As the saying goes, ‘but in this world, nothing can be said to be certain, except for death and taxes’. So as a Personal Trainer, what should you be paying?
To begin with, we’ll understand what’s the best to get you ready for your taxes.
The first aspect we cannot stress enough is make sure you regularly stay on top of your books and bank account with what you’re paying! We’ve seen first hand the ‘tax anxiety’, which is where individuals leave their whole tax returns for the year to be sorted out the week before. This is the worst possible thing you could do! Be warned, you must always tell the truth! The Government can carry out generic tax exceptions on companies and will even begin checking over your social media to see what assets you have.