Wednesday, May 11, 2011
FISCA website - buying a HDB flat
A FISCA committee member is writing a 3 part article giving tips on buying a HDB flat. Part 1 is now posted and is available to members after login. Go to www.easysearch.sg/fisca.
GST is unnecessary and bad
I have been against GST since its implementation. It is unnecessary and bad for Singapore. Here are my reasons.
a) There is no need to get revenue from GST in the first place. Unlike Western countries, Singapore does not provide much in welfare benefits, e.g. old age pension or unemployment benefit.
b) The Government already collect a lot of money from ERP, COE, land sale and foreign worker's levy.
So, the government does not really need this source of revenue. The introduction of GST (from 3%, 5% to 7%) has resulted in increase in the cost of living and added additional cost in compliance and collection. This also increased the cost of doing business.
I need your help to do some research for me, as follow:
a) How much is the GST collected in each year, and also the government surplus? (This will show that GST revenue is NOT necessary for Singapore)
b) Average income in Singapore and the number of taxpayers that earn above $100,000 and $500,000 a year.
I wish to write a paper to argue that GST should be scrapped entirely (and not just removed for essential items, or to reduce to 3% - as suggested by some opposition parties).
Tan Kin Lian
a) There is no need to get revenue from GST in the first place. Unlike Western countries, Singapore does not provide much in welfare benefits, e.g. old age pension or unemployment benefit.
b) The Government already collect a lot of money from ERP, COE, land sale and foreign worker's levy.
So, the government does not really need this source of revenue. The introduction of GST (from 3%, 5% to 7%) has resulted in increase in the cost of living and added additional cost in compliance and collection. This also increased the cost of doing business.
I need your help to do some research for me, as follow:
a) How much is the GST collected in each year, and also the government surplus? (This will show that GST revenue is NOT necessary for Singapore)
b) Average income in Singapore and the number of taxpayers that earn above $100,000 and $500,000 a year.
I wish to write a paper to argue that GST should be scrapped entirely (and not just removed for essential items, or to reduce to 3% - as suggested by some opposition parties).
Tan Kin Lian
FISCA Educational talks
Here are the educational talks organized by FISCA in May 2011.
http://easyapps.sg/assn/Org/Event.aspx?id=5
These talks are educational and useful, and guide you on how to invest your savings to get a better return. The talks are sponsored by SGX, so you only pay a modest fee. They are conducted by FISCA, with the view of educating consumers to choose the right financial products.
http://easyapps.sg/assn/Org/Event.aspx?id=5
These talks are educational and useful, and guide you on how to invest your savings to get a better return. The talks are sponsored by SGX, so you only pay a modest fee. They are conducted by FISCA, with the view of educating consumers to choose the right financial products.
Swan Lake - a great performance
A great performance of Swan Lake. This is the first classical score that I heard 50 years ago, and loved it over the years. TKL website
Tuesday, May 10, 2011
Affordable HDB flats
Here are my proposals to provide affordable HDB flats to first time buyers. TKL website.
Web Design Ireland-Is Your Web Design All Hat And No Cattle? | Web Design Dublin
Web design is a fancy name used by many web designers to justify equally fancy design fees to their web illiterate clients.
But if you as a business owner are concerned with increasing your website traffic and increasing turnover in your business the goal of your site should be simple-to generate as many targeted visitors as possible to your offering, whether you sell goods or services or both.
Reporting by our Media
Reporting by TODAY newspaper :
When WP LTK kicked PAP GY out, it is "An emotional journey for both teams".
When SPP Chiam lost to PAP WKS, it is "Sun sets on Opposition veteran's career".
When WP LTK kicked PAP GY out, it is "An emotional journey for both teams".
When SPP Chiam lost to PAP WKS, it is "Sun sets on Opposition veteran's career".
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