Singapore legislation

Clause 35

Amendment of section 39

In the principal Act, in section 39 —

(a)

in subsection (1)(b), replace “suffering from” with “had”;

(b)

in subsection (2), before paragraph (d), in the sub‑heading, replace “handicapped spouse” with “spouse with physical or mental infirmity”;

(c)

in subsection (2), before paragraph (j), in the sub‑heading, replace “handicapped siblings” with “siblings with physical or mental infirmity”;

(d)

in subsection (2)(p), replace sub‑paragraph (iii) with —“(iii)either —

(A)

where the year of assessment is between the year of assessment 2005 and year of assessment 2023 (both years inclusive) — was not carrying on any trade, business, profession, vocation or employment in the year preceding the year of assessment; or

(B)

where the year of assessment is the year of assessment 2024 or any subsequent year of assessment — did not derive income that exceeds an aggregate of $4,000 from any trade, business, profession, vocation or employment or a combination thereof in the year preceding the year of assessment,”; and

(e)

in subsection (11), replace “In” with “For the year of assessment 2024 and any preceding year of assessment, in”.

Read in full context — Income Tax (Amendment) Bill →