There will be a personal income tax rebate of 50% for the Assessment
#1

[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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#2

Quote: capped at S$200.


Rotfl


Go and di.e lah

8Umbrella Umbrella
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#3

(16-02-2024, 05:33 PM)klat Wrote:  Rotfl


Go and di.e lah

Not good meh
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#4

(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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#5

Cost the govt..
Money that they suck from us in the first place

You have 4 user(s) on ignore
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#6

Really dun understand 50% rebate but cap at $200??
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#7

(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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#8

$200 cap . . . Mostly go to middle income workers

The rebate will cost the Govt $350 Million

-----------------------------------------------------

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? 
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#9

Cap means what ? Tax 200000 only take 200????
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#10

(16-02-2024, 07:48 PM)red3 Wrote:  Cap means what ? Tax 200000 only take 200????

Zhun boh
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#11

The 50% is for who ? And the $200 cap for who not every detail
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#12

http://tinyurl.com/2bwf539s
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#13

(16-02-2024, 07:43 PM)Ola Wrote:  $200 cap . . . Mostly go to middle income workers

The rebate will cost the Govt $350 Million

-----------------------------------------------------

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
Shutup
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#14

The tax rebate should be 100% capped @ S$200

100% rebate will still costs Govt  $350 millions 

Silly wordings with placebo effect?
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