Difference between revisions of "History With The Federal Tax"

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Revision as of 19:03, 22 September 2024

Through the proposed DTC / GST legislations, federal government has acknowledged the demand for new revenue system nevertheless the proposed new laws apparently appear staying even more complicated then this current one.

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What it is as your 'income' tax has a set of tax brackets each using its own tax rate from 10% to 35% (2009). These rates are used in your taxable income which is income greater than your 'tax free' income source.

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