Finance Do You Record The Amount Of Tax You Pay?

Good-Guy

VIP Contributor
Managing your accounts when it comes to analysing and recording total tax expenditures might not be easy. In my country most of the people do not know how much tax they pay because the government charges the tax on almost every thing and the government also charges the GST (General Sales Tax) on various products people buy. This makes people totally unaware of how much tax they pay. But they do keep the record of heavy taxes they pay on property because the amount is quite huge. I am not sure about other countries. So what about your country? Do you keep a proper record of all the taxes you pay in a year? Do you calculate your tax and record it properly? Please do give your suggestions.
 

CarolPelu

New member
I log every penny that I pay, be it taxes or groceries. I log everything.

I am using Spendee (android app) and my own tailored excel spreadsheet.

This helps me keep myself disciplined and I have a history of how much money I am spending.
 
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