Why you should consider donating to charity to for tax deductions in 2015
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Why you should consider donating to charity to for tax deductions in 2015

The Singapore government has always been encouraging the spirit of philanthropy and giving and one of the best policies that was implemented was giving tax deductions for donations made to a tax-deductible charity. Since 2009, qualifying donations have been entitled to a 250 per cent tax deduction. There are a few ways to reduce taxable income in…

7 tax deductions I use to reduce my personal income tax
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7 tax deductions I use to reduce my personal income tax

It’s that time of the year again when you receive a letter or SMS from the Inland Revenue Authority of Singapore (IRAS) to file an Income Tax Return for income earned in 2014. If you only have auto-included income and their relief claims are the same as the previous year, IRAS may waive the requirement for you to…