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Dec 6, 2023 1:00 PM UTC
Question

Owner withdrawals on self assessment

I pay myself a salary each month and put it in the owner withdrawal category when I do self assessment return do I have to add in my withdrawals i.e. wages as they don’t appear in the income and expenditure reports 

thanks 🙏 

1 reply

Level 14
Dec 6, 2023 1:37 PM UTC

Hello Janette 1, thanks for posting on the Community page, so yes you would use owner withdrawals for paying yourself, so for your own salary and wages/salaries category for people you pay. Here is an article that has more information on each category.