Personal Finance
What am I doing to maximise my tax reliefs this year
By Data Science Investor  •  December 10, 2022
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...
Read the full article
By Data Science Investor
This is a site to publish my findings and research which are based on data science to aid you in your decision making process for investments in stocks and property, particularly in the Singapore market.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance