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GST For Freelancers in India – Updated 2023

Write Freelance

It was introduced in 2017 to replace the indirect taxes levied by central and state governments separately, resulting in double taxation. While GST was introduced to simplify indirect taxation, GST for freelancers has been somewhat confusing. Here’s everything about GST you should know as a freelancer in India.

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Income Tax (ITR) for Freelancers in India – 2023 Guide

Write Freelance

Tax season can be extremely stressful for anyone, especially for freelancers in India. But did you know as a full-time freelancer you only need to pay taxes over 50% of your income? There are a lot of nuances to income tax for freelancers in India. What is ‘freelancing’ as per income tax rules? What is freelancing income?

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How to Start Freelancing (With No Experience)

Freelance Magic

You’re tired of working for someone else, and you want to start freelancing — maybe as a side hustle on the weekends or because you want to wave goodbye to your day job. You’re in luck: 62% of companies already hire freelancers, while 66% plan to hire more freelancers in the next few years. The good news? Read the guide).

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How to Create a Freelance Invoice (+10 Freelance Invoice Templates)

Write Freelance

Creating your first freelance invoice can be challenging and confusing at the same time. What’s the best freelance invoice format? What should you include in an invoice as a freelancer? Using a freelance invoice template or an invoicing tool to help you stay ahead of things. What is a freelance invoice?

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Freelance Protections Were Just Signed Into Law Across California State: Here’s What You Need to Know

Freelance Union

The Freelance Worker Protection Act, an iteration of “Freelance Isn’t Free”, was signed into law by Governor Gavin Newsom on September 28th, 2024. In 2022, 60 million Americans freelanced, contributing $1.35 This provision eliminates the uncertainty many freelancers face when waiting for payment.

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Your Freelance Taxes May Increase with Student Loan Forgiveness Key Facts About Freelance Taxes and Student Debt Relief

Freelance Union

As we move through 2024, understanding these implications is essential to ensure you understand the full impact of student debt relief on your freelance taxes, especially because the current federal exemption expires at the end of 2025.  Freelance taxes on student loan forgiveness may be affected at the state level. 

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Freelance Businesses: Check Your NYC Congestion Pricing Tax Credit Eligibility

Freelance Union

While the goal is to alleviate congestion and promote cleaner air, the impact on freelance business owners doing business in the city could be significant. For freelancers who frequently travel into New York City for meetings, client visits, or other business activities, these costs can quickly add up. on weekdays, and  9 a.m.