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Budget Speech 2007
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Abolishing Cess

 

5.13 First, I will remove the current broad-based Cess that applies to F&B outlets. For those who are not familiar with this, it is the second of the three ‘pluses’ on the bill you get at a restaurant. This will cost the Government about $30 million a year. Cess has played a role in helping to fund the promotion of tourism. The Government will study more targeted ways to use Cess in future, where necessary, to fund specific tourism events.

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    ANNEXES
      ANNEX A : Budget 2007 Tax Changes
      ANNEX B : CPF Restructuring for Low-wage Workers and Workfare
      ANNEX C : SME Rebate Scheme
      ANNEX D : New Customs and Excise Duties for Beer and Stout
      ANNEX E : Impact of GST Offset Package on Households
      ANNEX F : Budget for FY2006 and FY2007
 
 
 
   
     
 
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