Anonymous

22 Mar 2020

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How much tax rebates do you get by donating to listed charities?

Is it worth doing this? What are some other good ways to get tax rebates?

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Pang Zhe Liang

22 Mar 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

There is 250% tax deduction for qualifying donations. Here is more details: https://www.iras.gov.sg/irashome/Other-Taxes/Ch...

I share quality content on estate planning and financial planning here.

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CH

22 Mar 2020

2.5 times tax deductible, not as tax rebate.

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My wife and I have struck a windfall. We wanted to donate 100k to charity. rather than lump sum, we wanted to an annual donation of 10k (for the tax relief) Where is the good place to park and earn some interest in the meantime?

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