By Louis Koay
It is no secret that Singapore is one of the lowest income tax rate countries in the world.
But wouldn’t it be better if you could pay even less taxes and save more for the future? After all, a dollar saved is a dollar earned.
“So how?” you might wonder.
Today you will learn a government tax savings program called Supplementary Retirement Scheme. Here, we will cover what is SRS about, how to set it up, how much tax savings can you get and whether is it worth considering it.
So without further ado let’s start!