For sole business owners, do you pay yourself a salary? Any tips or tricks for reducing corporate tax through dividends or other methods? - Seedly
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Anonymous

Asked 6d ago

For sole business owners, do you pay yourself a salary? Any tips or tricks for reducing corporate tax through dividends or other methods?

I've just incorporated a company, annual profit 150k.

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    Han Jinyuan Larry, Pool Supervisor at Certis

    Han Jinyuan Larry, Pool Supervisor at Certis

    Level 5. Genius

    Answered 3d ago

    Paying yourself a salary is recorded as expenses.

    Revenue - Expenses.

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    Thank You!
    Can you clarify
    I wonder if
    This is so helpful 👍
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