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Finance (Income Taxes) Bill · cl 14

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cl 14Amendment of section 15

(1)

In the ITA, in section 15 —

(a)

in subsection (1)(i), after sub‑paragraph (iic), insert —“(iid)such payment made on or after 1 January 2026 by a platform operator on behalf of a platform worker of the platform operator that is directed to be paid to the medisave account of that platform worker in accordance with section 13B of the Central Provident Fund Act 1953;”; and

(b)

in subsection (2), replace “or 14U” with “, 14U or 14ZK”.

(2)

The amendment in subsection (1)(a) applies for the year of assessment 2027 and each subsequent year of assessment.