Small Business Day (your company money is not automatically yours to spend)
How much fun is owing a small business??!
Sometimes small business owners forget they are not the company – it is a separate entity. That means money in the company bank account is not your money.
What if I want some more money – what should I do?
Speak to your expert!
there are a few options and they have different tax consequences, you’ll need to budget for tax payable.
The tax office has produced a fact sheet to give you a basic overview.
May 10, 2022
