Salary.sg Forums - View Single Post - How much is your annual passive income?
View Single Post
  #106 (permalink)  
Old 07-04-2017, 07:41 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Its income tax filing season again.

Here's the combined income tax we had to pay for the last 5 years

2013 - $29,000
2014 - $33,000
2015 - $35,000
2016 - $37,000
This year, we will have to pay $41,000. The increase comes about as we can no longer claim relief for our children as they are working now.

Each time when we see the tax we have to pay we cringed. Thats where a chunk of our passive income goes. Sigh.
thank you for contributing to nation building
Reply With Quote