When you’re self-employed, you’re responsible for paying both the employer and employee portions of taxes. Here’s how to calculate both. If you’re self-employed – either on a full-time basis or just ...

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower your taxable income, and save a bundle in taxes ...

Millions of Americans file taxes, even though they may not owe anything. Here are the requirements and other good things to ...

Rachel Reeves introduced a significant income tax change in her Budget that went largely unnoticed - Leon Neal/. Workers face ...

What is self-employment tax? The federal self-employment tax is composed of Social Security and Medicare taxes, which are also known together as the Federal Insurance Contributions Act (FICA). For ...

MORE workers will have to pay tax on income they haven’t even earned yet under a rule rejig. Chancellor Rachel Reeves ...

Self-assessment tax returns must be submitted each year by the self-employed and people who owe tax on income they've received. Find out how to complete a tax return for the 2024-25 tax year, and what ...

Forget Halloween or the clocks going back, October is an important month when it comes to taxes. There are two key tax dates during October, affecting new landlords or self-employed people and also ...

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower how much of your income is considered during ...