sm7inaka0ydeeaP sm7inaka0ydeeaP
  • 21-03-2017
  • Health
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What is the tax threshold (the level of income at which you begin to pay tax) for an entrepreneur or an informal worker?

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johnkellock
johnkellock johnkellock
  • 29-03-2017
For an entrepreneur or informal worker the self employment tax threshold is $400. Entrepreneurs, informal workers are part of the grey area of the economy and used to count for gross domestic product (GDP) or gross nationa product (GNP); however, when working an earner is eligible for taxation after earning $400. 
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