Stop receiving tax refunds. Break the cycle of giving the government an interest-free loan.
If the amount of tax withheld from your pay is not reduced at source you likely receive a tax refund shortly after you submit your tax return. If this is the case, I urge you to put an end to this cycle because tax refunds represent the overpayment of taxes. When you overpay your taxes you are giving the government an interest free loan.
Think about it. Where do you think your tax refund comes from? From the taxes you overpaid.
Here are a few easy steps to follow to break the cycle. Continue reading “Stop Receiving Tax Refunds”