Sentences with phrase «to pay less tax»

An investment is said to be «tax - effective» if investors pay less tax on it than they would have on another investment that gives the same return.

The middle class will end up paying less taxes in 2018 than when you wrote this in 2012.

In some cases, you may pay less tax by filing separately.

It almost seems like the government wants to reward us for taking the risk of investing in stocks by getting us to pay less taxes when we do!

We'd pay less taxes if they paid their fair share.

There is the chance of paying lesser tax on successful and processed claims.

One major benefit of super is that most people pay less tax than if they had invested the money outside super.

In the end if structured right one can have more money in retirement and pay less taxes with better protection.

Furthermore, tax shelters are legal investment vehicles that let investors pay less tax.

The double benefit of no longer having to work and paying less taxes made me much happier.

Moving country for the purpose of paying less taxes very definitely falls within the definition of tax avoidance, irrespective of whether we might believe that the tax is «reasonably owed».

When you do this, you may be able to claim a capital gains reserve and split the capital gain over up to five years and potentially pay less tax.

These tips will help you get a larger refund this year, while teaching you how to pay less taxes going forward.

For instance, you might want to lower your income one year to claim more medical expenses or pay less tax on dividend income, then lower your spouse's income the next.

Why would someone want to pay less tax by having less income.

Ideally, but in now way is this guaranteed, you will likely be paying less taxes when you retire so that tax bite shouldn't be too bad.

Everyone would prefer to pay less tax if they could legitimately.

The fact that Trump pays less taxes as a percentage is a sign of savvy financial intelligence, not avarice).

Maria pays less tax overall because her new income is only $ 80,000 and her $ 10,000 super contribution is taxed at only 15 %.

To help pay less tax all year round, complete a Form T1213 from the CRA which, once approved, will enable your employer to reduce the amount of tax withheld at source.

For most people, the best way to pay less tax over the long run is to hold investments inside a Tax - Free Savings Account (TFSA) or an RRSP.

So receiving a Form 2439 usually means paying less tax with your return, not more.

«That way, we average out the taxation on the RRSP withdrawals over a longer period of time, and therefore pay less tax on the withdrawals,» he says.

While it feels nice to pay less taxes now... remember that Social Security is in trouble....

«Member States can not let selected companies pay less tax by allowing them to artificially shift their profits elsewhere.

You'll probably pay less taxes at that time than by making a Roth IRA conversion and paying taxes now.

We defer tax payments while employed in anticipation of paying less tax during retirement.

You will also generally pay less tax on Canadian dividends than U.S. dividends in your cash account, though the effective tax rate may be similar if you are subject to OAS clawback due to a high income and the way that Canadian dividends are grossed up on your tax return.

The European Commission ruling wraps up a three - year long investigation into whether Amazon received an unfair advantage based on a 2003 Luxembourg tax ruling which allows an Amazon subsidiary to pay less tax there than other companies.

Warren Buffett = > rich Warren Buffett = > pays less tax than a close aid of his Warren Buffett probably doesn't pay capital gains.

In other words, one can not simply look at tax rates and conclude that because a two - earner family pays less tax than a single earner family with the same income the tax system is treating people unfairly

Unless you flunked fifth grade math, it's not hard to see that married couples ALWAYS pay less taxes.

The rich try to act like the government is taking all of their money, but the fact of the matter is that most rich people pay less taxes proportionally than poor people do The problem is that rich people are cheating the system and trampling on the poor.

So the working poor pay less tax in the US (and also receive fewer benefits).

Sir Menzies Campbell said poorer and middle - earning people should pay less tax while the rich and those with environmentally damaging lifestyles should pay more.

He said: «It is unacceptable today that in this country equity firm holders pay less tax than those who clean their offices.»

Georgia residents pay less tax on gas than Florida residents do.

TFSA are not as good as RRSPs for retirement planning because RRSPs allow you to defer all the tax payable on the contribution and to pay LESS tax upon withdrawal.

The money you contribute to your Dependent Care Flexible Spending Account is not subject to payroll taxes so you will bring home more money and pay less taxes since your contribution is deducted from your paycheck before taxes are assessed.

Ideally, your tax rate after retirement will be lower than when contributions are made, so you end up paying less tax down the road, as well as lowering your tax in the current year.

By splitting his RRIF income with Margaret, Bob pays less tax, and gets most of his OAS back.

The main thing to remember with RSPs is that they are primarily an income - averaging system so that you can, allegedly, pay less tax later than you would now.

Many New Jerseyans — particularly those eager to leave behind the state's high property, estate, and «millionaire's» tax — are learning quickly that moving away from the state in order to pay less taxes elsewhere isn't as simple as...

That, in a nutshell, is what makes RRSPs better than TFSAs for higher earners: Not only are you taxed on your money years later, but because you're in a lower bracket when you retire, you'll pay less tax too.

The premise behind investing in an RRSP is that during retirement, you will have a lower income and thus pay less tax when you withdraw money compared to when you put the money in (and thus getting a bigger tax break).

But as long as you're a couple, one or both of you earn a taxable income, you're in different tax brackets, and you have a child under the age of 18 living at home, you'll likely pay less tax.

and I like paying less taxes.