How to legally reduce your yearly taxes.

The tax laws has always favoured the business owners.
If you own a business, your taxable income is not your
earnings but your net income after deducting your
phone bills, internet charges, stationary, local and
overseas travel expenses and interest charges.

As an employee, you are taxed on your total income,
leaving the balance for your expenses and holidays.

If you want to reduce your yearly tax payment, the
easiest way is to start building your Unciity
Business. When you start receiving monthly
commissions, prepare a simple profit and loss
statement that in most cases will show a loss. This
loss can be offset against your yearly salary, thus
reducing your yearly taxable income. If you like a
sample of this P & L Statement, do ask me.