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 Personal relief Income tax, legally, reduce income tax

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SUSjasonhanjk
post Jan 30 2009, 07:55 PM

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Will be filling income tax for next year.
SUSjasonhanjk
post Mar 4 2009, 09:56 AM

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Senior Member
1,068 posts

Joined: Jan 2007


QUOTE(lgs @ Mar 3 2009, 09:41 PM)
just a question , do Bank interest consider taxable income as well ?
*
Yes.
Some country have different rule.


Added on March 4, 2009, 9:59 am
QUOTE(deodorant @ Mar 3 2009, 07:03 PM)
Argh,

I just realized that having big bonus also bumps up your payable tax by a huge amount. My monthly deductions in 08 were like $140 a month only, but after taking my bonus into account & all the deductions, seems like I'm going to have to pay an extra 3.5k to IRB ... =_=;;

/sigh
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Earn income is the highest taxed income.
Once you get a pay raise, guess what.
Your government get their share too. biggrin.gif

This post has been edited by jasonhanjk: Mar 4 2009, 09:59 AM

 

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