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Anonymous
I have some questions about being self-employed... not exactly personal finance but hope to seek your view here as covid had changed many jobs!
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Yes. You have to top up medisave every year complusory for self-employed. They will send you a letter and ask you to top up accordingly.
Even you have a FT job, they will still ask you top up.π€·ββοΈπ€¦ββοΈ
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IRAS has a guide and examples of self-employed persons: https://www.iras.gov.sg/irashome/Businesses/Sel...
If you've set up your own company, do consider protecting your investment:
Business Insurance Package
Professional Indemnity Insurance in Singapore
Directors Liability Insurance