Dealing With Tax Problems: Easy As Pie: Difference between revisions
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Revision as of 09:40, 8 October 2026
polyco.co.za S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone can be in a high tax bracket to someone who is in a lower tax segment. It may even be possible to reduce the tax on the transferred income to zero if this person, memek doesn't have other taxable income. Normally, the other individual is either your spouse or lanciao common-law spouse, but it could even be your children. Whenever it is possible to transfer income to a person in a lower tax bracket, it should be done.
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