Tax Management

The tax management feature is designed to help businesses and individuals comply with taxation laws and regulations. Tax management aims to optimise the owed tax amount, take advantage of allowances and deductions, and ensure accurate reporting. As a result, taxpayers will have a firm grasp of the tax system and be fully aligned with their financial obligations.

Manage your tax in line with your priorities

Max Tax

Min Cash

Employer of Record

Tax Allowances

Benefits

Payments through payroll

Best for creditworthiness

Most ‘vanilla’ way to be paid

Maximises any state funded support

MED Tax

MED Cash

Employer of Record

Tax Allowances

Expenses Categorisation

Tax Reporting &
Documents

MAX Cash

MIN TAX

Legal Entity

Expenses Categorisation

Tax Reporting &
Documents

Max Tax

Min Cash

Employer of Record

Tax Allowances

MED Tax

MED Cash

Employer of Record

Tax Allowances

Expenses Categorisation

Tax Reporting &
Documents

MAX Cash

MIN TAX

Legal Entity

Expenses Categorisation

Tax Reporting &
Documents

Benefits

Payments through payroll

Best for creditworthiness

Most ‘vanilla’ way to be paid

Maximises any state funded support

Tax reporting

The 'tax reporting' feature gives our users access to improved, more in-depth financial data on how money enters and leaves their Native Teams accounts. In addition, this feature offers the ability to record local taxes, which aids users with their additional tax reporting responsibilities and keeps track of their tax threshold.

As a result, the tax reporting feature supports users' efforts to save more money, act in compliance with the law, and better understand the tax system and how to manage it more effectively.

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Tax allowances

The term 'tax allowance' refers to the predetermined amount of income exempt from taxation. A person's taxable income is the amount of money they make in excess of their personal tax exemption.

By using the tax allowances supplied by Native Teams, we can transfer funds from your Native Teams wallet to your bank account without withholding any taxes based on the total amount of the tax exemptions you've chosen.

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Get your own
legal entity

Set up an LTD company through Native Teams and operate within business-friendly laws and regulations, favourable corporate tax regimes, and use all tax benefits. We provide fast and simple online registration.

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Benefits of using tax management in Native Teams

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