As 2018 draws to a close, it’s that time of the year again where I access my tax position and decide if I wish to use any of the limited tools to manage my tax bill. I’ll encourage you to do so as well as efficient tax planning can help you save on unnecessary taxes.
To help you get through this quickly, here’s a guide to access your tax position and what you need to do should you decide to manage your taxes for 2018.
Step 1: Prepare a rough tax computation
Don’t know how to prepare a rough tax computation?
Well, I was bored over the holidays and decided to come up with my own Personal Tax Calculator for your use absolutely free. Download it, edit it however you like, use it. Just follow the instructions inside the excel file, answer all the questions and fill in the relevant blanks …