Singapore legislation

Regulation 8

of Income Tax (Relief and Deduction under Section 39) Rules 2021

Regulation 8

Deduction limits for section 39(3)(d) and (3A)(d) of Act

Subregulation 1

For the purposes of allowing a deduction to a claimant for the year of assessment 2023 or a subsequent year of assessment under section 39(3) of the Act, the deduction limit for section 39(3)(d) of the Act is $8,000.

Subregulation 2

For the purposes of allowing a deduction to a claimant for the year of assessment 2023 or a subsequent year of assessment under section 39(3A) of the Act, the deduction limit for section 39(3A)(d) of the Act is $8,000.