After the Singapore 2009 Budget statement, you must be interested to find out your benefits as household or business. The online calculators of household benefits and business benefits are here to help you out.
Business Benefits Calculator for 2009 Budget Initiatives
The Business Benefits Calculator allows you to find out the amount of benefits that your business will receive as a result of key initiatives announced in the 2009 Budget speech.
A comprehensive list of benefits that you might receive can be found here. These measures were announced during Budget 2009 as part of the Government’s effort to both ease the impact of the downturn on Singapore businesses and to lay the foundation for future economic growth.
The Calculator focuses on two measures: the Jobs Credit, and the Property Tax Rebate. The Jobs Credit scheme was introduced in the Singapore Budget 2009 to encourage businesses to preserve jobs in the downturn. It provides a significant incentive for businesses to retain existing workers, and where their business warrants, to employ new workers. This is a temporary one-year scheme for 2009.
In addition, the Government will provide a 40% property tax rebate for industrial and commercial properties for 2009. The Government strongly urges landlords to pass on the benefits of this rebate to their tenants.
Household Benefits Calculator for 2009
The Household Benefits Calculator allows you to find out the estimated total amount of benefits that you and your household stand to receive in 2009 (Jan – Dec 09). Just fill in your residence type, the number of people in your household and their particulars, to see an estimate of the total benefits that your household may receive.
If you would like to do the calculation offline, you may also download the Household Benefits Template ( pdf 113kb).