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 Income Tax Issues v2

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FastCoder
post Sep 19 2012, 01:49 AM

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QUOTE(vin_ann @ Sep 12 2012, 11:31 AM)
Fixed deposits.

There's once my tax lecturer teach us, spilt the FD into many many slips. i have forget the reason behind for doing so.
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I think the reason is that there's a limit as to how much you claim from deposit insurance from each account if the bank goes bankrupt.



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