Personal Finance
Income Tax Relief: 5 Ways to Lower Your Payable Tax in Singapore
By Syfe  •  March 12, 2025
Singapore offers a variety of tax relief options designed to ease the financial burden on individuals. From personal tax rebates to incentives for upgrading your skills, understanding these relief options can significantly impact your financial strategy. In this blog, we’ll explore the different tax relief schemes, how they work, and tips on maximising these benefits to reduce your tax liability. Table of Contents How Much Income Tax Do You Pay in Singapore? Singapore employs a progressive income tax system, meaning that the more you earn, the higher your tax rate. As of 2024, the tax rates for Singapore residents range...
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By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...
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