21. Ask Sofiia: How to Legally Pay Less Tax

Taxes are one of the largest expenses you accumulate in your lifetime (ouch!). But while we are obligated to pay it, there are a number of legal ways to reduce your tax bill. In this episode, Sofiia lays the ground for how income tax in calculated in Canada, and the 3 easiest ways to reduce your tax bill.*Watch this episode in video format on YouTube*Key takeaways:00:00 What we’re chatting about today02:10 Disclaimer02:40 How income tax in calculated06:28 Paying less tax option #109:13 Paying...

Om Podcasten

Welcome to In Her Wallet, a podcast where financial education meets real-life stories, actionable advice, and a deep dive into how money works, especially for women. Hosted by Sofiia, a Vancouver-based financial educator and founder of In Her Wallet, this show is your guide to financial success, equipping you to live your best life without sacrificing your financial future. Follow the show to never miss an episode, with new insights and guest-conversations released every other Wednesday.