WEALTH CARE
Pay cuts and nest eggs, Investing offshore, Estate fights
- Published: 18 Feb 2013 at 00.00
- Newspaper section: Business
I would appreciate it if you could answer a few questions. I've been earning a hefty salary (30% tax bracket) for many years, but will soon leave my full-time job for an uncertain future, perhaps supported by a few lower-paid temporary jobs. I've been investing regularly every year in RMFs, LTFs, and tax-deductible insurance (100,000 baht) as well as an annuity (200,000 baht).
With my income dipping this year, which of these products should I reduce investment in for tax purposes? I suspect RMF & LTF contributions could be cut, but should I continue to contribute the full amount for the insurance products (100,000 and 200,000 baht, respectively)? Thanks in advance for your feedback.
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