Asked by Anonymous
Asked on 29 Oct 2018
Just require an account which I receive payment and deposit cash sales (Amt is 10k per month), after which I will split up the revenue into CIMB fastsaver, STI index etc.
I would also want to make use of UEN PayNow, which could be linked to the DBS multi currency account.
Top Contributor (Jan)
Separate it. Pay yourself dividends from your business and that'll be tax free instead of salary. Good for accounting as well.