Money Week 2012 Episode 36
School Holiday Workshops Increase Merchants’ RevenueThe year-end school holidays comes to an end in two weeks. Many parents have been sending their children to enrichment courses to keep them occupied and to acquire new skills and knowledge for the past few weeks. A hand-made soap shop has reported that its workshop enrolment doubled this holiday season, while an inline skating camp organizer kept up its profits despite slower intakes. With two more weeks to go before the December holiday ends, what else can be done to further drive sales? With a slowing economy, can sales performances be maintained in the coming months?Financial Planning 101: Tax Savings TipsTo reduce income tax payable in year of assessment 2013, tax payers need to promptly take some actions before the year ends; These include participating in or topping up the Supplementary Retirement Account and doing cash top ups for personal and/or family members’ CPF accounts. How can doing these help to save on taxes? Besides these, what else can be done to reduce the tax burden?