Home – New Forums Money matters Director’s fees or wages?

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  • #972464
    Hawk4750
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    Hi there,

    For a working director, are there any differences between a company paying director’s fees or providing wages/salary to the director as an employee? Are there any advantages or disadvantages between them?

    Cheers,

    Steve

    #1056281
    Mr Accountant
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    Hi Steve,

    Not Really, Directors Fees and Wages are the same. Both you should Withhold Tax and Pay Super On.

    There are some tax planning moves you can incorporate with directors fees but that is another story.

    Regards

    Mike
    Australian Accounting & Tax Services
    http://www.aats.net.au

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