#265 - GST hikes, wealth taxes & more from Budget 2022, with Reggie from The Financial Coconut

Last Friday, Finance Minister Lawrence Wong delivered his first-ever budget proposal, with the theme “charting our new way forward together". We talk through the major points with Reggie, founder of the Financial Coconut (TFC), whose team focuses on all things-related to money. In this episode (Part 1), we’ll cover the first 2 main talking points:(1) the GST hike and (2) new taxes on the wealthy. For Part 2, head on over to the episode on TFC at the link below, where we’ll talk about (3) changes to the CPF, (4) changes to taxes on businesses and (5) support for businesses and industries. Click here for Part 2 of our collaboration with TFC! Click here to check out the TFC website!

Find us here!

• Our YLB Subreddit for detailed show notes and mindblowing discussions
• YLB's TikTok us dancing. 'nuff said
• Our YLB YouTube channel to watch videos of all our guest interviews
• Our YLB IG account where we post exclusive BTS of the podcast

About Budget 2022

• From a GST hike to CDC vouchers: 9 things you need to know about Budget 2022
• Budget 2022: A cheat sheet
• Singapore Budget 2022: Charting a new path forward
• 6 Things From Singapore Budget 2022 That Will Affect You Financially

Peace!

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