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How do you pay yourself when you own your own business 2024?
Questioner:Felix Wilson 2023-06-11 21:04:53
The most authoritative answer in 2024
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Ethan Hall——Studied at the University of Melbourne, Lives in Melbourne, Australia.
The more money you invest sensibly into your business, the more likely it is that your company will grow.Add yourself to the payroll and pay yourself regularly. ... Take out 'reasonable compensation' ... Consider the legal structure of your business. ... Be tax efficient: Five pointers. ... Don't forget deductions, expenses and benefits.More items...
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