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Dec 31, 2020 11:58 AM UTC

Register income as a sole trader

I'm not sure how to allocate my income (taking wage) as a sole trader.. I've been selecting owner withdraw. Is that right? 

    1 reply

    Jan 4, 2021 9:23 AM UTC

    Hi Liam We're not accountants and we recommend that any advise that we give should be qualified by a professional. The amounts that you withdraw as wages can be allocated as owner withdrawal.