How to Pay Yourself as a Sole Trader in the UK

Goforma19 Oct, 2023Finance

If you?re a sole trader in the UK, you?re likely familiar with the freedom and flexibility that comes with running your own business. However, one aspect that often leaves many sole traders scratching their heads is how do I pay myself as a sole trader. As a sole trader, you are essentially your business. Your business income is your personal income, but you need to manage it properly.