Paying Yourself

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.

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.