Live Report: Singapore Budget 2015

3rd & 7 37yd

Carbon Emissions-Based Vehicle Scheme extended for 2yrs to 2017 with refinements. #SGBudget2015

by MOFsg via twitter 2/23/2015 9:54:26 AM
Taxi drivers will also take a beating w the petrol duty. We are given no say in policies that affect our lives. And this duty is to b implemented immediately, w no consideration on the livelihoods of taxi drivers who slog hard everyday on the roads

by sg sg 2/23/2015 9:54:26 AM
(2/2) and made available to businesses that the economy wishes to groom and nurture - Tay Hong Beng #SGBudget2015

by KPMG Singapore via twitter 2/23/2015 9:54:22 AM
Personal income tax rebate of 50% capped at $1,000 for YA2015 #SGBudget2015

by MOFsg via twitter 2/23/2015 9:54:14 AM
The next and most critical step is to ensure that these schemes are implemented (1/2) #SGBudget2015

by KPMG Singapore via twitter 2/23/2015 9:54:02 AM
1- and 2-rm HDB households to receive 3 mths of S&CC rebates; 3-and 4-rm households to receive 2 mths of rebates #SGBudget2015

by MOFsg via twitter 2/23/2015 9:54:02 AM
I want to opt out for the additional 1% CPF thing..i don't want more money to be locked away in CPF.
My last post too hard for it to be published? i make it simpler as above

by KenzoNick 2/23/2015 9:53:57 AM
Complain about GST so much. Do you guys even know the GST in other countries?
Japan - 8%
Australia - 10%
Switzerland - 8%
Sweden - 25%

by Radicals SG stop complaining 2/23/2015 9:53:50 AM
Fair budget - long-term view and expects Singaporeans to work hard to remain competitive. Don't expect handouts!

by ong 2/23/2015 9:53:47 AM
#SGBudget2015 - Overall, a forward looking budget with plenty of assistance for SG businesses - Tay Hong Beng #SGBudget2015

by KPMG Singapore via twitter 2/23/2015 9:53:35 AM
Enhancement to welfare schemes for SG's elderly bold step to narrow perceived wealth gap - Tax Partner, Gordon Lawson #SGBudget2015

by KPMG Singapore via twitter 2/23/2015 9:52:48 AM
Make it a fair society.. Hard working singaporeans who make higher income not only pay higher income tax, but also property tax, etc. However, I see a number of foreigners, who marry singaporeans and they dont work...simply invest their money globally, based out of Singapore, as there is no capital gains tax here and live off Singaporeans, by paying zero tax. Why is the Govt. not taxing such foreigners, who are making way more money thru trading and other investments, whilst Singaporeans are not spared to pay taxes? I think, all foreigners who live here, have to pay taxes, to avail of the infarstructure that the Govt. builds using tax payer money. So, there has to be a minimum tax payable....else, do not renew their visas

by James 2/23/2015 9:52:46 AM
Tax increases for the top 5% of taxpayers but the good news is the change will only take effect in YA2017 - @BJOoi #SGBudget2015

by KPMG Singapore via twitter 2/23/2015 9:52:42 AM
Tharman has ended his Budget speech.

by Yahoo Singapore 2/23/2015 9:52:40 AM
More can be done in this budget. Very disappointed.

by Good Luck Singapore 2/23/2015 9:52:38 AM
Giving rebates on road taxes, while taking money from additional duties on petrol? Nice.....very nice.....

by Derrick Tan 2/23/2015 9:52:36 AM
Will diesel be impacted by the tax that DPM announced?

by Concerned Citizen 2/23/2015 9:52:34 AM
300 is not enough

by Good Luck Singapore 2/23/2015 9:52:33 AM
the higher we earn, the more expenses we have... everything is so expensive! I am newly married and looking at the bills, I get scared! How do government expects young couples to have kids when everything is so expensive! I don't get why Conservancy Charges should be so expensive, all of us are paying.. And where is such BIG part of our money going to when foreign workers who sweep and wash our places are paid so low???

by no words 2/23/2015 9:52:30 AM
A tax rebate of 50% for the sandwich class sounds great but the cap of $1,000 is much lower than in previous Budgets - @BJOoi #SGBudget2015

by KPMG Singapore via twitter 2/23/2015 9:52:03 AM
Seniors aged >=65 living in HDB will get a further $300 for GSTV – Seniors’ Bonus. Total in 2015: $900 #SGBudget2015 http://pbs.twimg.com/media/B-hTFsdCMAAu1N8.jpg

by MOFsg via twitter 2/23/2015 9:51:41 AM
GST taxes the rich, i totally agree with Jason.
The rich spends $80,000 on a bag. 10% of them do that each month. How many poor need to spend on necessities to even hit 80k.

