Commentary

26 Income received by company proprietors

BUSINESSES vol 4(2) start-up, sale and purchase
| Commentary

26 Income received by company proprietors

| Commentary

26 Income received by company proprietors

In the context of a company, the shareholders may seek to extract income from the company either by way of a dividend or alternatively in the form of remuneration for their roles within the company, for example, directors’ fees or salaries if the proprietors are also employees. The tax treatment of both dividends and remuneration is discussed in detail below.

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