How do you manages your online business taxes?

[glitch]

For people that run online businesses, how do you manage your taxes?

I want to learn all about this in the event I start earning from my latest project. I don't want to be sidelined or overwhelmed with the process of managing taxes for a business. Having never done it before, I am hoping to learn from the experiences of others.

 

[Ernestnari]

I don't understand much about taxation. For my small business, we hire a tax consultant to handle issues that have to do with taxation. The consultant works out the tax amount and I release funds for it to be paid.

 

[Jonaville]

For people that run online businesses, how do you manage your taxes?

I want to learn all about this in the event I start earning from my latest project. I don't want to be sidelined or overwhelmed with the process of managing taxes for a business. Having never done it before, I am hoping to learn from the experiences of others.

I am so lucky that I am from a country where the government does not place any tax on online businesses and that is why a lot of people like to engage in online business here

 

[Nomad]

I am operating my online business individually, they are so small that I have not even considered registering with the local administration. Therefore, I am not paying taxes.

 

[Danny4cash]

I am not paying taxes for my online business because they are not small. Before government can start asking you to pay taxes, business wether offline or online must be ready. If you're working online and you're from top tier countries, some platforms will ask you to fill taxes form, so they could be able to deduct taxes from your earning and remit it to government.

 

[Syldan]

Actually I don't really knows much about online business task even though it may be deducted from the various transactions I have been making, but I personally have not paid any tax while working online and to whom will.i even pay the tax,.

 

[Ononivami]

I am operating my online business individually, they are so small that I have not even considered registering with the local administration. Therefore, I am not paying taxes.

Ultimately, if you are operating small business I see no reason why you need to pay taxes for it . Most of the people also try to evade taxes by engaging in online activities as well.

 

[Nomad]

In our country if you earn online and if you receive payment through banks, your earnings will be taxed, well the tax amount is very small (just 1 percent), nevertheless, you will be taxed.

 

[Mayorla]

Presently, I am not paying tax for my online work because The county I reside in are currently not taxing online workers. But there is a bill that might be passed soon, that would enable us to get taxed.

 

[Syldan]

I can't really tell exactly but all I know, I don't worry myself about the issue of paying tax online.

If the government will be in need of my tax, they should make things more easier for their citizens like providing jobs opportunities for them.