Up to $32,220 — that’s how much self-employed professionals, 1099 independent contractors, and small business owners can possibly receive from the government if they act fast. Yet, few people who qualify for these funds have even heard of the Self-Employed Tax Credit (SETC), … [Read more...]
How Do I Calculate My Annual Corporation Tax?
For business owners, understanding and managing their annual corporation tax is a fundamental aspect of financial responsibility. Corporation tax is a levy imposed on a company's profits, and calculating it correctly is crucial to ensure compliance with tax regulations and avoid … [Read more...]
The 8 best tax software in the UK
Identifying which tax software is the best is so important; this way, you can eliminate the need for an accountant. This helpful list of tax software will steer you in the right direction in which one you should use going forward. Working for yourself can be stressful enough … [Read more...]
What Tax Do The Self-Employed Pay On A Monthly Basis?
Self-employment taxes are for individuals who work for themselves rather than as company employees and must pay. When someone is self-employed, they are considered both the employer and the employee, requiring them to cover both the employer and employee portions of certain … [Read more...]
Tax Planning Tips For Small Business Owners
As a small business owner, dealing with taxes each year can seem complicated and overwhelming. By preparing well in advance, using resources wisely, and following some best practices. However, you can navigate the process smoothly and ensure an accurate return is filed on time. … [Read more...]
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