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Singapore Budget 2006
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Budget Speech 2006
   

Additional Tax Relief for NS Key Command and Staff Appointment Holders

 

4.29 Second, RECORD IV has recommended doing more for NS key appointment holders. They occupy critical command and staff posts. They bear heavier responsibilities in leading their units, keeping the SAF operationally ready, and transforming the SAF into a third-generation fighting force. They are called up for more In-Camp Trainings (ICTs) and serve longer during each ICT than other NSmen. I have therefore decided to grant NS key appointment holders an additional tax relief of $2,000 over and above the tax relief that they would normally receive as NSmen.

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    ANNEXES
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      Annex A : Tax Changes to Promote the Financial Sector
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      Annex B : Tax Changes to Grow Dynamic Maritime and Logistics Industries
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      Annex C : Review of Record-Keeping Periods
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      Annex D : Review of Industrial Building Allowances
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      Annex E : Budget for FY2005 and FY2006
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