My tax instalment payments for 2025 based on self-employment income of 2024. That income will be ~50% less. How can reduce the instalment payments without penalty?
When I inpu the number for my expenses against my self employment income, do I input the total for the year or do I pre-calculate an amount based on my business use?
Self employment income defaults to commission based and I cannot change this. Why? I am professional services, not commissioned
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