Singapore legislation
Clause 36
Clause 36
Remission of tax for year of assessment 2024
(1)
There is to be remitted the tax payable for the year of assessment 2024 by an individual resident in Singapore an amount equal to the lower of the following:
(a)
50% of the tax payable by that individual for that year of assessment;
(b)
$200.
(2)
The amount of such remission is to be determined by the Comptroller.