How Tax Planning Works and Why It Is Important for Everyone

If you live in a high tax country like the UK, Canada, Germany, Australia or South Africa, there’s a good chance you’re handing over 40% to 55% of your income before you’ve bought a loaf of bread. South Africans in particular feel this acutely, with a top marginal rate of 45% and SARS taxing residents on their worldwide income wherever it’s earned.