How to pay taxes

FrozenSpade

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I have a website and I am earning some cash.

I would like to pay taxes but I don't know how to declare my earnings. I am getting money on moneybookers.

Should I print the email I get when I receive money?
 
thank you. I will take that into consideration
 
Here is what i do {SAVES HELL LOT OF TAX}
Register a corporation!
Now all your expenses [electricity bills, new car, food bills, anything you buy] would go to your investment column!

Mention your income sources in the balance sheet and subtract all the investment from it! Once you hvae done this, u willl hva e very lil income resulting in low tax!

Just my 2 cents


Are you india?
 
I don't want to tell the country but I'm from Europe
 
Talk to your accountant. This is the only way to know how to do it right.

Good luck mate.
 
The accountants here talk only about the legal way.

Torque how are you doing it? PM me the answer if you want
 
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