What are some good ways to reduce the tax you pay if you are in higher brackets? - Seedly
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Anonymous

Asked on 05 Mar 2019

What are some good ways to reduce the tax you pay if you are in higher brackets?

Best ways to minimize hard earned money going into taxes

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These are the tax reliefs available.

https://www.iras.gov.sg/irashome/Individuals/Locals/Working-Out-Your-Taxes/Deductions-for-Individuals--Reliefs--Expenses--Donations-/

Most commonly used ones are CPF and SRS. CPF give u good interest rates while SRS allows you to invest your monies.

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