Merry Christmas & Happy New Year

Posted on 22 Dec 2015 | Comments Off on Merry Christmas & Happy New Year

This is not the most beautiful card but I do hope that it is the most meaningful one.

I read these phrases and it has always been apart of me.

I always try to practice what I read and learn and this little page made a lot of difference in my life.

Now I would like to share these phrases with you and hope that it will make a difference in your life too.

Christmas 2015

Christmas is Giving & Sharing

Learn to forgive – Life is too short

Actions speak much louder than words

Plant a few seeds that you may never see grow

Remember that we are all in this world together

Remember that what goes around comes around

Give more of yourself and you will get more out of life

Never compromise your integrity for anyone or anything

Friends and family are like plants – they need regular care

Get your priorities right and remember what really matters

Your most valuable possession is good health, so take care of it

Remember that true wealth is not what you have it is what you are

Happiness is not having what you want, but wanting what you have

Laugh and smile more and share lots of hugs with those close to you

It’s not how long we work that is important but how much we get done

Live for today, not yesterday or tomorrow and fill your life with real moments

Don’t take short cuts – life journey is long but every step brings a little more wisdom

Remember that if you recognize a problem then you are already half way to solving it

Remember that destiny is not something that just happens – we have to make it happen

Take a risk now and then. We are more disappointed by those we didn’t do than by those we did

Remember that when things go wrong there is always a positive side for we learn and grow from these experiences

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Ex-property agent jailed for forgery

Posted on 17 Dec 2015 | Comments Off on Ex-property agent jailed for forgery

A former property agent was sentenced to five weeks’ jail and fined $2,145 for using a counterfeit stamp certificate in a property rental transaction and for issuing a counterfeit Goods and Services Tax (GST) invoice, revealed the Inland Revenue Authority of Singapore (IRAS) on Monday.

Cheong Sai Chong, whose real estate licence expired on 1 July 2012, collected money from the tenant of a rental property to pay for the stamp duty. He then gave the tenant a counterfeit stamped certificate as proof of payment of the duty.

In September 2013, IRAS discovered that the tenancy agreements for certain properties had not been stamped, while the stamp duty had not been paid.

The stamp duty is paid on documents or agreements relating to properties, including tenancy or lease agreements, options to purchase, as well as sale and purchase agreements.

Cheong was also found to have charged the landlord GST for his agent commission even though he was not authorised to do so. The GST invoice provided by Cheong to the landlord was a counterfeit invoice from Dennis Wee Realty, which was authorised to collect GST.

IRAS noted that businesses that are not GST-registered but charge and collect GST from their customers may face a penalty of three times the amount of tax unlawfully collected, and a fine of up to $10,000 for each offence.

Meanwhile, any individual or business that deliberately forges stamp certificates may face fines of up to $10,000 and/or up to three years’ imprisonment. Penalties of up to four times the stamp duty payable may also be imposed for late or non-stamping of documents.

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