BFM 89.9
The Business Station
BFM 89.9
The Business Station

Should Tax Reliefs Change Your Spending Habits?

Should Tax Reliefs Change Your Spending Habits?
Recommended
32 mins
31 mins
17 mins
Guest: Rafiq Hidayat, Licensed Financial Planner, WealthVantage Advisory
Tax reliefs are like a sale: a discount only saves you money if you actually needed the item in the first place. Licensed Financial Planner Rafiq Hidayat, Managing Director of WealthVantage Advisory, breaks down which reliefs act as true "free money" versus those that trigger unnecessary extra spending, and how to weigh the opportunity cost before locking in your cash.
He also explains why timing purchases within this assessment year matters, and reveals which tax reliefs are worth maxing out.
Presenter: Roshan Kanesan
Producer: Roshan Kanesan
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