BONUS EPS: Plan For Retirement!...Especially in your 20's

06/20/21 • 14 min

Today we switch things up a bit with a bonus episode!
In this Bonus Feature, we'll talk about retirement planning and how important it is to start early to reap the most benefits! We get deep into the reasons why you should not rely solely on National Insurance Contributions and Government pensions as your only source of retirement income and how you can benefit in the long-run from starting a retirement fund in your 20's.

Check on your NIS Deductions at:
https://www.nibtt.net/OCRS/Form_Request.html
Link to article written in the Guardian:
https://www.guardian.co.tt/business/imbert-worries-about-sustainability-of-national-insurance-fund-6.2.1340588.59ae92c133
For more tips, info and useful resources follow me on social media:
https://www.instagram.com/infinityaccounting_tt/
https://www.facebook.com/infinityservices.st

Previous Episode

S1 EP 4: Claiming Your Deductions: Contributions & Tertiary Education Expenses

Deductions reduce your taxable income! In this episode, we explore two of the most common types of deductions, contributions and tertiary education expenses.
We'll discuss:

The three (3) types of contributions and the documents you need to claim them.
The expenses that qualify for a tertiary education expenses
3 Documents you need to successfully claim the tertiary education expense.

Check on your NIS Deductions at:
https://www.nibtt.net/OCRS/Form_Request.html
For more tips, info and useful resources follow me on social media:
https://www.instagram.com/infinityaccounting_tt/
https://www.facebook.com/infinityservices.st

Next Episode

S1 EP 6: Self-Employed? Here's Everything You Need to Know About Taxes in T&T

Being a sole trader and a self-employed person can be quite tough especially having to navigate all the tax rules and regulations to remain in compliance with the law.
In today's episode I hope to break down and make clear some of the important taxes and some guidelines that you should follow as a self-employed individual or sole-trader. We'll chat about: