One of the biggest challenges for business owners is deciding how much they can take from their company. Too often, people see cash in the bank and assume it is theirs to use. The reality is very different.

With cloud accounting, you can finally answer the question: How much money can I really take from the business?

One of the most common questions business owners ask is, how much money can I really take from my company?

Why this is a common problem

Many business owners come to year-end thinking they have not taken much out of the company. When we sit down together, the numbers often tell a different story. Without visibility, it is easy to underestimate what has already been withdrawn.

At the same time, tax adds another layer of complexity. It is not enough to look at the business bank account. You need to factor in both company tax and personal tax planning.

A smarter way to approach paying yourself

The key is to start with what you personally need. Ask yourself:

• What is the annual amount I require to live and cover bills
• What are the extras I want to afford this year

From there, the right structure often involves splitting between salary and dividends. Spread those payments evenly over twelve months so your income is predictable and sustainable.

Why cloud accounting makes this easier

With cloud software, you can:

• See company profits clearly before taking money out
• Track how much you have already taken
• Forecast tax liabilities in advance
• Plan salary and dividend splits with confidence

This level of visibility avoids the trap of dipping into business funds just because the bank account looks healthy.

Aligning personal needs with business health

It is not only about what you want to take. It is about what the company can sustainably afford to pay. Planning ensures the business continues to grow while supporting your lifestyle.

With clarity on both sides, you can make confident decisions and avoid financial shocks later in the year.

Get the Business You Want

Paying yourself properly is about more than covering bills. It is about balance, planning, and clarity. Cloud accounting helps you see the real story, so you know exactly what you can take without risking the health of your business.

If you want to plan your salary and dividends the right way, watch the full video on our YouTube channel, subscribe for more insights, and get in touch with Carthy Accountants. Together, we can make sure you get the business you want.