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| I have downloaded the ZH software and got a fright when the rate and tax amount calculated is way higher than what was withheld according to my annual salary certificate . How reliable is that software? (The answer I'm hoping for is 'not very' ) | |
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The software probably still has the 2008 tax tables and deductions. There may be some inaccuracy if you use it to calculate your 2009 tax liabilities. However, the discrepancy between the 2008 calculation and the 2009 calculation is probably less than 5%.