Our Readers' Opinions
March 23, 2007
Caesar taking too much?
EDITOR: “Render therefore unto Caesar the things which are Caesar’s…” (Matt 22:21)
Having received my personalized IT1 and TD5 forms on March 10th, with just 21 days to the deadline for filing my Income Tax return, I dutifully filled out my Income Tax form so I could get it in on time. It came as no surprise to me that the tax calculated on my chargeable income was EXACTLY what was deducted from my salary by PAYE during 2006: SIX THOUSAND AND FOUR DOLLARS AND SIXTEEN CENTS ($6004.16). Then it hit me! THAT’S TWO MONTHS SALARY!! I work TWELVE months per year but I’m actually only paid for TEN!
Mind you, I’m NOT complaining; the deductions are LEGAL but dat nah right!!