How To Plan A Wedding Without Getting Fired

For many people, planning a wedding can be a time-exhausting task. It can feel like you are taking another full-time job on top of your current one. Do not fret just yet!

Proper organization, delegation, and time segregation can keep you sane throughout the planning process. Not to mention, you will still be able to keep your beloved job!

ORGANIZATION

To keep the boat afloat, organization is the key! You can either organize your wedding tasks traditionally (i.e., using paper and pen) or digitally (i.e., using computer software and apps). Traditionally, you must keep your wedding tasks and calendar in one notebook. Do not forget to give your partner a copy! Fortunately for you, you can easily update your partner or your wedding squad by creating a digital file.

Image Credits: pixabay.com

Go digital to enjoy the ease of accessing your wedding tasks while you are at work or while you are on the go! Google Drive, its computer software and its phone app, is a good option to seamlessly keep everyone on the wedding planning loop. Remember to use your personal email when getting back and forth with the suppliers and other people. You do not want to use the company’s email to complain about your supplier!

DELEGATION

Whether you like it or not, your career should remain your top priority during the wedding planning process. As such, you must turn to your friends and relatives for help. Treat wedding planning similarly as a big project in the office. Delegate wedding tasks to your wedding squad and provide everyone with a clear description of what they are responsible for. Pass the tasks that you know they will be great! Then, keep the communication lines open to review their works.

It is more efficient to split the delegation with your partner by creating a wedding checklist that includes proposed deadlines. These deadlines will help you to accomplish everything on time.

TIME SEGREGATION

Time management begins by scheduling your couple calendar according to your wedding tasks. This way, you will know you set aside the necessary time to tackle important matters. Moreover, you will be able to set your phone’s alarm to keep track of everything.

Image Credits: pixabay.com

Now, let us go to your downtime. Maximize the time you spent on commuting or relaxing by setting appointments with your wedding suppliers or by finalizing some details. It is better to search Facebook or Instagram with a goal in mind!

Sources: 1 & 2

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15 minutes to a lower tax bill and smooth Tax Season 2019 (1 Mar – 18 Apr 2019)

Lower your tax bill by maximising the tax reliefs available to you, and pick up some tax filing tips for a smooth tax season.

Tax season 2019 has begun, and like most Singaporeans, you may once again be required to file your taxes this year. From filing your taxes to utilising the tax reliefs at hand, here’s a quick way to a breezy tax season.

5 minutes: Find out if you are required to file your taxes this year

To file your taxes or preview your Notice of Assessment, log in to https://mytax.iras.gov.sg using your SingPass.

10 minutes: Edit your tax return and claim the tax reliefs available to you

Your income information may have already been pre-filled in your tax return if your employer is under the Auto-Inclusion Scheme. This means that your employer submits your income information to IRAS on behalf of you. However, if you received additional income in 2018 or spot an error in your tax return, hit ’Yes, I need to edit my Tax Form’ to ensure that these are reflected in your return.

Tax reliefs and deductions are targeted at certain groups of people to encourage social and economic objectives, such as filial piety and the advancement of skills. If you are eligible for any of the tax reliefs below, be sure to make your claims for them in your tax return for a lower tax bill!

Find out more about the tax reliefs – the qualifying conditions and claim amounts – at https://www.iras.gov.sg/irashome/TaxSeason2019/

And you’re done for the year!

When you’re ready, hit Submit before logging out. An acknowledgment message will be displayed upon successful submission of your tax return. Your tax bill will be sent to you between end Apr and Sep 2019. In the meantime, sign up for GIRO if you have yet to for a hassle-free tax payment experience.

Remember, file your taxes at myTax Portal by 18 Apr 2019 to avoid the last-minute rush and late filing penalties.

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Ultimate Guide To Singapore Taxing System

Aside from its undeniable cleanliness and thriving economy, foreign investors see Singapore as a country with an attractive corporate and personal tax rates. The Singapore taxing system is widely known for its tax relief measures, absence of capital gains tax, one-tier tax system, and extensive double tax treaties. What keeps this system going?

To answer that question, we must dive in to different types of taxes.

INDIVIDUAL INCOME TAX

As the name suggests, the individual income tax is imposed on a person following his or her total income. The extent to which a person pays for depends on one’s status in Singapore. At the time of assessment, the government may consider you as a taxpaying resident or a taxpaying non-resident. For residents, the tax rates begin at 0% and are capped at 22% (above S$320,000). For non-residents, the flat rate is 15% to 22%.

CORPORATE TAX

The corporate tax is imposed on a company following its profit or net income. Net income refers to the difference between the total expenses, receipts, and additional reductions in the book value of an asset. You have to understand that a company will only be taxed if the income is generated from Singapore or generated from overseas and received in Singapore.

What’s more? The corporate tax operates on a one-tier system and caps at 17%. By keeping corporate tax rates competitive, the country continues to attract a significant share of foreign investment.

PROPERTY TAX

It comes as no surprise that all property owners in Singapore are subject to Property Tax. It is imposed on property owners based on the expected rental values of their properties. It is levied on the unmovable properties such as buildings and lands. It is pretty much clear cut from here.

