Are freelancers taxable?

Are freelancers taxable

Even as a freelancer, they are still subject to the same taxation as individuals with regular income, with freelancers still subject to a number of criteria. “Net Income” to calculate for tax payment That is to say, It will be subject to income tax Section 40 (2).

Typically, the broker or employer will deduct 3% as a pre-tax payment on every payment or in some cases, which is a tax calculation from the accumulated income from the employer withholding 3% of wages before If calculating, the tax is more than the 3% that has been deducted before, it has to be paid more. Or in the case that the tax is less than calculated, the tax can be refunded. 


Are freelancers taxable



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