Singapore Government
Singapore Budget 1999
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Budget 1999
   

 

 
 
Budget Speech 1999
 
Part I: Review Of The Economy
   
 

Economic Performance In 1998

 

 

 

Outlook For 1999

 

Global Financial Market Volatility

 
 

Health of the US Economy

 
 

Economic Recovery in Japan

 
 

Socio-Political Developments in the Region

 
 

 

 

Managing The Crisis

 

Cut Business Costs

 
 

Ensure Access to Working Capital

 
 

Market Diversification

 
 

Investment Promotion

 
 

Capabilities Building

 
 

 

 

Conclusion

   
Part II: The FY99 Budget
   
 

Expenditure Policy

 

 

 

FY99 Expenditure Estimates

 

Operating Expenditure

 
 

Development Expenditure

 
   
Part III: Revenue And Tax Changes
   
 

Tax Changes For Companies

 

Corporate Tax Rebate

 
 

Tax Incentives to Promote the Bond Market

 
 

Tax Exemption on Income Earned by Primary Dealers in Singapore Government Securities (SGS) from Trading in SGS

 
 

Tax Exemption Scheme for Syndicated Facilities

Tax Incentive to Promote Boutique Fund Management

 
 

Tax Deduction for General Provisions Made by Finance Companies

 
 

Tax Exemption for Global OHQs

 
 

Approved Contract Manufacturer and Trader (ACMT) Scheme

 
 

Waiver of GST for Goods Removed from Bonded Warehouse

 
 

Extension of Tax Incentive for Exhibition Organisers to Cover International Conferences

 
 

Tax Exemption for Floating Production Storage Offloading Vessel and Floating Storage Offloading Vessel

 
 

Extension of One-Year Accelerated Depreciation Allowance Scheme to Replacement of Diesel-Driven Vehicles

 
 

 

 

Tax Changes For Individuals

 

Personal Tax Rebate

 
 

Special Rebate on Town Council Service and Conservancy Charges

 
 

Extension of GST-Related Offsets and Rebates for Two Years

 
 

Offset Package for Utilities Rates Revision

 
 

Tax Deduction of Certain Educational Expenses for Individuals

 
 

 

 

Other Tax Changes

 

Property Tax Rebate

 
 

Stamp Duty For Contract Notes

 
 

 

 

Conclusion

   
 
   
     
 
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