Unquestionably, technology has made everyday life considerably more convenient. But while tech is indispensable for some duties, other tasks are best undertaken in their traditional ways. And one such task is filing your taxes. Certainly, it may seem cheaper and faster to simply utilise online tax software for this chore, but this is not always the case. The taxes that one individual needs to file can vary vastly from another person.…
If you are getting ready to file a tax return for the past year, you may not be aware of the fact that you can claim deductions on certain expenses which will help to reduce your overall tax bill. Below is a guide to some of the things you can claim when completing your tax return.
The cost of trade union membership or professional body
If you are a member of a trade union, you will be able to claim the cost of any dues or fees you pay in order to maintain your membership.…
There are people who just love to manage their own finances and build their own diversified portfolios. They spend countless happy hours poring over annual reports, reviewing the stock market tables and analyzing financial reports. They know what a price-earnings multiple is, and they can calculate dividend yields in their deep.
Then there are the rest of the population - people who are too busy working at their jobs, raising their children and living their lives to worry about finances.…