Independent on Saturday

FIVE MYTHS ABOUT TAXES THAT MAY SAVE YOU MONEY

“WHEN it comes to employee tax, a little training goes a long way towards restoring productivity,” says Tanya Tosen, tax and remuneration specialist at Remuneration Consultants. Many employees don’t understand the complex tax calculations payroll applies to their earnings each month and often question deductions. This is fuelled by tax myths that have become popular. One of these is that cost-to-company is taxed higher than a basic-plus remuneration structure. This is untrue: it makes no difference.

PERSONAL FINANCE

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2021-06-19T07:00:00.0000000Z

2021-06-19T07:00:00.0000000Z

http://independentonsaturday.pressreader.com/article/282071984858655

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