Top 3 Financial Myths
There are a lot of confused people out there when it comes to tax laws and financial management. We have jumped into the muck of misconception and come out with a list of things that are quite baffling because a lot of people think it is true. Higher Pay Higher Tax People think that if they start earning more, they will end up taking home less than before because they are being taxed more. But the truth of the matter is that not all your pay is charged at the increased tax rate; only the amount that is over the margin. So in essence your take home salary will increase from your previous income plan and that extra bit that crosses the margin alone will be taxed at a higher…