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Hi
Recently started freelancing (first time not earning PAYE) for an international company that pays me via an online payment account. I then withdraw from this into my local bank via FNB online portal. FNB takes commission of 1.5% on the amount withdrawn.
For my personal tax records, which amount do I keep a record of for each paycheque I get, the amount before FNB's 1.5% commission, say for eg R10000, or the amount after FNB's commission that goes into my local bank account, R9850?
TIA
Recently started freelancing (first time not earning PAYE) for an international company that pays me via an online payment account. I then withdraw from this into my local bank via FNB online portal. FNB takes commission of 1.5% on the amount withdrawn.
For my personal tax records, which amount do I keep a record of for each paycheque I get, the amount before FNB's 1.5% commission, say for eg R10000, or the amount after FNB's commission that goes into my local bank account, R9850?
TIA