Factors That Affect The Forex Market

Many factors affect the Forex Market, but if we need to focus on the main ones, we will certainly talk about the economic tripod, an economic policy guideline for countries that follows 3 aspects, inflation, interest, and the exchange rate. Do you want to know more about other financial markets? Read also Which Financial Market Is Right For You. Economic indicators and their impact on currencies Inflation Inflation is an indicator of how much our money can buy and how quickly that capacity is lost over time. Currently, countries like Venezuela and Syria face huge annual taxes on inflation. This means …

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Taxes For Freelancers: Sales Tax

There are many programs available to assist freelancers with bookkeeping. Alternatively, you can hire a tax preparation service to do all the hard work for you. In addition to income tax, sales tax is an important tax for freelancers and their business. This is levied on almost all goods and services and is, therefore, a value-added tax from an economic point of view. As a freelancer, however, you are not allowed to withhold this additional amount through sales tax but have to pay this sales tax directly to the tax office. Freelancers and Taxes: Input Tax For freelancers, the counterpart …

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