How to Pay Yourself as a Business Owner
Are you paying yourself correctly as a business owner? 💸 Let’s simplify the options:
1️⃣ Salary – a regular income with PAYE deductions
2️⃣ Dividends – profit distributions, not subject to PAYE
3️⃣ Owner’s Draw – money taken from profits (always in sole props)
It’s essential to choose the method that aligns with your business structure and cash flow.
Need help with payroll registrations or compliance? TGC offers full payroll services, including UIF, COIDA, and SARS registrations.
📊 Let’s work it out together:
