finance

fixed deposit

Guide for Beginners on Fixed Deposits in Singapore

Fixed deposit provide a secure method for individuals to earn returns on their money, offering higher interest rates compared to standard savings accounts with minimal risk. In this comprehensive guide, we will explore the essentials of fixed deposits, catering particularly to beginners in Singapore. Advantages of Fixed Deposits Simplicity: Fixed deposits are favored for their …

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accountant salary singapore

Accountant Salary Guide in Singapore: What You Need to Know

Are you considering a career in accountancy? Perhaps you’re already an accounting professional aiming to understand the accountant salary singapore. Let’s delve into the world of accounting salaries, examining the differences between accountants, Certified Public Accountants (CPAs), and Chartered Accountants (CAs) while exploring the earning potential for these roles in Singapore. Accountant vs. CPA vs. …

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personal income tax

Understanding Personal Income Tax Rates and Brackets in Singapore

Personal income tax in Singapore is a vital aspect of the nation’s revenue, amounting to $17.53 billion in 2023, contributing significantly to government funds. Unlike the flat 17% corporate income tax rate, personal income tax follows a progressive system, wherein higher earners bear a larger tax burden. Income Tax Brackets Overview In Singapore, there exist …

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Stamp Duty

Tips for Reducing Expenses on Stamp Duty When You Own Multiple Properties

Stamp duty, particularly Additional Buyer’s Stamp Duty (ABSD), has been a pivotal tool in Singapore’s real estate market since its inception in 2011. As property prices fluctuate, understanding stamp duty becomes imperative, especially for those considering owning multiple properties. Let’s delve into comprehending stamp duty and explore strategies to minimize costs effectively. Buyer’s Stamp Duty …

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Unit Trust

Simple Unit Trust Investment Guide for Singapore

When delving into the world of investments, creating a diversified portfolio is key to minimizing risks and maximizing returns. A simple yet effective way to achieve this is through unit trust. In this guide, we’ll explore the basics of unit trusts, why they make a sound investment choice, associated fees, different types of unit trust, …

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Singapore Bond

Easy Guide to Understanding How the Bond Laddering Strategy Works

In the world of investments, singapore bond play a crucial role in diversifying portfolios and securing steady returns. Amid favorable market conditions and rising interest rates, investors can capitalize on the benefits of bonds, especially by implementing a strategy known as “bond laddering.” In this easy guide, we’ll explore the fundamentals of bond laddering and …

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