Taxes for businesses
Once again, it is that time of year when business men and business women are rushing to get their taxes done by 30th June. For us employees, it is 30th April.
For my other half, this is the time he will be scratching his head wondering why on earth he needs to pay taxes, and that is only the current year’s amount. Imagine us employees, who sometimes have to pay back taxes when our employers under deducts! Ouch!
And I really hate it when I know I have tax debt hovering around. Firstly, I do not like to know I owe anybody and secondly, I do not like not knowing whether whatever IRB claims I owe them is correct or not.
Sigh, I wish the government would give us tax payers a break and declare tax relief for the year or something. The current economic condition sure warrants it to be so!
What about you? Are you paying taxes by 30th April or 30th June? How do you feel when you pay taxes?
