When you earn a living through your small business efforts that money counts as income. That income has to be reported to the Inland Revenue and you also need to pay taxes on it. Don't trust any person who claims otherwise. After all, you don't wish to find yourself in trouble with the Inland Revenue Tax Service do you? There are usually very few things more painful than getting audited! Of course, if you'e never needed to take care of your own taxes before, figuring out how to track your income and expenditures and what you owe could be very confusing. Here are a few ideas to aid you. check it out
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