Wednesday, March 24, 2021

Tax woes

This the season of filing income taxes.

Thoughts:

1) Spouse relief (for non-working spouse) is only a meagre $2,000. Depending on which tier of taxable income you fall under, one family on single income pays only $170-230 less. =/

2) About 50-62% of my one-month's pay goes to paying income tax =/

3) SRS is good. Do SRS. =)

4) Realised I could have filed $2,000 more under child relief last year, but I overlooked this. Paid $230 more as a result. =(

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Just learnt that property tax for a condo at Beauty World area is $1900+. Siao! But yes, I support taxing the rich.


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Random notes from Ye

On 2 separate occasions, I was working at my home desk when Ye sat beside, doodled on a post-it and passed it to me: