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More importantly, could it land you in any trouble?
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More importantly, could it land you in any trouble?
â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â [credit cards]( [travel insurance]( [membership]( [Blog]( Why is everyone talking about the 99-1 loophole? The mark of a true blue Singaporean isnât how well he/she can follow the law, itâs about getting around it without breaking it. But all that becomes tricky when weâre talking about tax. Case in point: Additional Buyerâs Stamp Duty (ABSD). On 26 April 2023, the Singapore government announced that Singaporeans buying their second residential property on or after 27 April 2023 will have to pay an ABSD of 20%, up from 17%. Cooling measures like these have become a matter of when, not if. In response to these rocketing rates, Singaporeans have discovered a way to buy a second property without having to pay ABSD. How does the loophole work, and could it land you in any trouble? [Read More]( 4 min read [11 Best Cashback Credit Cards in Singapore]( If you still believe that cash is king, here are the cards that will do the work for you. [Read Now â]( 3 min read [12 Practical Tips On Fuel Savings]( Did you know that having insufficient air pressure in your tyres could result in your car using more fuel? [Read Now â]( 3 min read [Claire Jedrek On What It Takes to Make Racing a Career]( Presenter. Entrepreneur. Athlete. TEDx Speaker. Hereâs how the multi-hyphenate made it work. [Read Now â]( 5 min read [Must-Knows for Choosing the Best Travel Insurance]( Are you guilty of buying travel insurance plan at the last minute? [Read Now â]( 4 min read [Quick Guide to Critical Illness Insurance]( Critical illness insuranceâgood to have or essential? [Read Now â]( Follow us to browse our bite-sized content pieces and to stay on top of our exclusive promos! [credit cards]( [travel insurace]( [personal loans]( [Blog]( This email was originally sent to {EMAIL}. You have received this email because you are subscribed to MoneySmart Singaporeâs awesome newsletter. Sent by MoneySmart Singapore Pte Ltd, 8 Commonwealth Lane, #04-02, Singapore 149555, Singapore [Unsubscribe](