108- How Much Should You Pay Yourself As A Business Owner ? (Tax Saving Tips), With Guest Dan Heelan

As a small business owner in the UK you likely wear many hats, and accountancy is one area that few business owners admittedly have an interest in. We're never really taught the fundamentals of good business accounting. So in this week's episode we are delighted to welcome Dan Heelan from Heelan Associates to offer his valued insights on how much should Ltd company business owners pay themselves in 2025/26? Dan is somewhat of a celebrity in accountancy circles. He's likely to be one of the first friendly faces you see on YouTube when looking for guidance as a business owner, and so having him appear as a guest on the podcast was a real privilege. He shares with us valuable hints and tips on:how to remunerate yourself tax efficiently within your businesshow to extract money from your business in a tax efficient wayhow to consider yourself and your business as two separate legal entities (if you're running a Ltd company). You're sure to get lots of value from this one. Sit back and enjoy! Dan's - AMAZING - YouTube channelYou can check out more of Dan's amazing content on YouTube here. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.