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Baker says: 21 June 2017 at 12:47 My primary source of income comes from an overseas company who I work remotely for (it's on a permanent basis but I'm not under a contract). I get paid every month, through TransferWise, in dollars. I also earn some income off royalty based products and some freelance creative jobs. I'm finding it quite complicated to set up a tax paying structure with this setup. Could you possibly give me some advice on how I could set up a tax paying structure with this way of working? |
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TaxTim says: 21 June 2017 at 13:34 Read our blog on operating through a Sole prop versus Company. Either route you choose, you would need to be registered as a provisional taxpayer in order to pay tax twice a year on your estimated earnings. Please read our blog on What is Provisional Tax? How and when? for further details. |
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