Personal Finance
The lowest income tax payable in many years (YA 2015).
By A Singaporean Stockmarket Investor (ASSI)  •  March 9, 2015
I just did my income tax filing for Year of Assessment 2015. Yes, I am always quite early, preferring to get it out of the way ASAP. My estimated income tax payable has reached a new low. I have shared some ways which could help us pay less income tax before and I have included the links at the end of this blog. This year, the government, to celebrate SG50, is allowing all qualifying donations a tax deduction of 300% of the donation amounts in 2015. This is up from 250% in recent years. As we journey towards financial freedom, let us not forget the less fortunate. Do good and pay less income tax? Why not? I am sure all of us can find a charitable cause that we support in 2015......
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By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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