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[JUST IN] đź’°There will be a personal income tax rebate of 50% for the Assessment Year 2024, capped at S$200.
The rebate will cost the government S$350 million.
The income threshold for dependant-related tax reliefs will also be raised from S$4,000 to S$8,000 with effect from Assessment Year 2025. #SGBudget2024
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Quote: capped at S$200.
Go and di.e lah
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(16-02-2024, 05:33 PM)klat Wrote: 
Go and di.e lah
Not good meh
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(16-02-2024, 05:33 PM)klat Wrote: Go and die lah
The MIW really believe that Sinkies are monkeys who are attracted by peanuts. LOL!
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Cost the govt..
Money that they suck from us in the first place
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Really dun understand 50% rebate but cap at $200??
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(16-02-2024, 07:35 PM)Bigiron Wrote: Really dun understand 50% rebate but cap at $200??
If your tax payable is $100, you just need to pay $50. If your tax payable is $2000, you need to pay $1800.
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$200 cap . . . Mostly go to middle income workers
The rebate will cost the Govt $350 Million
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If they can stop their stupidity in redoing gardens or bus-stops within 2 years duration
Can already save more than that!
Why do we need 5 Mayors and 80 PAP Ministers?Â
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• Bigiron
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Cap means what ? Tax 200000 only take 200????
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(16-02-2024, 07:48 PM)red3 Wrote: Cap means what ? Tax 200000 only take 200????
Zhun boh
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The 50% is for who ? And the $200 cap for who not every detail
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(16-02-2024, 07:43 PM)Ola Wrote: $200 cap . . . Mostly go to middle income workers
The rebate will cost the Govt $350 Million
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If they can stop their stupidity in redoing gardens or bus-stops within 2 years duration
Can already save more than that!
(16-02-2024, 07:48 PM)red3 Wrote: Cap means what ? Tax 200000 only take 200????
Actually, this shows our Singapore Govt is extremely poor..
tax rebate of 50% capped @ S$200 is pathetic
(This post was last modified: 17-02-2024, 02:16 AM by
Scythian.)
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The tax rebate should be 100% capped @ S$200
100% rebate will still costs Govt $350 millionsÂ
Silly wordings with placebo effect?
(This post was last modified: 17-02-2024, 02:29 AM by
Scythian.)
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