Singapore Personal Resources

4 Things Singaporeans Need to Know Before Investing in Unit Trust

Singaporeans have access to different types of investment vehicles that they can use to grow their wealth and secure their future. If you’re a casual or newbie trader or if you lead a busy lifestyle, then you’re probably more interested in putting your money in a type of investment that will not require much of…

Singapore Personal Income Tax Guide 2020/2021

Singapore Personal Income Tax The tax system of Singapore includes both corporate income tax and personal income tax. One of the reasons why Singapore is a very attractive business location is that it has one of the lowest personal income tax rate in the world today. The taxable income amount and tax residency are the…

Saving Money on Personal Taxes in Singapore

Saving Money on Personal Taxes in Singapore Many Singaporeans (and most people from around the world) believe that tax planning is reserved for high net-worth individuals. This is not true. Middle-class individuals also stand to save a lot through smart tax planning. In Singapore, which ranks among the most expensive cities in the world, every…

Central Provident Fund (CPF) Changes: Implications for You as a Home Buyer

Central Provident Fund (CPF) Changes: Implications for You as a Home Buyer The Central Provident Fund (CPF) underwent a policy change in May 2019. The main change essentially implied that homebuyers could get access to higher CPF amounts if the flats they were looking to buy could last them until the age of 95. This…