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Homepage Private Community Forums Minimising Tax PAYG & contracting, 2 jobs. Reply To: PAYG & contracting, 2 jobs.

  • morag-janet-of-the-hill-family

    Member
    September 28, 2022 at 6:10 am

    If you are declaring to the tax department, don’t refer to it as the productivity of your labour, instead you list expenses and this makes them non taxable. You call it productivity of your labour if they find money in your account and ask why it wasn’t declared as income. You refer to it as productivity of labour if the council ask questions as well. The tax department only have jurisdiction over income so you are either declaring income and/or expenses to them, expenses reduce the amount of tax you pay.