How to Legally Pay Yourself as a Business Owner (Part 1) 

Running your own business comes with freedom—but figuring out how to pay yourself can be confusing. Should it be a wage? Drawings? Dividends? In this practical session, Lawpath’s Pradi Hamid will break down your options and explain the most tax-effective and compliant ways to pay yourself as a sole trader, company director, or trust beneficiary.

This is Part 1 of a 2-part series designed to help you understand how to draw income from your business legally and efficiently. Part 2, happening next week (13th August), will focus on Director Loans and Division 7A, and how to stay compliant when accessing company funds.

6th August 2025, 12:00 PM (AEST)

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In this session, Pradi Hamid from Lawpath Accounting will cover:

  • The Different Ways to Pay Yourself: Understand the differences between wages, drawings, dividends, and director fees.
  • Structure-Specific Guidance: Learn what applies to sole traders, company directors, and trusts.
  • Tax & Super Implications: Know what needs to be withheld, reported, and paid.
  • ATO Compliance Tips: Stay audit-proof and avoid penalties with clear documentation and reporting.
  • Live Q&A: Bring your questions for tailored advice from a tax expert.

Why Attend?

Make sure you're paying yourself properly—legally, efficiently, and with confidence.

Stay on the Right Side of the ATO

Understand your obligations when drawing income from your business.

Plan Smarter at Tax Time

Learn how to avoid surprises and optimise your take-home pay.

Get Paid Right

Set yourself up for a smooth and consistent income stream.

Interactive Q&A

sk Pradi your business-specific questions live.

Don’t Miss Part 2: Join us next week for a deeper dive into Division 7A and director loan compliance.

Limited seats available, register today!

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