The email address in "Contact AK: Ads and more" above will vanish from November 2018. No new email address will be provided. Contact me using Facebook. - AK

They chose financial independence over home ownership.

This is somewhat extreme but watch how this Canadian couple chose financial independence over home ownership.  They are in their 30s and,...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.


"E-book" by AK

Second "e-book".

Another free "e-book".

4th free "e-book".

Pageviews since Dec'09


Recent Comments

ASSI's Guest bloggers

Leave from blogging (W.E.F. 12 Aug 18).

Leave from blogging (W.E.F. 12 Aug 18).

Pay less income tax in future.

Monday, March 5, 2018

It is that time of the year again.

Remember to file your income tax.


Taxes are a necessary evil because a country's revenue is from taxes and a country like any modern day entity needs revenue to be viable.

So, if we have to pay some taxes, we are contributing to nation building.

Not a bad thing, really.

However, if it is possible for us to pay less income tax, why not?

I am talking about doing it legally, of course.

As I don't have any significant earned income anymore, I don't pay any income tax.

When was the last time I paid income tax?

You might want to read it: HERE.

Investing for income has helped me to increase my income but not my income tax and you can do it too by creating dividend machines: HERE.

Related post:
Income tax payable.


P Lee said...

Dear AK, if you dont have income, but contribute to your CPF voluntarily, then will you get "flag" by IRAS in that sense no income declared but got $$$ to top-up CPF?? Where do you get the money from??

Just curious only

AK71 said...

Hi P Lee,

I have passive income from my investment. ;)

Monthly Popular Posts

Bloggy Award