Tax Rates Reflect Life: Difference between revisions

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Latest revision as of 15:57, 29 July 2025


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According towards the transfer pricing contents of her assessment, she was required expend an extra R32000 (R=South African Rand or currency) on the surface of what she normally paid during the last years - give of take a couple of hundreds. After checking her documents, I inquired her if she had earned any extra income other than her teaching and she said No!

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If the $100,000 per year person didn't contribute, he'd end up $720 more in his pocket. But, having contributed, he's got $1,000 more in his IRA and $280 - rather than $720 - in his pocket. So he's got $560 ($280+$1000 less $720) more to his moniker. Wow!

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