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The Freelancer’s Guide to Paying Tax

When you take the leap into freelancing and self-employment, it’s really exciting at the start. Eventually, the honeymoon phase wears off and you comfortably adjust to life as a freelancer, which, in all honesty, is a really great deal.

You get to run your design business the way you want. Work with clients you like. Make as much money as your schedule allows for. Live and work from anywhere in the world (and move as frequently as you want!) This business is yours to shape and mold into whatever you want it to be and to support whatever sort of lifestyle you want to lead outside of it.

That said, while the structure of the business may fully be under your control, the income you make from it is not.

Every country holds its residents accountable for paying taxes. When you have an employer, they typically handle this for you. However, since you’re self-employed, the responsibility lies solely with you—which is no easy feat.

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