Fiverr Forum

Tax Recommendations

I’m sure this has been asked in the past, but do you guys have any recommendations (specifically for Fiverr) on tax efficiency?

Obviously, every country is different. At the moment, I withdraw bulk funds ($500 or $1000 increments) putting away 20% aside for tax. At the end of the financial year, the tax office tells me the tax discrepancy and I just pay it from my tax account as needed.

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