Do You Pay Income Tax?

[Nomad]

Income tax takes a slice of what you earn, often more than people realize. In somw countries low income families are excluded from paying income tax but paying income tax is common everywhere. Do you pay income tax, how much do you pay? How do you plan around income tax? Do you focus on reducing taxable income or maximizing credits, and what works best in practice?

 

[neku]

I pay a very large amount as income tax every year, though I make a large loss online. The tax payable depends on the investment options which are selected.

 

[Augusta]

Income earners do pay their taces in my country but for now I'm.not paying but will soon

 

[Trush Jodie]

It is majorly the corporate workers that pay tax. It is always automatically deducted from their salaries by their employeers.