Episode 30 | Wages vs Dividends: What's the difference?

Elephants on Business

Oct 25 2022 • 19 mins

Welcome to the Elephant on Business Podcast, improving our small business journey together one episode at a time!

Today, Shey and Oz are back together to tackle an important accounting topic.

If your business operates as a company, you'll need to choose between renumerating yourself with a salary or with dividends.

With many factors and rules to consider, making the right decision for you and your business can be hard. Using his extensive accounting experience with small business owners, Oz breaks down both wages and dividends to help you choose the best option for your situation.

The content of these episodes is based on our own experience and knowledge and are meant to be general discussions, not advice. We suggest any listener always seek qualified professional advice tailored to their specific needs.

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