I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Thursday, 17 March 2016

Bloggers taken by surprise by IRAS letter on taxable income


Read? Bloggers taken by surprise by IRAS letter on taxable income


For IRAS to plug this revenue loophole, these bloggers must be making tons of money to attract Taxman attention.



Posted by Createwealth8888 at 19:53
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2 comments:

  1. SMK17 March 2016 at 20:25:00 GMT+8

    they make a LOT. new economy.

    ReplyDelete
    Replies
    1. Createwealth888818 March 2016 at 07:45:00 GMT+8

      Thumb up to IRAS; otherwise it is quite unfair to so many employees. Their OT allowances and benefits are taxable income too.

      Delete

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