How to became Freelancer
By: Team Ifairer | Posted: 01-08-2014
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Record of expenses
Though freelancers are not eligible for many of the tax free allowances that regular employees get, a lot of these are tax deductible. For instance, what you spend on rent, traveling, car EMI, computer , maintenance of equipment, Internet and telephone bills, dining with clients, stationery, and newspapers and magazines, is legitimate expense and tax deductible. Keep a record of these.