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How To File Singapore Income Tax: 6 Things You Need To Know

how to file taxes in singapore

It is Tax Filing Season in Singapore once again. From 1 March 2024 to 15th April 2024 (or 18th April 2024 if you’re e-filing), individuals are required to file their income tax so that the taxman determines what share of your 2023 earnings it is entitled to. For many it is a simple enough process, … Read more

Passive Income Investing – Stock Dividends vs Bond Interests

Stock investors invest for two objectives – capital gains or dividends. The former entails buying at a lower price and selling the stocks at a higher price to make the difference as the profits. The latter involves a regular and high distribution of cash to shareholders. Conventionally, stocks are not thought to be invested for … Read more

55 Money Tips For Singapore’s 55th Birthday

Singapore turns 55 today. To celebrate our nation’s birthday, here are 55 Personal Finance and Investing tips, some of them uniquely Singaporean.  1. Do not spend more than you earn. No. Just no.  2. Track your expenses. Because that is the only way to know if you are spending more than you earn. Here are some useful apps to … Read more

What Actually Happens During An Economic Recession And What Should You Do With Your Money

Four days after GE2020, Ministry of Trade and Industry (MTI) announces that we have entered a technical recession. Advance estimates for Q2 2020 indicated that the economy contracted a whopping 41.2%. Year on year, the economy has shrank by 12.6%.  There is no hiding it, our economy is in deep, unprecedented recession territory. To help us navigate … Read more