by Abriel | Feb 20, 2018 | 2018, Singapore Budget 2018, Sustainable Cities & Communities
A tax deduction scheme for donations to charities will be extended for three years, until December 2021, to foster the spirit of giving. For every $1 donated to a charity that is an Institution of a Public Character (IPC), donors get $2.50 deducted off their taxable...
by Abriel | Feb 20, 2018 | 2018, Singapore Budget 2018, Sustainable Cities & Communities
When tour guide Chandra Mogan, 73, realised he was unable to care for his disabled wife any longer, he decided to admit her to a nursing home. But that just caused more distress. Madam Kaliammal Narayanasamy Krishnasamy, 68, has Parkinson’s disease, cannot walk...
by Abriel | Feb 20, 2018 | 2018, Decent Work & Economic Growth, Singapore Budget 2018
Lower-income families are among groups who could be hit hardest when the GST goes up from 7% to 9% sometime between 2021 and 2025. Finance Minister Heng Swee Keat on 19 February 2018 said the hike is to help pay for “recurrent needs”, such as security...
by Abriel | Feb 20, 2018 | 2018, Decent Work & Economic Growth, Singapore Budget 2018
Goods and Services Tax (GST) will rise from 7% to 9%, but it will take effect only some time from 2021 to 2025, depending “on the state of the economy, how much our expenditures grow and how buoyant our existing taxes are”, Finance Minister Heng Swee Keat...
by Abriel | Feb 20, 2018 | 2018, Affordable & Clean Energy, Singapore Budget 2018
PacificLight is one of the newest kids on the power generation block. Its $1.2 billion plant on Jurong Island began operating four years ago and is fitted with relatively new equipment, making it more energy efficient than older plants. Since then, the firm has spent...
by Abriel | Feb 20, 2018 | 2018, Good Health & Well-being, Singapore Budget 2018
The Ministry of Social and Family Development (MSF) will hand over senior-related social support services to the Ministry of Health (MOH) from April 2018 in a move to streamline care for the elderly. These services include managing senior activity centres, befriending...
