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Income Tax Year of Assessment 2011 Quick Guide
AUTO-INCLUSION OF INCOME, DEDUCTIONS AND RELIEFS Do not declare/claim the following income/deductions/reliefs:Income a. Employment b. NSman/NSF pay c. Withdrawals from Supplementary Retirement Scheme...
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Budget 2011 Tax Changes
Productivity and Innovation Credit (PIC) – Tax Deferral New! To help businesses, especially SMEs, with their cash flow and investments in productivity, the Minister for Finance has announced on 2 Mar...
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What is SRS? Part I
Supplementary Retirement Scheme (SRS) is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings. The SRS offers attractive tax benefits. Contributions to...
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What is SRS? Part II
You can use SRS for investment (to grow your retirement nest) and yet at the same time, use it to reduce your income tax. I managed to find some information about what investment can we use SRS for: 1....
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Changes to Property Tax from 2014
For property owners 1. Residential Properties (HDB Flats, Condominiums, Apartments, Bungalows…) Scenarios Types of Property Tax Concession & Relief available Live in your own house Concessionary...
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