Assuming as of Oct 2021, your total SRS contribution for 2021 is 12K, and in Nov 1 2021 you decided to invest it in DBS Savvy 6, will your tax deduction for 2022 will be 12k or just 2k ( balance after you invested 10k)?
I understand that the amount that they eligible for tax deduction is the amount you put in a year before you tax is due. Will they count the ones you invested for that year or just the balance?
Thanks for your input..
Have a look around, hop on a conversation, or ask a question to get started.
SRS tax deduction is based on amount placed for the year, inclusive of what you invested for the year or only whats left in your SRS?
Assuming as of Oct 2021, your total SRS contribution for 2021 is 12K, and in Nov 1 2021 you decided to invest it in DBS Savvy 6, will your tax deduction for 2022 will be 12k or just 2k ( balance after you invested 10k)?0 0
I cant make online purchases after having negative money in my bank account.
So here is the gist of my situation. I was subscribed to Discord Nitro when my bank balance happens to have no money at that time. So when my Discord Nitro membership expired, it was declined. I thought nothing of it at first until I tried to subscribe to Discord again. This time my bank had more than enough money but it was declined. I waited a couple of days afterwards and tried purchasing other stuff online. It was declined yet again. Im confused as to what happened. I do not know if this is a Mastercard or Visa or just my bank account problem. I thought that if I have money in my bank account then it'll all be settled. Apparently not. If anyone knows anything about this, please do let me know.0 0
Joint Account Pros/Cons
What are the pros and cons of a Joint Account? Currently both of my wife and I have a DBS account. Should we open a joint account?0 0
[Closed] 📌OFFICIAL COMMUNITY THREAD FOR DBS BINGO📌
Some of you might have joined our little bingo challenge last year.<bit.ly/2SJcly6> Excited to introduce an exciting new update, bigger and better than ever:
DBS Bingo 👉 go.dbs.com/365zoWS
🔴 3 different 'patterns' to winComplete D, B, S, or X (DBS Spark) The traditional 5 consecutive tiles Weekly wildcard challenges
Bingo tile actions you have completed from 1 Jan - 31 Jul 2021 will be counted, so you might already be way ahead of the game!⚫ Submit as many times as you want
Winners will be selected via a lucky draw - the more times you submit, the higher your chances of winning!
🔴 The Burrow Exclusive - Secure a SURE WIN gift!Click on 'SAVE YOUR BOARD AND SHARE IT WITH FRIENDS!' on the main Bingo site to save the Bingo picture. Submit your completed Bingo card in this thread. One completed card is one entry!
Submitting your completed bingo?
The top 2 members with the most number of BINGO boards shared below will receive S$60 Takashimaya vouchers!
Make sure to check back on this thread to not miss out, as we'll be posting all bingo-related updates here.4 72
[Closed] Community Contest: Share your favourite #WFH money hack 💰
Here comes another giveaway 🪑😎 The Burrow (SG’s first bank-led community) is giving your back a break. Stand to win an ErgoTune Supreme chair (worth S$599) as a reward!
How to join in 2-steps!
Leave your best #WFH money hacks💰 in the comments below ⬇⬇
Make sure to subscribe to The Burrow channel on Telegram
The winner will be notified by 11 August 2021 via their DBS-registered email. The Burrow by DBS reserves the right to vary these Terms and Conditions or suspend or terminate the Promotion without any notice or liability to any party. Click to read the Terms and Conditions .
Update 11/08: The contest is now closed! Thank you everyone for partaking in the community challenge. Please give us by 13 August 2021 to reach out to the lucky winner. Keep your eyes peeled in the meantime! 👀1 67
(CONTEST FULFILLED) DBS For Young Adults: The #1 💰 lesson you hope to learn
Note: This contest is exclusively for new Burrow members who joined us from the 'DBS For Young Adults' Telegram channel. But anyone is free to share their thoughts!
HAPPY 1ST BIRTHDAY TO OUR TELEGRAM FRIENDS.png
To celebrate our Telegram channel's 1st birthday, we're giving away a S$10 eCapitaVoucher to the first 50 Telegram friends who share...
What is the NUMBER ONE money lesson you hope to learn? Comment below!
Only for the first 50 'DBS For Young Adults' Telegram subscribers who register as a new The Burrow member as of 28 Jun 2021, 07:00PM. Contest closes 11:59PM on 30 Jun 2021. Eligible winners will be contacted via email by 30 Jun 2021. Community Managers reserve the right to determine the eligibility of Participants.2 64
(CONTEST FULFILLED) DBS For Young Adults Telegram: Share your favourite below S$5 hawker meals with us!
Hi Telegram friends! Glad you've made it here. 😉
Photo credits to @bykrystal on Unsplash
I'm sure many of you have seen the news of how our local hawkers are facing challenging periods with the current heightened Phase 2 measures. We're heartened to see how the wider community has stepped up to help, from Redditor u/waffleboy92 creating a Google Maps overlay to showcase hawkers around the island, to the Hawkers United Facebook group continuing to spotlight lesser-known hawkers - we love the spirit!
Now, it's your turn! Comment below with:
Your favourite S$5 and below hawker meal and where to find it (include address, please!)
A drool-worthy picture (if you have one!)
The first 60 Telegram (For Students Only) members who comment below will receive a S$10 Lazada e-Voucher on us as a small token of appreciation. Don't forget to add it to the Help Our Hawkers map here.
Only for the first 60 'DBS Students Only: Get Better at Money Telegram' members who are a new member as of 11 Jun 2021, 07:00PM. Contest closes 11:59PM on 10 June. Eligible winners will be contacted via email by 11 Jun 2021.1 59