Singapore legislation
Regulation 3
of Property Tax (Owner-Occupied Residential Premises) (Remission) Order 2022
Regulation 3
Remission of property tax for owner‑occupied residential premises
Subregulation 1
There is remitted in accordance with this paragraph an amount of tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2023 in respect of every residential premises that are owner‑occupied.
Subregulation 2
The amount of tax remitted under sub‑paragraph (1) is the lower of the following:
(a)
60% of the tax payable in accordance with paragraph 6 of the Residential Premises Order for the year 2023 in respect of those residential premises;
(b)
$60, pro‑rated according to the period in the year 2023 that those residential premises are owner‑occupied.