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...to ask how much you take home if you run your own business?

26 replies

stumblymonkey · 12/01/2017 21:06

This is really coming from two separate places...

Firstly I've always wanted to run my own business and have plenty of ideas but I don't think they would pay anywhere near as much as I currently earn but I wonder if I'm wrong.

I also wonder about businesses I see around town that seem to have very few customers but are able to support rent of a town centre location (like 'vaping' shops, etc).

I'm also just really nosey.

So...if you (or your DP/DH/DW) run your own business, what do you do and how much do you take home roughly?

OP posts:
TinklyLittleLaugh · 13/01/2017 14:03

DH and I have a business selling scientific instruments. Like you we work from home and have few overheads. We make quite a lot of money, but each take out as salary, a figure just below the higher rate tax threshold, mostly in dividends. So we actually take home after tax upwards of £70k between us.

The rest of our profit stays in the business until we retire (hopefully soon).

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