Running your own business comes with freedom—but figuring out how to pay yourself can be confusing. Should it be a wage? Drawings? Dividends? In this practical session, Lawpath’s Pradi Hamid will break down your options and explain the most tax-effective and compliant ways to pay yourself as a sole trader, company director, or trust beneficiary.
This is Part 1 of a 2-part series designed to help you understand how to draw income from your business legally and efficiently. Part 2, happening next week (13th August), will focus on Director Loans and Division 7A, and how to stay compliant when accessing company funds.
Understand your obligations when drawing income from your business.
Learn how to avoid surprises and optimise your take-home pay.
Set yourself up for a smooth and consistent income stream.
Ask Pradi your business-specific questions live.
Solutions
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