Many clients would ask me what will be their applicable tax rate. Well, you know I cannot just give a number without making things sound complicated to most of you. If you do have the interest, you can do some work yourself and keep in mind this is still an estimate. You might be able to use it to do some tax planing by yourself, but just be aware that taxation is not a simple calculation which can be performed by a one-page chart.

The following chart will still give your general ideas though:   TAX RATE CHART