Straightforce Employee Pension (SEP) is a tax saving pension scheme designed primarily for independent taxpayers. Participation in the project is tax deductible. The maximum contribution for 2020 is less than 20% of self-employment or net income from 57 57,000. Contributions remain for the fiscal year 2020 before the registration deadline. However, if you delay the return period, you can extend your subscription until October 15, 2021.
You can define Sep as, Easy Employee Pension (SEP) with tax incentives for senior citizens, primarily for self-employed taxpayers. Participation in the project is tax deductible. Maternity participation in 2020 is less than ٪ 20 or 57 57,000 of self-employed net income. 2020 tax installments are running out on the assembly line, but you can extend the quota line until October 15, 2021, by extending the due date on your return.