Is the title clickbaity? Yes, because we need everyone's attention here:
Turnover Tax is a type of tax that almost all freelance creatives qualify for.
As long as you stay under a R1 million in turnover, you will pay a ludicrously low tax rate.
Changing to Turnover Tax has been life-changing for Lucas and me, and we want to share this knowledge with you.
To that end, we've interviewed our tax guy, Michael Rushby of GalbraithRushby, about the ins and outs of Turnover Tax. How to work out if you qualify, what you have to reports (sooo much simpler than normal tax), and how much you'll save.
If you are a freelancer and you're not on Turnover Tax, do yourself a favour and listen to this episode. If you want to do someone you know a favour, please spread the word by sharing the episode link. Creatives are struggling out there. If there's a way to pay less tax, grab it!
Full disclosure: In a stunning display of business savvy, we have worked out a deal with Michael (our tax guy in case your reading comprehension is poor). For every new Turnover Tax client his practice gets, we get an astonishingly token finders' fee. If thing go really well, we may be able to fill up our cars. Once.
So if you want to talk to Mike (I'm not sure we're on a Mike basis yet, but it makes him seem approachable, right?) just follow this link and get in touch with him. Mention the interview if you remember. 👍