Breakdown: How to Calculate your Tax Properly

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To get your tax right, follow this simple logic:

  • Combine ALL income sources
  • Identify allowable deductions (like pension contributions, NHF, etc.)
  • Subtract deductions from total income
  • Arrive at your taxable income
  • Take your time here—this is where accuracy matters most.
  • A small miscalculation today can lead to:
  • Overpayment
  • Underpayment (which leads to penalties)

At 2GDB Consulting, we simplify tax, finance, and business insights—helping individuals and organizations grow smarter.

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