Staying informed about your finances is crucial, especially in today’s ever-changing economic landscape. This blog post, brought to you by Retire Rich, your guide to navigating Singapore’s financial terrain, highlights three key developments this week that can impact your money: Let’s start. #1. File Your Taxes on Time (The Deadline is Approaching!) With the tax filing deadline for the Year of Assessment (YA) 2024 fast approaching, don’t miss out! Here are the key deadlines to keep in mind:

• Electronic Filing (e-Filing):April 18th, 2024 (Recommended and most convenient)
• Paper Filing:April 15th, 2024

Missing these deadlines can result in penalties, so act now to ensure your tax return is submitted on time. For a comprehensive overview of the latest tax rates and reliefs, check out our previous informative article here. #2. UOB One Interest Rate Changes: Time to Re-evaluate Your Savings Strategy? UOB recently announced a reduction in interest rates for their popular UOB One savings account, effective May 1st, 2024....