Tax question

[bright sparks]

In my eighth year now and have never paid my taxes in advance only once I get my bill each year after filing and have never been charged interest, not once!

[5 Little Monkeys]

Bright sparks, is that because you pay before the due date?

I think I will continue to save the money myself. This way I can pay more or less depending on what I want and how well that month has gone financially for me. This year I will be putting money aside for the RRSP and taxes so I would rather make the interest than the gov't lol.

[Crayola kiddies]

In my eighth year now and have never paid my taxes in advance only once I get my bill each year after filing and have never been charged interest, not once!

glad to hear that bright sparks .....I certainly don't want to be paying any interest ....and I like paying a bit each month cause I hate paying big amounts it seriously makes me ill.....last summer I bought a new vehicle and I paid cash for it and I was having panic attacks afterwards....I always have these visions of all my families leaving at the same time and then I have no income and I just spent a huge chunk of money ......I know income tax is not really the same thing but it still does the same damage to my bank account ....

[5 Little Monkeys]

crayola, I have the same fear as you!! lol. I love my job but not having a consistent steady paycheque can be stressful!!