Tax planning strategies for freelancers
Freelancing certainly has its benefits, but it can result in a few complications related to tax. Freelancers are considered as self-employed for tax purposes, so if you earn income as a freelancer you must file your taxes as a business owner. While you can take additional deductions if you are self-employed, you’ll also face additional taxes in the form of self-employment tax.
Our experienced and qualified Tax Advisory Team can provide the following services for freelancers:
- Tax Planning.
- Tax Compliance.
- Social Security Management.
- Advice on deductibility of business expenses and other deductions.
For more information on how we can help your business, or to set up a meeting, contact us today