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recieving income from company

Discussion in 'Starting your journey' started by grant7777, Oct 12, 2020.

  1. grant7777

    grant7777 Member

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    Hi I have a small basic company setup (am the director and sole employee/shareholder). To pay myself Im wondering if I can invoice the company as a sole trader (which means I personally pay the tax) rather than draw a salary (where the company pays the tax)...? Many Thanks Grant
  2. Paul - FS Concierge

    Paul - FS Concierge Administrator Staff Member

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    Hi and welcome to Flying Solo @grant7777

    Thank you for joining our community and posting.

    Getting this question wrong can have major tax and real money implications.

    For that reason, I recommending ONLY listening to an Accountant for advice.

    Cheers
    Paul
    LucasArthur likes this.

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