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Tax Saved Is Not Money Made
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In this episode, Mai and Lee break down one of the most common misconceptions at tax time:
“If I spend money, I’ll get it all back in tax.”
With the end of financial year approaching, many business owners and individuals fall into the same trap. That is, making rushed purchases purely for a deduction, without considering the actual return.
This episode cuts through that thinking.
Mai unpacks why tax deductions don’t work the way most people assume, and why the real goal isn’t to reduce tax at all costs. It’s to make financially sound decisions that deliver a return…
The skinny
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