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Budget Speech 2007
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Reviewing Asset Taxes

 

5.21 We mentioned in 2006 that we will review our asset taxes, including estate duty. I have decided to postpone a verdict on this. There have been many calls also to rationalise the structure of estate duty on residential properties and other assets respectively. I prefer to take this together with the decision on whether we will retain estate duty.

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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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