Estate duty abolished for locals as well as foreigners. Singapore to become world's new wealth accumulation centre.
One-time income tax rebate of 20% (capped at $2000) for all resident taxpayers for Year of Assessment 2008.
Government to top up the Medisave accounts of all Singaporeans aged 51 and above by up to $450 this year.
All Singaporeans to receive a Growth Dividend from government ranging from $100 to $450 depending on their income level.
Full-time students pursuing higher education to receive scholarships ranging from $800 to $1600 per annum.
Government to subsidize part-time studies of Singaporeans for up-to 40%.
To learn more on Singapore Personal tax, http://www.rikvin.com/
To learn how you can migrate to Singapore to operate your business, http://www.rikvin.com