by Radicals SG stop complaining 2/23/2015 9:50:50 AM
so suggesting gst to be immplemented only to items maybe costing more than 50k? it can be a way to tax the rich

by Jason 2/23/2015 9:50:09 AM
Tharman: Excluding funds being set aside for future investments, the budget for 2015 will be quite close to balance.

by Yahoo Singapore 2/23/2015 9:49:58 AM
Yahoo Singapore
@YahooSG
#SGBudget2015: I will raise personal income tax rates of top income earners, this will take effect in 2017: DPM http://t.co/s3kWj3O8SA
Feb. 23, 2015
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Yahoo Singapore
@YahooSG
#SGBudget2015: Personal income tax for those earning above $320,000 to increase by 2%: DPM http://t.co/s3kWj3O8SA
Feb. 23, 2015
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mrbrown
@mrbrown
YA2017: personal income tax for high earners will rise. #SGBudget2015 Dun dun duuuuun. Rich people now sian a bit.
Feb. 23, 2015
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1 of 3
by Yahoo Singapore 2/23/2015 9:49:57 AM
Petrol duties increase affect everybody, goods need to be transported, people need to be moved, so transport company will increase their cost and ALL will be affected, not only car owner.

by Elder 2/23/2015 9:49:51 AM
Tharman: A high-income earner with income of $800k will see his tax rate increase from 16% to 17.4%, additional tax payable of $11k.
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What is $11k to a high income earner earning $800k? It is merely an increase of 1%.... Oh Maths!!

by Singaporean 2/23/2015 9:49:50 AM
Tharman: When we put it all together (higher income tax rates for high-income earners and inclusion of Temasek in NIR framework) will provide additional revenues of 1% of GDP annually for the next five years.

by Yahoo Singapore 2/23/2015 9:48:53 AM
Gst Voucher for this coming !st August Is $900 for age 65 and above $300 for low Income Singaporean. Better than nothing.

by Johan Koh 2/23/2015 9:48:53 AM
Is the top 5% including Ministers?

by verifrank2u 2/23/2015 9:48:50 AM
Just be happy lor. Don't like it here. you always have a choice.
they dont chain you in this island. :)

by Hahahahaha 2/23/2015 9:48:33 AM
(3/3) posted overseas are encouraging news for SMEs thinking of venturing abroad - Tax Partner , @whchiu #SGBudget2015

by KPMG Singapore via twitter 2/23/2015 9:48:10 AM
Tharman: $1.5m / year income: increase from 17 - 19% -- increase of $25k per year

by Yahoo Singapore 2/23/2015 9:48:05 AM
(2/3) activities and enhanced double tax deduction for internationalisation scheme to cover salaries of Singaporeans … #SGBudget2015

by KPMG Singapore via twitter 2/23/2015 9:48:02 AM
$50 increase in GSTV-Cash across the board from 2015 onwards #SGBudget2015 http://pbs.twimg.com/media/B-hSPjMCQAA6BP0.jpg

by MOFsg via twitter 2/23/2015 9:48:00 AM
Tharman: A high-income earner with income of $800k will see his tax rate increase from 16% to 17.4%, additional tax payable of $11k.

by Yahoo Singapore 2/23/2015 9:47:55 AM
New international growth scheme of 10% concessionary tax rate from incremental income of qualifying … (1/3) #SGBudget2015

by KPMG Singapore via twitter 2/23/2015 9:47:54 AM
Can do something about the 5 yrs HDB MOP for flats purchased in open market and already paid in full? We need a bigger space with a newborn baby addition to the family. (back to the olden days)

by OES 2/23/2015 9:47:17 AM
Tharman: It'll affect the top 5% of income earners who earn at least $160,000 a year.

by Yahoo Singapore 2/23/2015 9:47:16 AM
Jason, there is more way than the GST. Like Taxing the rich

by Mervin 2/23/2015 9:47:12 AM
so vote for WP then no more cpf no more coe erp road tax etc? no need work oso and hdb comes for free?

by Jason 2/23/2015 9:47:07 AM
Everyone pays GST all right! So give everyone the GST rebate. In fact I think the high income earners should be given more GSTV because they spend more!

by miliyiew 2/23/2015 9:46:32 AM
#SGBudget Applaud the introduction of #SkillsFuture to all Singaporeans. The devil, however, is in the implementation. - Lennon Lee

by PwC Singapore via twitter 2/23/2015 9:46:26 AM
lol dont need work, just want $$ and retire early

by Vincent Li 2/23/2015 9:46:18 AM
The purpose of GST is actually to attract foreign investors in 1994 3%gst. In other countries, the government tax mainly on companies over the people.

by Ray 2/23/2015 9:46:16 AM