How to Pay Yourself as a Sole Trader

how to pay yourself as a sole trader

How you pay yourself as a sole trader can have tax implications as well as cash flow implications for your business, depending on your timings. In this guide, I’ll show you create a way to pay yourself that is good for you and that will keep your business financially stable and avoid any unnecessary tax bills.

How to Pay Yourself as a Director from a Limited Company

salary or dividend

Understand the two most common ways Directors pay themselves from their Limited Company, using salary and dividend for the 2021/2022 tax year. As well as which is the optimum mix of salary and dividend that achieves the biggest tax saving for you and your LTD.

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