What is an Income Tax Estimate?

An estimate of how much money you may need to put aside for tax payments

Cindy Cui avatar
Written by Cindy Cui
Updated over a week ago

As a sole trader, you need to pay income tax on your taxable income.

The Income Tax Estimate available in the Parpera App can be used to estimate how much money you may need to put aside to meet your upcoming tax payments.

By setting aside money throughout the tax year, you can be better prepared for tax time.

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