Singapore Government
Singapore Budget 2001
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Budget 2001
   

 

 
 
Budget Speech 2001
 
PART I: REVIEW OF THE ECONOMY
     
 

 

Economic Performance In 2000

 
 

 

 
 

 

Outlook For 2001

 
     
PART II: THE FY2001 BUDGET
 

 

 
 

 

FY2000 Budget Outturn

 
 

 

 
 

 

Changes To The Budget Presentation

 
 

 
 

 

Entering The New Millennium : A Place For Everyone

 
 

Objectives of the Budget

 
 

Projected FY2001 Fiscal Position

 
 

Expenditure Priorities

 
 

 

 
 

 

Positioning Singapore For The New Era Of Growth

 
 

Creating a Framework to Stay Competitive

 
 

Education and Training

 
 

Deregulation-Priming Our Local Enterprises for the Global Economy

 
 

Managing the Restructuring of the Economy

 
 

Connecting to the Global Economy

 
 

Public Services for the New Economy

 
   
PART III: TAX CHANGES AND OTHER PROVISIONS
     
 

Achieving Our Objectives

 
 

Creating the Best Environment for Business

 
 
• 

A New Corporate Tax Regime

 
 
• 

Raising Productivity - the CSOP Scheme

 
 
• 

Exemption of Withholding Tax for Software Payments

 
 
• 

Writing Down Allowances for Intellectual Property

 
 
• 

Reduction in Property Tax Rate

 
 

Giving a Boost to Individuals

 
 
• 

Reduction in Individual Income Tax Rates

 
 
• 

Raising the Tax Exemption Limit for CPF Contributions by Self-Employed

 
 
 
 
 
 
 

Sharing the Budget Surplus

 
 
• 

CPF Top-ups

• 

Personal Tax Rebate

• 

Utilities Save

• 

S & C Charges and Rental Rebates

 

The Singapore Allowance

 

Encouraging Philanthropy-Tax Deduction for Shares Donation

 

Transfers

 
   
 
 
 
 
 

Duties on Cigarettes

 
   
 
 

Conclusion

 
   
 

ANNEXES

 
 
 
 

ANNEX 1 :Company Stock Option Scheme

   
 

ANNEX 2 :Income Tax Rates

 
 
ANNEX 3 :Rebates for Service and Conservancy
 
  Charges (S & CC) and Rental Payments
 
 
 
 
   
     
 
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