my cpf and spouse cpf already hit ERS - how else to get tax relief?

M

mp4005 help

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claim spouse parents ?

top up medisave account

top up spouse SA/RA or MA

MA sure can top up every Jan with the yearly max BHS. then every time deduct for insurance can also top up.
 
Knightoftheblackrose

Knightoftheblackrose

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StoopiakIdiot said:
can guide me?
My tax this year will be crazy, suspect >40k
Click to expand...

if you are high net worth individual, can consider talking to a tax professional at one of the big 4 accounting firms .

they will help you structure your tax returns .

Costs Only a few $k, treat it as an investment for all your future tax returns .

after that, you can then copy and paste their method, and file your own tax returns yourself in future .
This works because most people have a stable lifestyle with normal job, kids and a spouse .

just need to pay some money ( one time) to learn the tax filing kung Fu . :cool:
 
Atrina_Boy

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Knightoftheblackrose said:
if you are high net worth individual, can consider talking to a tax professional at one of the big 4 accounting firms .

they will help you structure your tax returns .

Costs Only a few $k, treat it as an investment for all your future tax returns .

after that, you can then copy and paste their method, and file your own tax returns yourself in future .
This works because most people have a stable lifestyle with normal job, kids and a spouse .

just need to pay some money ( one time) to learn the tax filing kung Fu . :cool:
Click to expand...

This is useful.
Thanks
 
M

mp4005 help

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Knightoftheblackrose said:
if you are high net worth individual, can consider talking to a tax professional at one of the big 4 accounting firms .
they will help you structure your tax returns .
Costs Only a few $k, treat it as an investment for all your future tax returns .
after that, you can then copy and paste their method, and file your own tax returns yourself in future .
This works because most people have a stable lifestyle with normal job, kids and a spouse .
just need to pay some money ( one time) to learn the tax filing kung Fu .
:cool:
Click to expand...

Singapore max tax relief is $80k .. 20+% also only $16-17k savings.

unless do business or like USA got so many ways to write off even your car price , expediture , etc.

Singapore tax is so easy already. don't need others to help. can read and understand is the only criteria. for personal income tax only.
 
StoopiakIdiot

StoopiakIdiot

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Knightoftheblackrose said:
if you are high net worth individual, can consider talking to a tax professional at one of the big 4 accounting firms .

they will help you structure your tax returns .

Costs Only a few $k, treat it as an investment for all your future tax returns .

after that, you can then copy and paste their method, and file your own tax returns yourself in future .
This works because most people have a stable lifestyle with normal job, kids and a spouse .

just need to pay some money ( one time) to learn the tax filing kung Fu . :cool:
Click to expand...
this is a good suggestion.
I got family accountant. can look for her. but that for our business, not personal.. I low ses
 
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