At first glance it’s annoying that you have to pay tax on your income.
But this is the only way

• to be compliant with the law and not have to worry about fines and penalties due to tax evasion.
• you can deduct expenses that arise in connection with your streams, e.g. your new iPhone and entertainment expenses, as operating expenses. These expenses are offset against your income and reduce your net profit. This means that you need to pay fewer taxes. You only need to pay taxes on your profit, i.e. income minus your operating expenses.

Important: Keep evidence of these, such as invoices or receipts.

• Many professional providers, such as equipment sellers and advertising agencies, only work with verifiable professionals and registered contractors or offer lower prices.
• You can apply for subsidies or start-up grants on the basis of enhancing the quality of your work.