Eye on:
Older Workers - More subsidies for firms that hire older Singaporeans.
Elderly/Housing - Silver housing bonus for downgraders
Health Care - More affordable long-term care for patients
The disabled - Hire them and get payout
Low income - Financial aid, school funds, bursaries for students, GST vouchur scheme for the needy
Vehicles - Tax for greener diesel cars slashed, scrapped 2% transfer fee for used vehicles
Corporate - Companies get more help to boost output
2011 finances - Govt posts surplus of $2.3b
Revenue Collection:
- Operating revenue
- Coporate income tax
- Personal income tax
- Withholding tax
- Statutory Board Contributions
- Asset taxes
- Customs and excise taxes
- Goods and services tax
- Motor Vehicles related taxes
- Vehicle Quota Premiums
- Betting taxes
- Stamp duty
- Other taxes
- Other fees and charges
- Others
Singapore Budget 2012
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