salary | HM Accounting

Paying yourself as a Business owner

The difference between a hobby and a business... a hobby will cost you money and a business will pay you 💸 Wondering how to pay yourself...

Salary VS Drawings: How to pay yourself as a business owner

Making money was probably at the top of your goal list when you decided to start your business. However, most business owners struggle...

How Much Should You Pay Yourself?

As a business owner, you don’t want to take too much and drain your business. However, you also don’t want to take less than what you...

Business Basics: Paying others working for you (Employees or Freelancers)

You’ve started up a new business and hired your first employees, or your one-person band has grown to a stage where you need some extra...

Business Basics: How do I calculated my Taxable Income?

In this blog post we look at what is considered taxable income for a sole trader or partnership that would need to be included in your...