Tax Saving Tips For The Future

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Tax Saving Tips For The Future
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• With just a month left to
  complete the tax exercise, there is still time to
  make investment decisions, which will help
  balance the accounts with the Treasury. While tax
  planning is not a matter left to the last minute,
  there are formulas with which you can deduct the
  tax base from income tax. Contributions to
  pension plans and the amortization of mortgage
  are the most valuable, also becomes necessary to
  reduce the impact of taxation on capital gains
  that may have been harvested throughout the year
  for financial transactions.

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• Pension Plans
• Pension plans are the most widespread financial
  planning for retirement and have substantial
  fiscal stimulus. The limits apply to the sum of
  individual contributions, employment, mutual
  welfare, pension insurance and insurance agency.
  The tax reform has created the individual
  systematic savings plan (PIAS), which, according
  to experts, can be a perfect complement to
  pension plans to retirement. It has an attractive
  tax system, since gains are not taxed if the
  product is rescued as an annuity, and after a
  minimum of ten years.

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• House purchase
• 15 of the amount invested in the purchase,
  rehabilitation, expansion and construction of the
  residence may be deducted from the full share of
  the income tax on a maximum of 9,015.18 per
  year. What contributed to the savings account has
  the same housing deduction. The landlord may
  deduct all expenses related to repairs,
  maintenance and financing of rental housing, even
  if the cost exceeds the net revenue with the
  lease.

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• Investment
• No matter if you have one day to another or over
  the years. Taxed at a common rate of 18 applies
  to profits made on the Stock Exchange or the
  hiring of deposits, investment funds, current
  accounts, fixed income and housing. The new tax
  system clearly has favored short-term capital
  gains. Investment losses leave a loophole with
  which you have to soften the impact of Tax Saving
  Plans. The new income tax provides compensation
  mechanisms between gains and losses but with more
  restrictions than in the previous tax regime.

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