Intern was slapped for 3 years!

Something I heard on the radio and everyone I know is talking about is how an intern got slapped by his boss. I didn't bother to search out the video to watch it although I agree that it is a deplorable act and that the boss should be punished.

Today, I read an article on how the family of the intern is asking for $100,000 in compensation! Wow! $100,000 for being slapped?

Then, as I read the story, my sympathy turned into amazement!

According to Lianhe Wanbao, the intern joined the firm at Jurong East three years ago as an undergraduate. He was paid $500 a month and not given any benefits or leave days.

When he graduated from university, the intern continued to work for the company under the same pay, still without a contract or any benefits.

The 29-year-old intern who was physically abused by his supervisor was reportedly paid the same salary of $500 per month for the three years he was working at the company located at iHub.

News of the supervisor physically abusing the intern had surfaced online last Friday night (May 17) in a 17-second YouTube video that showed the supervisor hitting him. 

According to an article in Omy, he had interned there for 6 months after graduating, and then continued on without a contract.

He had also received no bonus and would even have his pay docked when he went on leave.

Three years?! OMG! What was this guy thinking? Was he even thinking?

This is really incredible.

Always find a job that pays us what we are worth or more than what we are worth. Being slapped at work not an option.

Related post:
7 steps to passive income from the stock market.

Here is the video:

Ways to reduce income tax.

On 8 March 2013, I blogged about how we could pay less in income tax even as we increase our income. 

So, what can we do to achieve this?





1. Invest to receive non-taxable income.

2. Start a Supplementary Retirement Scheme (SRS) account and make annual contributions to reduce taxable earned income.

3. CPF-SA Top Ups will receive income tax relief for the first $7K contributed each year.

4. Voluntary contribution to our CPF-MA will receive income tax relief.

5. Donate to charitable organisations recognised by the government and enjoy 2.5x tax deduction, if we can afford to do so.





The rather generous personal income tax rebate from the government helped me to save 30% in tax payable. 

For seniors who are still working, the rebate is 50%.

So, how much is my income tax for the Year of Assessment 2013?

S$ 1,133.23.

This is probably the lowest I have ever paid in income tax in the last 10 years. 

This is even though my total income for 2012 exceeded S$200,000.

What I have done is humanly possible. 

Compared to many big success stories in Singapore, what I have achieved is not fantastic. 

Unless disadvantaged in some way, anyone who is determined enough can do it too. 

Remember if Yan can cook, so can you?

It is 100% possible to make more money and pay less income tax and there are readers who have been following my blog since its inception who can attest to this. 





If you have experienced this for yourself, please leave a comment and share with us your story.

Of course, there are many ways to pay less income tax and, mind you, I am referring only to the legal ones. 

Nothing illegal here in ASSI. 

Read the comments contributed by readers in my earlier blog post on the topic (hyperlink provided below) and we will get some ideas.

Believe or not to believe?

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Make more money, do good and pay less income tax.