What is the distinction between freelance and self-employed by considering TAX treatment?

ajlancer Level X³

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June 8, 2016, 8:46 pm

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What is the distinction between freelance and self-employed by considering TAX treatment?

I think the terms and that means of self-employed and freelance run in parallel with one another. As per as I do know self-employed individuals and freelancers are a similar status. And till nowadays I perpetually thought that a freelancer or a self-employed person were one and therefore the same. However, it appears, from reading through numerous topics that a self-employed person pays a lot of tax than a freelancer. Question but why?

Now I do not would like a lecture on search or to be told the topic has been wide coated elsewhere or to be suggested to use the services of a tax consolatory. I simply wish to understand the distinction between the 2 terms and why a freelancer ought to get advantageous tax treatment.

Hopefully the answers provided are going to be helpful to those considering.

Thanks by Ajlancer

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Barida

Barida

Where I live in Nigeria, the government are not really interested in what a freelancer earns considering the fact that it is not a well-sought-after adventure over here. So, the tax issue is mainly applicable to those that are self-employed and not us that are working online.

0 9 years ago

1970-01-01T00:00:00+0000

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