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Topic Review (Newest First)
14-03-2014 05:33 PM
Unregistered
How to save on income tax?

While we are on the topic of income tax, just want to do a survey of how you all save on tax (legally, and not evading tax). How I do it, and probably how many salaried workers did it, are:

a) contribute to own and parents / grandparents / siblings CPF account, with a cap of $14k;

b) contribute to SRS, with a cap of $12,750

c) parent relief (I claim $7k per parent as they live with me)

d) course fee relief (as I took an MBA and claimed the fees paid).

How do you save on taxes?
14-03-2014 11:23 AM
admin
Income Tax Calculator for YA2014

Income Tax Calculator for YA2014:

Income Tax Calculator YA2014 | Salary.sg - Your Salary in Singapore

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