Hello Wazuans,


I am desperate to reduce my taxes and wonder if anyone has tips on reducing their income tax. I have taken out an education policy and a HOSP (Home Ownership Savings Plan)but the saving is marginal. I know taxes are certain in life but wonder if you guys have other ideas on trimming your payables to KRA?

I am employed and run a small biz on the side. Inflation is biting hard and I am beginning to feel the heat in my pocket.

Again, there was talk last year about widening the tax bands, is that something we can lobby for? methinks taxing anyone earning less than 20K is immoral and for people earning less than 50K to be at the top rate is just not fair?

Any thoughts, ideas?

Just income tax. The business is still too young and cant even meet the minimum threshhold for turnover tax. I am especially keen on reducing my PAYE.

Seems like there are'nt many routes to escape the taxman.

just resign..and say you can't take any more

Its usually easier to enjoy the tax benefit if you work for a company that can remit the insurance payments direct to the insurer and give you relief month on month. Coz otherwise you will have to wait till end of year, submit your tax returns and wait another looong while to get the refunds.