Smart Income Tax Saving Tips: Różnice pomiędzy wersjami
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Aktualna wersja na dzień 03:31, 5 lut 2025
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A tax deduction, or "write off" as it's sometimes called, reduces your taxable income by getting you to subtract the total amount of an expense from your income, before calculating the amount tax have got to pay. Greater deductions you have or the better the deductions, the your taxable income. Also, the more you trim your taxable income the less exposure you will likely need to the higher tax rates in superior terms the higher income wall mounts. As you read earlier, Canada's tax system is progressive therefore the more you earn, the higher the tax rate. Cutting your taxable income minimizes the amount of tax you will pay.
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