Singapore Budget 2019 Presented to Parliament

Singapore Finance Minister Heng Swee Keat delivered the Budget for 2019 on 18 February 2019. The tax-related measures announced as part of the budget speech include:
- As part of the Bicentennial Bonus, a Personal Income Tax Rebate of 50% of tax payable will be granted to all tax resident individuals for YA 2019 (i.e. for income earned in 2018). The rebate will be capped at SGD 200 per taxpayer …