion applies, such as a family member who works in the practice an average of at least 20 hours a week, or a spouse once the professional has turned 65.
Starting prices are published on the fees page. Final fees depend on scope, and we quote a fixed fee once the work is clear. See starting fees. The first conversation is free and takes about 10 to 15 minutes.