Anonymous

15 Feb 2021

∙

Is income earned from roboadvisors subjected to income tax?

Hi, just wanted to check if dividends earned from roboadvisors are subjected to income tax? Capital gains are not taxable right

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Randy

15 Feb 2021

Financial Analyst at

I am not tax expert but I believe dividends from REITs is not taxed in SG (i saw your syfe tag). I am pretty sure there is no capital gains tax in SG.

Note that dividend from US share (just in case you are investing in global ARI) is subject to 30% tax, you dont have to do anything since the dividend number that you see in the platform is already net (the tax has been deducted).

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Hi! If i am not thinking to use card up etc to earn miles for income tax payment, are there any other ways to earn some miles / cashback when i pay my tax to iras? Many thanks!

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At what income bracket does it become worth topping up SA / SRS, to enjoy tax savings? I'm 26, earning $28,000 and paying tax of $160 a year – not sure if that's worth?

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