Baqir Hussain

It's all perspective, right?

Not saying that's the right thing to do.

And you should always, of course, file on time.

But it's perspective, right?

You might think, I can't get out of this.

But you can.

Once you sit down and actually address the issue, more often than not, you can solve the problem.

A surprise tax bill is literally one of the worst things you can get.

Based on my analysis, there are seven key reasons for getting a surprise tax bill.

When it comes specifically to a salary earner, then the most common reasons are if you have multiple sources of income,

Because remember, the IRD only knows and auto processes your PAYE salary, your PAYE taxes, which is from your salary.

And so if you have income from other sources, until you tell the IRD about it, then they wouldn't know.

And once you do file...

Those taxes, maybe you have a side hustle, maybe you have some other non-employment income.

Once the IRD finds out, it's then when you get a surprise tax bill.

So that's one of the reasons when you have multiple sources of income.

The other reason is if you're on the wrong tax code when it comes to salary earners.

Tax codes exist for a reason.

For most people, it's the M tax code.

But again, if you have a side hustle or if you're on the wrong tax code,