Keeping in mind that the economy is very much ravaged in my country, the paying of taxes for our businesses becomes a really a burden for most businesses here. What is the situation over there?
Do you really find it hard to comply with the tax obligation for your business?
- Thread starter Xtynehappy
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No, I don't find it hard as I have to pay taxes only on the transactions I make, no transaction means no taxes.
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So far I don't have any issues with task payments, when my business does get bigger I believe it won't be an issue as well.
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@Xtynehappy I don't understand what tax is a heavy burden, whether vat or income tax, vat will later be charged to consumers not to business people, while the amount of income tax will depend on your business profit, usually for small and medium entrepreneurs there is a turnover limit for not being taxed.
In my country the situation is very different.Here tax is subjected to any kind of business small or big depending on the country's regulations
Some people do finds it difficult at some point here because the tax demands are many and can he annoying
