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Salary, drawings or dividends – what works better if you run your own business?
by Anna Loginova 16 Dec 25There are several ways a company can allocate the profits from the business to the shareholders – salary, drawings or dividends. However, clients are often uncertain about which option works better. If you need a reminder about the difference between salary and drawings, have a read..
Read ArticleNo matter what type of business you run (retail, hospitality, commercial rental, professional services, or product manufacturing), it is important to manage your cashflow. Many businessowners focus on the profit made for the last financial year and use this as an indicator of whether or not..
Read ArticleSolvency is a subject that can be challenging for our clients and can cause some distress when not understood correctly. This is not a very festive subject, but it's important to address it during these uncertain times we are currently going through.What is a solvent..
Read ArticleThe shareholder’s current account (i.e. the net balance of funds introduced and withdrawn by the shareholder) is one of the most common things that our clients ask us about. The most frequent questions that we receive are: How did this occur? What does the movement..
Read ArticleThere is a significant misinterpretation and misunderstanding between the role of a bookkeeper and that of an accountant. If you don’t know the difference it can negatively impact upon you (possibly seriously). But if you understand each role and utilise them appropriately, it can be..
Read ArticleTestimonials
I would like to say thank you for the opportunity for allowing me to come to the property school at Gilligan Rowe + Associates. Im in my early stages of becoming a property investor in New Zealand and to able to come to the property school has enabled to me gain very valuable information and knowledge which will help me be successful in property investing. The property school itself is one like no other because there is so much value given and from experts that practise what they are teaching. This in property school was one of the main highlights because being able to meet experts through the property school was my first time and gave me more confidence in general about property investment. Having combined reading the books (Property 101, Tax structures 101) at home and attending property school, the breath of valuable information and knowledge I have attained is substantial. - Tesfalidet, December 2019
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Gilligan Rowe and Associates is a chartered accounting firm specialising in property, asset planning, legal structures, taxation and compliance.
We help new, small and medium property investors become long-term successful investors through our education programmes and property portfolio planning advice. With our deep knowledge and experience, we have assisted hundreds of clients build wealth through property investment.
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