Ways To Slash Tax

It is this time of the year again. Looking through the piles of receipts and bills to search for anything that can help you reduce your tax amount. Gathering all your income statements to make sure you do not wrongly declared. So pious, so to speak.

So do you know what is your Income Tax relief and rebates like? For a start, you can always click HERE for the full details. Then there is the TAX REBATE for extras. The dateline is 30th April 2008 for employees and 30th June 2008 for individuals with business. Full details HERE.

Simplesteps:

1. Separate tax return for both spouses.
2. Get ready your insurance statements. (Life/Education/Medical/Annuities)
3. Subscription receipts for magazine or books.
4. SOHO expenses (e.g. rental, utilities etc)
5. Computer hardware & software purchases receipts.
6. 26-ways-to-slash-taxes

Some of the ways quoted guarantees to work. So do your duty as a citizen. Happy taxing.