Revenue policies

Incentives will be available towards capital investments above $1 million on buildings that are five years or older. Picture: FILE

Direct tax measures – The current Residential Interest Withholding Tax threshold (RIWT) is increased from $16,000 to $30,000; – 150 per cent tax deduction on salaries or wages paid to employees during paternity and family care leave; – To encourage more ICT activities, the definition of ICT in the Income Tax Regulations will be amended […]

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