Make sure you file your income tax returns before April 15. Do not wait till the last moment. Some Common Filing Mistakes 1. Declare all income. Winnings from Toto and 4D are not considered income as they are windfalls. I wonder whether this is true or not, but apparently for those who want to cheat on [...]
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The year is coming to an end soon, and don’t wait until April to look at your income for the year. Taxes are calculated based on Jan to Dec income. Quickly do your calculations on your income, especially since many people are getting great bonuses, which would definitely bump up the annual income. Check how [...]
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Who is more likely to cheat at taxes? 7 profiles have been observed. Find out more in the list below. The year is coming to an end soon, and you better work out your taxes before April, so that you can get as much rebates as possible, or make some donations. 1. Tax Cheats Are Thrill [...]
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Tip Top Curry Puff owner is jailed for tax evasion. Looi underreported earnings from his delicious curry puffs made with secret formulae. Apart from 2-week jail term, he has to pay a fine of almost $200000. The stall in Ang Mo Kio, near the polyclinic has a steady flow of customers and I would buy [...]
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Donating to charity is great, but getting double tax deduction to reduce the amount of chargeable income tax is even better . You can even get tickets to a play for free when you donate! Giving to charity is a good way of giving back to society and helping the less fortunate. There are many [...]
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I have heard about Supplementary Retirement Scheme (SRS) from a forum and a colleague. A woman wrote in the forum that she has more than $250000 within 5 years of working, and she made used of the SRS to save. I was a little curious, but did not think that I earned enough to require [...]
Popularity: 13% [?]