Episode 69: How to get money from your business - all the different correct ways of paying yourself
November 21, 2022
You own the business so you can do whatever you like with the cash right?? Wrong! It all depends on the type of business structure you operate and your role within that business. In this episode Sarah and Trudi walk you through the different ways to pay yourself from your business depending on your particular business structure. They talk through options such as wages, loans, owner drawings, distributions and dividends. They also talk through the implications if you get it wrong. If you've had a recent change to your business structure or are not quite sure you are doing it right, then this episode is for you!
Podcast Transcript Available Here
Duration: 25:12
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Just two industry experts (and guests) having a friendly chat and sharing our knowledge. We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics.
This is a safe space to ask questions and hear useful info on financial matters.
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DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances.