It is the heart wrenching time of the year when typical wage slaves receive Notice of Assessment from Taxman IRAS in Singapore.
I received an SMS days ago notifying me on the due date for my liable taxes.
In the past, I would use CitiPayall to clear my taxes using Citibank Premiermiles card to earn miles.
However for this year, the admin fee is higher at 2.2% for a higher earn rate of 2.2miles per dollar with a minimum spend of $8k.
As my taxes are below $8k, I decided to explore alternative platform such as ipaymy to pay my taxes and earn miles at the same time. Its admin fee is lower than Citibank at 1.75% for me to earn miles albeit at lower rate of 1.2miles per dollar.
I am prepared to forgo most of my next month's income for these taxes.
There it goes!
While feeling heartache, the consolation is to be able to accumulate some miles towards my future trip to London and contribute to nation building at the same time!
This is not a sponsored post but merely some ranting for me to share how I deal with one type of certainty in life - tax. The other certainty is death.
Thanks for reading. Stay focused and remain steadfast as always!
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