Personal Finance
How to Reduce the Taxes You Pay in Singapore
By Investment Moats  •  October 15, 2017
How would you feel if you need to pay an income tax of $800? For my high earning readers, you would tell me that its a privilege to pay such a low income tax. But this income tax is a distress to some of my friends. Now I think this primarily stems from 3 reasons:
  1. Nobody likes to pay taxes to the government
  2. To you, you do not get to enjoy the benefits from paying taxes directly or indirectly
  3. They have never factor the need for income tax payment into their budget
Now I cannot argue against the first one. I can however say, there are some benefits that you enjoy when you pay to the government:
  1. give you employment
  2. keeps you safe when you come home at 11 pm at night
  3. make sure there are much cover walk way. You realize you can get to a lot of places ...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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