Earlier this year the Government – by way of the IRD releases, a “Small Business Cashflow Loan Scheme”, businesses were able to obtain a loan of $10k +$1.8k per employee. The scheme has been extended and updated
Drawings & Shareholders Salaries, how do they work?
This blog will give you a good understanding of the differences.Drawings from a company is a term used to define withdrawals of cash from a company by a shareholder. A common misconception is that a shareholder is taxed on these drawings.