GOODS AND SERVICE TAX

Last but not the least is the type of task that we tackle on a daily basis – the Goods and Service Tax (GST). It is an indirect tax levied on the price of goods and services in the country.

GST was introduced in 1994 at a rate of 3%. Years have passed and the rate has been steady at 7%. Imported goods sold in Singapore follow the same GST rate too!

Image Credits: pixabay.com

Use these information to enrich your savvy consumer skills! ?

Sources : 1 & 2

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Home Renovation Hacks That Will Save You Money

As I enter the complex process of spearheading a school’s renovation, I am embroiled in a tedious task of finding the most cost-efficient options. I have been saving those picturesque renovations and design ides on my Pinterest mood board. However, a renovation design only works when you add the element of realistic budget.

When it comes to build-to-order HDB, the average spending on renovations is between S$30,000 to S$50,000. A resale flat can cost you around 50% more! Imagine that. The huge amount of money highlights the importance of preparation. You need to prepare for the upcoming costs! Moreover, you must find ways to save some money.

LESS IS MORE

When it comes to home renovation or alteration, many people turn to Pinterest for inspiration. A home with a minimalist interior is likely to be more affordable to renovate than a home with an opulent interior. Your renovation’s theme can dictate its costs and your savings. Having said that, you must go back to basics. You do not need to compromise style to save money! After all, simplicity is beauty.

WALLETS ARE TIGHTENED

Upon the completion of your desired theme, do your research on the items that you need to purchase. List down the prices of each essential purchase. As much as possible, compare the prices from online and physical retailers. Stick to this planned budget!

Image Credits: pixabay.com

There may be unforeseen circumstances whereby you need to address costs that exceed your planned budget. To tackle this issue, you must give yourself an allowance of about 20%. Who knows? You might end up with an unfinished kitchen.

RECYCLING AND REVAMPING

There are two types of home or flat owners, second-hand or first-hand owners. It is very tempting to customize every inch of your new flat. However, you must keep in mind that you will not be able to bring these customization to the next home that you will purchase. The same idea can be applied to second-hand owners.

For people moving in to a “new” home, consider the things that can be kept. Revamp furniture or structural elements that are still in relatively good condition.

PLANNING PURCHASES AHEAD

Much like the two types of owners, there are two types of purchases. There are often urgent items or an items that can wait. Nonetheless, you must look out for warehouse sales to enjoy bargain prices. Go to various fairs such as Home Planner Furniture and Renovation Fair, which attracts a range of merchants selling products you might need. Compare prices online and often you can find the best deals out there including tables, chairs and smart mirrors.

Image Credits: pixabay.com

You may also consider scheduling your purchases during special holidays such as the Great Singapore Sale, National Day, Black Friday, Cyber Monday, or Yuletide Season. These are the periods wherein retailers exhaust their efforts to provide attractive discounts. Planning ahead can save you a lot of money!

Sources:1 &2

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Why Is Bird’s Nest So Expensive?

There are interesting reasons why the Bird’s Nest delicacy is known as the “Caviar of the East”. For starters, it costs about S$40 to S$135 to get a single bowl of Bird’s Nest Soup. While, edible Bird’s Nest costs about S$5,600 per pound. You can finish polytechnic studies with that amount of money!

Do not get me started with the price of the highest grade of Bird’s Nest. The highest grade are the most expensive because it is the purest. It is 90% edible upon harvesting and requires little amount of processing.

Image Credits: baligraph via flickr.com

How do you store an expensive delicacy as such? Do not worry about consuming everything in one sitting as you can refrigerate it for about two weeks.

The high cost of the Bird’s Nest comes from its dangerous retrieval process, its painstaking cleaning process, and its expansive health benefits (according to Traditional Chinese Medicine).

The Bird’s Nest comes from the saliva of the Swiflets. Swiftlets live in limestone caves around South East Asia, Indian Ocean, North Australia, and Pacific Islands. These birds build their nests three times a year – in spring, summer, and autumn. Each nest takes about 30 to 35 days to build. Interestingly, males primarily build the nests by attaching them to the vertical walls of the limestone caves. Removing these nests can be dangerous! Retrievers will start by climbing the outside of the cave to attach the ropes. Then, they will drop down the ropes to the cave floor. These ropes will be tied to handmade ladders and poles to ease the collection process.

Image Credits: Francesco Veronesi via flickr.com

The tedious retrieval of the Bird’s Nest does not stop there! In fact, researchers observed that it can take a person approximately eight hours to clean 10 nests. Commercial cleaners often use bleaching agents to speed up the cleaning process. All these hours seem to pay off as consumers are hooked by it! Many of the demand comes from the traditional belief of its health benefits.

Bird’s Nest can be consumed alone or as an additive in dishes, beverages, and cosmetics. It is rich in protein, which contains essential amino acids. Moreover, it contains six hormones including testosterone and estradiol.

Previous research has indicated that the nests contain substances that can stimulate cell division and growth and enhance tissue growth. This is why many use it for their skincare or beauty regimen.

Now, you know why the soft and jellylike delicacy comes with a hefty price-tag!

Sources: 1 & 2

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