It's already December.
Beside being a festive season, December is also the last month in the year when you can do something to maximise your tax reliefs for the year.
In case you have not done anything to maximise your tax reliefs, this post can serve as a reminder to start looking at options. You probably do not want to have a rude shock come mid-2023 when the taxes come.
There's obviously many options to maximise tax reliefs. The two most common ways where you could do voluntary contributions are usually CPF contributions or SRS contributions.
I once ran a poll in my Telegram group to better understand which is usually a preferred option for most folks.
It turns out that it's quite evenly distributed among the options with quite a significant number of voters maxing out the limits for both annually.
As I have maxed out my contribution limit to CPF this year, it's natural that...