[JUST IN] 💰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
(16-02-2024, 05:33 PM)klat Wrote: [ -> ]
Go and di.e lah
Not good meh
(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!
Cost the govt..
Money that they suck from us in the first place
Really dun understand 50% rebate but cap at $200??
(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.
$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!
Cap means what ? Tax 200000 only take 200????
(16-02-2024, 07:48 PM)red3 Wrote: [ -> ]Cap means what ? Tax 200000 only take 200????
Zhun boh
The 50% is for who ? And the $200 cap for who not every detail
(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
The tax rebate should be 100% capped @ S$200
100% rebate will still costs Govt $350 millions
Silly wordings with placebo effect?