I deposited 1m @1.8% for 12months. So it's only 18k per year.. bank also confirm not taxable
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Money No Enough: Fixed Deposits Lobang (1-mth FD included)
- Thread starter JustLikeThis
- Start date
I deposited 1m @1.8% for 12months. So it's only 18k per year.. bank also confirm not taxable
My dividends earned from my stocks/shares i didnt declare. So far no lim kopi leh. Sssshhhhh.....
Alamak
I think that apply to Hong Leong Finance, Singapura Finance and Sing Investment & Finance Limited 
Hello..IRAS website clearly states that they are exempted as well. Nabei. Stop fake news lah. Kns. lolAlamak
Hello..IRAS website clearly states that they are exempted as well. Nabei. Stop fake news lah. Kns. lol
Sorry lol, I am just thinking only
The information in this forum is very confusing 
IRAS website is clear. No need even to declare interest earned from approved banks and finance companies. Nothing confusing. LolSorry lol, I am just thinking only
IRAS website is clear. No need even to declare interest earned from approved banks and finance companies. Nothing confusing. Lol
Ok then I don't declare in my personal income tax next year
Yes you are correct.Ok then I don't declare in my personal income tax next year
Read: https://www.iras.gov.sg/irashome/In...-Out-Your-Taxes/What-is-Taxable--What-is-Not/Ok then I don't declare in my personal income tax next year
Bro Meng, may I ask you ? Your longest duration of FD is how many years ? 2 to 5 years ?
Too lazy to invest, let it sit for 2 years or so. Some more market so volatile with trade war etc ...Bro Meng, may I ask you ? Your longest duration of FD is how many years ? 2 to 5 years ?
nope .. never.. too long lockup leh..Have you ever put a placement of 5 years FD ? I know it is very long to mature
Ok thanks, I had one placement maturing next month and I decided to rollover for the next 36 months
You steady man!Ok thanks, I had one placement maturing next month and I decided to rollover for the next 36 months
Local interest is all shit. Dont bother
Ok thanks, I had one placement maturing next month and I decided to rollover for the next 36 months
Maybe a wise move. Fed kip cutting rates...and the rest is history.
Thanks bro whoami, I just want to lock up at the rate of about 1.4% for the next 3 years and should the interest rate fall again. I don't have to worry anything
Just make sure you top up your special account to max FRS first to nullify the yearly increase. The 4% interest is more than adequate to cover the fuckup PAP's yearly increase.Thanks bro whoami, I just want to lock up at the rate of about 1.4% for the next 3 years and should the interest rate fall again. I don't have to worry anything
Make sure housing loan is fully paid. If fully paid in CPF, you can now do periodic CPF housing refunds via the new CPF app. This allows you to earn interest at 2.5%, way better than any FDs. At 55, if you do not need the monies in Ordinary account, don't bother withdrawing. Leave inside. You can still take out any time after 55 should you need the money. It pays reasonably good interest.
Only when you have spare cash, then throw in FDs and other investment.