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House gives final OK to ACEF extension, 2 farm-related bills

THE House of Representatives on Monday approved on third and final reading several agriculture-related bills, including the extension of the agricultural competitiveness enhancement fund (ACEF) and the proposed New Agrarian Emancipation Act. The lower chamber passed on third reading House Bill 6524 further extending the period of implementation of the…

5 best ways to reduce your income tax in Singapore (2022)

Tax season for Year of Assessment (YA) 2022 may not be until March next year, but now is in fact the time to start preparing for it. The income you earn from Jan 1 to Dec 31 will be considered for YA 2023, where you'll need to pay your taxes. Here are the tax rates for YA 2017 to YA.

How you can use your CPF for your loved ones healthcare needs

What is CPF? The Central Provident Fund (CPF) is a compulsory savings and pension plan for working Singaporeans and permanent residents, primarily used to fund an individual’s retirement, healthcare and housing needs in Singapore. Both employees and employers contribute to an individual’s CPF. Funds in the CPF are allocated into different accounts: Ordinary Account (OA), Special Account (SA), Retirement Account.

ASIC s outdated funding model penalises compliant SMEs

Fines as a result of enforcement action should be used to cover ASIC’s expenses, said CPA Australia.

Increased interest rate on the Court Funds Office special and basic accounts

The interest rates were increased for Court Funds Office special and basic accounts on 18 November 2022.

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