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    Managing your taxes for maximum savings

    August 19, 2014 / No Comments

    Taxes matter a lot and you better plan for them. Also, you need to understand the difference between tax evasion and tax avoidance. Tax evasion is illegal failure to remit taxes while tax avoidance is legal. You need to plan your business and incomes to take advantage of tax avoidance schemes available. For example, income from your property is subjected to lower taxes than income from your stocks or salary that is usually charged at 30%. So, investing your savings in real estate appreciation may be a better strategy. As with all investments, you need to gather enough information and…

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    M. B. Mugisa

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