How to pay less tax on your bonus?

You got a bonus.

How to work out how much tax you will pay on your bonus? (manually)

The most effective way to pay less tax on your bonus is by using a portion of your bonus and investing it in a retirement https://chickenroadapp.in/ annuity. That means that the amount of money you contribute to your retirement annuity reduces your taxable income. As a result, you pay less tax. Contributions to retirement annuities are tax deductible.

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