How can I determine the tax on a particular stream of income?
TaxTimsays: 12 February 2019 at 13:38
Income tax is computed on your aggregate income as such income streams should not be subjected to tax seperately. You can however evaluate the effective tax on an income stream by multiply that income stream by your tax to gross income ratio also known as Effective Tax Rate (ETR).
Get Internal Revenue Tax Dates and Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.