Paying taxes is no one’s idea of fun, but they’re a part of life that can’t be avoided. There are even more taxes to consider when you’re a business owner. This article will explain what the most common taxes are, how they’re worked out and when they’re due. This will give you the knowledge to better manage your cash flow and save for tax payments.
The latest budget statement contained some important takeaways for small business owners and freelancers.
Understandably given the circumstances, many of the announcements were made in response to the economic threat posed by the COVID 19 outbreak.
We’ve provided a handy summary of the most important announcements below.