Save More & Enjoy Tax Benefits. It's simple With SRS!

Do you know that each dollar contributed into your SRS account will reduce your income chargeable to tax by a dollar? Actually I don't know, I don't even know what is SRS. So I do a seaerch and find a lot of explananation at Minister of Finance Website: http://www.mof.gov.sg/taxation/srs.html .

On summary: The SRS is part of the Singapore government’s multi-pronged strategy to address the financial needs of a greying population, which were highlighted in the Report of the Inter-Ministerial Committee (IMC) on the Ageing Population, released in November 1999. The SRS complements the Central Provident Fund (CPF). CPF savings are meant to provide for housing and medical needs and for basic living needs after retirement. Unlike the CPF scheme, participation in SRS is voluntary. Participants can contribute a varying amount to SRS (subject to a cap) at their own discretion. The contributions may be used to purchase various investment instruments.

Sign up our FREE Seminars and let POEMS assist you in opening your SRS account. Existing SRS account holders are welcomed to attend too! You can also find out about POEMS range of SRS approved investment products and services which you can invest in using your SRS contributions. The schedule for the seminar is shown above.

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