Tax question

[Askonforum]

If I need to pay $200 tax, I VC SA/MA $200, means tax waival?

$1 for $1 voluntary contribution = tax waival?

 

[coyote]

If I need to pay $200 tax, I VC SA/MA $200, means tax waival?

$1 for $1 voluntary contribution = tax waival?

Please type properly? What is VC, venture capitalist? Tax waival? What's that?

 

[buttbERry]

can ask properly bo?

 

[Min Min]

Don’t understand you talk simi

”waival“ is which country lang lingo?

 

[divineone]

Your tax rate isn't 100%. 200$ tax means ur taxable income is 200÷tax rate regrossed. Your SA/MA contribution would need to reduce that taxable income figure to 0 (it's a tax relief, not a tax rebate)

 

[Mephist0pheLes]

U how old liao?

 

[Min Min]

Your tax rate isn't 100%. 200$ tax means ur taxable income is 200÷tax rate regrossed. Your SA/MA contribution would need to reduce that taxable income figure to 0 (it's a tax relief, not a tax rebate)

so what’s his question again?

 

[coolhead]

If I need to pay $200 tax, I VC SA/MA $200, means tax waival?

$1 for $1 voluntary contribution = tax waival?

Can wake me up when the govt is so generous?

 

[Can Or Not]

You need to Ab, Fg, FA, OE, Ld after MMddcc then can waive

 

[Dr Stephen Strange]

$200 just pay la. You go geylang one pew already $200.

 

[Can Or Not]

$200 just pay la. You go geylang one pew already $200.

Everyone smart, here waive there waive, corporate tax also waive.

Gov cannot collect enough money, how… GST

 

[Askonforum]

If I need to pay $200 tax, I VC SA/MA $200, means tax waival?

$1 for $1 voluntary contribution = tax waival?

But is this correct?

A dollar for a dollar waived

 

[Atilas]

But is this correct?

A dollar for a dollar waived

Simple answer is a no, that's incorrect.

Someone has already provided the more complex answer.

Your tax rate isn't 100%. 200$ tax means ur taxable income is 200÷tax rate regrossed. Your SA/MA contribution would need to reduce that taxable income figure to 0 (it's a tax relief, not a tax rebate)

 

[harbinger255]

Wow.... Forum still attracting si ginnas in??

 

[swenson]

go ask ChatGPT, maybe the AI can understand your english better than edmw

 

[Roid Rage]

If I need to pay $200 tax, I VC SA/MA $200, means tax waival?

$1 for $1 voluntary contribution = tax waival?

Just see your iras there’s a total payable amount at the bottom

 

[rizhal]

If I need to pay $200 tax, I VC SA/MA $200, means tax waival?

$1 for $1 voluntary contribution = tax waival?

Recently someone asked the same question in Reddit. New tax payer

 

[chickenpiez007]

go ask ChatGPT, maybe the AI can understand your english better than edmw

to be honest....AI would also find such unnatural prompt challenging.....

 

[Askonforum]

Your tax rate isn't 100%. 200$ tax means ur taxable income is 200÷tax rate regrossed. Your SA/MA contribution would need to reduce that taxable income figure to 0 (it's a tax relief, not a tax rebate)

Don't quite understand. Because below $8K,。exact amount of cash top up for maximum allowable relief so is it a dollar for a dollar, tax waival?

 

[lousydk]

tax relief, tax payable
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