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Sunday, April 6, 2008

Income Tax Relief

Dear Mr. Tan,
The price of every thing has gone up. I believe that every one feels the pinch. This year, made people have to think about their household budget or personal budget. The relief that the Government gives to tax-payer has remained the same over the years. Do you think that the Government should raise the amount by 5% or more?

REPLY
The Government has been quite firm about not changing the income tax relief. They prefer to reduce the tax rates.

My personal view is that the income tax relief should be increased over the year, in line with inflation.

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