Category Archives: Income Tax

[Infographic] 6 Ways to Reduce Your Taxes in Singapore

“In this world, nothing can be said to be certain, except death and taxes,” said Benjamin Franklin. Those are very wise words indeed, but we mustn’t be faulted for trying, if we did try to reduce our taxes. For some, they try to cheat death too! Let us tell of six ways you can reduce your tax in Singapore. Read on.

5 Beautiful Places in the World to Save on Taxes

We all want to ensure that the money we make, lasts longer. One good way to do that is to save on your taxes. Couple that with exploring new places, and we think you have a winner! Here are countries where you have to pay little or no taxes at all. Packed with exciting things to do, set up your next workstation here!

Common Slip-ups Taxpayers Make When Filing Income Tax Returns

Not all of us are financial experts and therefore making errors in our tax returns is not out of the ordinary. However, why not get it right the first time with a little more effort and carefulness? Most of us make mistakes in some of the common areas of the tax form such as rental… Read More »

Employee Stock Options and Its Relation to Income Tax in Singapore

Filing personal taxes is not rocket science, it is quite simple in itself. But what if you get a fat promotion and offered shares of the company you are working in? This whacks your knowledge of personal tax filing and leaves you in a state of confusion. What do you do now? Let’s explore what… Read More »

Travails of Tax Filing and The Salve to soothe them in 2016

People often consider that tax filing is a pain, what with the numerous forms that are to be filled and the kind of exhaustive information that is present in such forms. Well, there is some truth to the fact, if proper care is taken to observe the rules and keep a track of one’s expenses and incomes (including… Read More »

Facts about Individual Taxes in Singapore for 2016

The tax structure in the Year of Assessment (YA) 2017 will remain almost the same as the structure followed in YA 2016. However, a few minor changes will come into effect such as the introduction of two more income slabs. Here is a comparison of the Income Tax Rates for Year of Assessment (YA) 2016… Read More »