
As a Sole Trader. What money is mine and what belongs to my business?
This is a question that I have been frequently asked. When a new businesses is started it can be a common question, how can you access money in your businesses in other words you may be unsure how to get paid. In this Blog we will look at how you get paid from your business and the effects on your ability to pay your tax liability. The business has started but where are my wages? As a self employed person you don’t follow the same rules as an employee. An employee receives a wage each (week/month) gross wage less PRSI, USC, PAYE and a net wage is paid, and the
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