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Pay Tax Or Save Tax


pinl Rep Points: 1,610
Posted on March 30, 2009 at 3:39 am
Hi friends, do you pay your taxes or try to save them as much as possible. I think if you are earning good enough that you can bare the burden of tax then you can pay the tax else you can make use of the tax exemptions available. What are your thoughts about it and how do you plan to save taxes.

Belena Rep Points: 585
Posted on March 30, 2009 at 3:50 am
I think tax exemptions should really be to help people save money or pay less tax  if they are on a low income. I would be happy to pay more tax if I had a better income. I would  take advantage of any allowances or exemption I was entitled to claim, but I would not complain about the amount of tax I am obliged to pay if I had enough income to meet my needs.

woolford16 Rep Points: 2,160
Posted on March 30, 2009 at 4:58 am
i pay my taxes straight away, if i wated then i might not be able to pay them later. it makes sense to me to get them out of the way

bhutu Rep Points: 1,095
Posted on March 30, 2009 at 12:00 pm
Till this year I tried to save the tax but from next year I have to pay tax as my earnings are increasing about 40% from the june-july.

archit Rep Points: 265
Posted on April 5, 2009 at 7:34 am
i never tried it