Budget 2024: Personal income tax rebates, adjustments to annual value bands for property tax | Video
To address concerns about the cost of living, there will be a personal income tax rebate of 50 per cent for the Year of Assessment 2024, capped at S$200. Also, the annual value (AV) bands of owner-occupier residential property tax rates will be raised. Deputy Prime Minister and Finance Minister Lawrence Wong detailed the changes in his #Budget2024 speech in Parliament on Friday (Feb 16).
To address concerns about the cost of living, there will be a personal income tax rebate of 50 per cent for the Year of Assessment 2024, capped at S$200. Also, the annual value (AV) bands of owner-occupier residential property tax rates will be raised. Deputy Prime Minister and Finance Minister Lawrence Wong detailed the changes in his #Budget2024 speech in Parliament on Friday (Feb 16).
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