BT Money Hacks

S1E115: Taxes are set to go up, what can high-income earners do about it? BT Money Hacks Ep 115


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Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

What can high-income earners do in coming tax seasons and can we expect further tax hikes in the near future? In this episode of Money Hacks, correspondent Howie Lim speaks to Tan Ching Ne, partner specialising in tax, PWC Singapore to find out.

Highlights of the conversation: 

01:10 Taxes and spending are two sides of the same coin

03:00 Higher property taxes as principle means of taxing wealth

04:00 What high income earners can do

07:30 Singapore tax regime still competitive

11:25 Taxes WILL rise more in the near future

Produced by: Howie Lim ([email protected]) and Christopher Lim

Edited by: Howie Lim

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Website: https://bt.sg/moneyhacks

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Do note: All analyses, opinions, recommendations and other information in this podcast are for your general information only. You should not rely on them in making any decision. Please consult a fully qualified financial adviser or professional expert for independent advice and verification. To the fullest extent permitted by law, SPH Media shall not be liable for any loss arising from the use of or reliance on any analyses, opinions, recommendations and other information in this podcast. SPH Media accepts no responsibility or liability whatsoever that may result or arise from the products, services or information of any third parties. 

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