Personal Finance

Singapore has become a tax haven for most international investors thanks to its business-friendly tax system. The country has attractive personal and corporate tax rates, an absence of capital gains taxes, tax relief measures, extensive double tax treaties, and a one-tier tax system. Singapore also makes it easy to set up and operate businesses. Additionally, … Read more

Are you looking for a complete guide on the best electricity plans in Singapore in 2022? Here are some of the best electricity companies in Singapore.

Critical illness insurance plans are the answer to one’s peace of mind and could potentially aid you when you need it. Here are the best ones in Singapore.

Singapore’s CPF is a mandatory saving scheme to cover workers’ social security needs. Both the employee and employers participate in this system by paying CPF contributions. On the other hand, the government plays its role by guaranteeing a risk-free interest rate that depends on the account type, age, and actual savings. Under the CPF Act, … Read more

Who Needs To Pay Income Tax In Singapore? According to the Inland Revenue Authority of Singapore (IRAS), all income-earning individuals should pay their yearly income taxes. For the year of assessment (YA) 2022, you must pay for all income earned in 2021. However, you do not need to pay tax if you are exempted under … Read more

The world’s population has been aging and will accelerate the pace post the Covid-19. We will see fewer babies and more older people on the earth. More than that, technology improves the time length we live, and the probability more and more people will live up to 90 or above is higher after medical science … Read more

The Singapore government has the power to tax and control taxes. By providing legal ways for personal income taxes to be reduced, they also open the chance to boost one’s spending power, as well as savings and investment. With this, peoples’ disposable incomes also increase, leading to economic growth  In Singapore, income tax depends on … Read more

Nowadays, many Singaporeans have become more aware and cautious of handling and growing their finances. Yet, knowing that time is more valuable than money, they’d want ways to grow their money without wasting precious time. An excellent and appealing way to do this is through building a passive income. Passive income has become a sought-after … Read more

Everyone wants financial freedom and adequate savings for retirement, yet, not everyone has a financial plan. Some may think that financial planning is complex or only for the wealthy. The truth is, it is for anyone who wants to achieve their financial goals, and it’s best to start early. Moreover, you don’t need to be … Read more

Expense tracker apps are a must-have in today’s manic and increasingly digitized world. These days, many of us have multiple bank accounts and unique spending habits to keep track of. With this, finding the best expense tracker app that really works for you can mean the difference between organizing and achieving your financial goals and … Read more