SINGAPORE: The government has introduced a slew of measures to help Singaporeans cope with the rising cost of living.
These measures include income tax rebates, extra GST Voucher and Service & Conservancy Charges rebates.
Taxpayers who are 60 years and above will enjoy a higher income tax rebate of 50 per cent, capped at S$1,500.
Those who are below 60 years old will get a rebate of 30 per cent, which is also capped at S$1,500.
These
measures were announced by Deputy Prime Minister and Finance Minister
Tharman Shanmugaratnam in his Budget Statement on Monday.
Singaporeans will also get an extra one-off GST Voucher on top of the permanent voucher.
The government will give rebates of one to three months for Service & Conservancy Charges.
One-
and two-room HDB households will receive three months of rebates for
2013, while three- and four-room households will get two months of
rebates.
The concessionary foreign domestic worker levy will be
lowered for families with young children, elderly dependents and persons
with disabilities.
The levy will be reduced from S$170 to S$120 per month.
- CNA/fa
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