Singapore – Budget 2014 Brings Changes to Central Provident Fund, Tax Reliefs

Singapore – Budget 2014 Brings Changes to Central...

Singapore’s recently-presented 2014 Budget Statement includes proposals impacting individuals such as increases in the contributions due to the Central Provident Fund for employers as well as employees, higher tax relief for resident taxpayers supporting their parents and other specified dependents, and the repeal of certain tax provisions.

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