How to Draw Money from Your Business and Minimise Tax

In-house course

2.50 Hours
Attendance at this seminar will secure 0 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, SAIT, SAIPA , ACCA, IACSA & IRBA).
TRISTAN DAVID-CREWE WHITE   tristan@probetatraining.co.za

As a business owner it is always a tricky proposition determining how to extract the profits from your business without having to incur exorbitant amounts of tax.

This webinar explores the different ways to pay yourself from a business’ income and what the resulting tax implications are of each, in order to help you limit your tax consequences

A practical discussion on paying yourself from your business income will consider the followings options and tax implications:

  • Interest-free loan accounts 
  • Paying yourself a salary 
  • Declaring dividends 
  • Repayment of ordinary share capital 
  • Paying for private expenditure / capital assets from business money 
  • Sole proprietor versus a company

Business owners who want to understand the different tax implications when paying themselves from the business’ income, to help better plan / limit their tax implications .

  • Financial managers 
  • ​Auditors
  • ​Bookkeepers
  • ​Financial accountants 
  • ​Audit partners 
  • ​Engagement Quality Control Reviewers