Abstract
- An individual can claim up to SGD 80,000 in tax relief annually.
- You can check the tax reliefs available to you here
Some tips
Check out Milelion to find the best ways to pay your income tax.
Topping up your SRS account provides greater value if you have a higher income, as higher tax rates apply to larger taxable amounts.
Learn more about the NSman Tax Relief.
Top up your CPF MediSave Account (MA), as healthcare costs are high and such expenses are very likely to arise.