Do I need to pay income tax? What income is taxable? What tax reliefs should I be paying attention to? What is a tax deduction? Do I need to pay taxes from selling sneakers?



As 2020 comes to a close, Roshan Kanesan gets into all these questions and more with tax consultant Thanneermalai.



With less than 30 days to maximise your tax reliefs, this little refresher hopes to help clarify the tax reliefs to watch, as well as some tax basics and best practices when filing.



Image Credit: Doucefleur / Shutterstock.com

Do I need to pay income tax? What income is taxable? What tax reliefs should I be paying attention to? What is a tax deduction? Do I need to pay taxes from selling sneakers?

As 2020 comes to a close, Roshan Kanesan gets into all these questions and more with tax consultant Thanneermalai.

With less than 30 days to maximise your tax reliefs, this little refresher hopes to help clarify the tax reliefs to watch, as well as some tax basics and best practices when filing.

Image Credit: Doucefleur / Shutterstock.com

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Ringgit and Sense

We explore financial themes and help you make sense of the world of finance. From setting financial goals, managing finances, investing and understanding the various issues that affect our wallets. Ringgit and Sense wants to help you understand personal risk profiles, realistic investment horizons, retirement planning, managing education loans and health insurance plans, as well as breaking down the various personal finance products that are available.

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