Singapore Budget 2015 - #32
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- Category: Singapore News
To help Singaporean families with their costs of living, the following measures will be implemented under Singapore Budget 2015.
1. Enhancements to GST Voucher Scheme
2. Service and Conservancy Rebates
3. Personal Income Tax Rebate
4. Carbon Emissions-Based Vehicle Scheme (CEVS)
5. Petrol Duty and Road Tax Rebate
6. Early Turnover Scheme
7. Foreign Domestic Worker (FDW) Levy
Source: MOF #SGBudget2015
Singapore Budget 2015 - #31
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- Category: Singapore News
To foster a spirit of giving, we will:
1. Enhance Tax Deduction.
For donations made in this Jubilee Year, tax deductions will be increased to from 250% to 300%. We will also extend the 250% tax deduction for donations, which will expire at the end of 2015, for another three years till the end of 2018.
2. Encourage a Culture of Giving from Young.
We will donate $20,000 to each school to use for the causes that they identify. This initiative will be extended to Polytechnics and ITE, for which the Government will donate $150,000 and $250,000 respectively on behalf of each institution.
Source: MOF #SGBudget2015
Singapore Budget 2015 - #30
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- Category: Singapore News
In order to continue our efforts to build a bright future for our next generation, we will make investments in the early years of a child’s development and pay attention to strengthening opportunities for lower and middle income students.
Singapore Budget 2015 will introduce the following initiatives:
1. Enhancing Quality and Affordable Chilecare
2. Top-up to the Child Development Account (CDA)
3. Fully Subsidise Exam Fees for All Singaporean Students
4. Top-up to Edusave
5. Enhance Financial Assistance
6. Top-up to Pose Secondary Education Account (PSEA)
Source: MOF #SGBudget2015
