Tax avoidance = legal ✅ allowed
Tax evasion vs Tax Avoidance
What is it & the difference between the 2.
A thread
SARS WINS R1-BILLION TAX EVASION CASE
https://t.co/mjjAnu3gcG
1. Employers have a duty to withhold employees tax & pay it over to SARS
2. Encouraging employees to rather register companies in order to aid you not to pay salaries has various consequences but I'll limit it to the following:
2.2. The invoices will be deducted as expenses & thus reduce your business taxable income.
This is pure tax evasion
More from Finance
Two year back thread on MFI, someone liked this so came up in notifications . Rather than running around 100s of indicators, I have made this my go to indicator under any circumstances and have been using this for years
This thread actually had some great answers , one can learn a lot about the thought processes of different traders from the answers. Please go thru them
What do you think/use as the most robust leading indicator if following technical analysis ? Please answer with reason , I will provide my answer after 2 hours
— Subhadip Nandy (@SubhadipNandy16) August 12, 2019
( At Delhi airport , bored as hell )
This thread actually had some great answers , one can learn a lot about the thought processes of different traders from the answers. Please go thru them