Tax Changes

Summary

FAQ/ Related Information

40% Property Tax Rebate for Owner-Occupied Residential Properties

Owner-occupied residential properties will be granted a rebate of 40% on the property tax payable (after existing rebates) for calendar year 2009.

e-Tax Guide on Property Tax Rebate ( Residential) 

FAQ 

Related information
-How much property tax do I need to pay?
-How is my property tax computed?

40% Property Tax Rebate for Commercial and Industrial Properties

Owners of commercial and industrial properties will be granted a rebate of 40% on the property tax payable for calendar year 2009.

e-Tax Guide on Property Tax Rebate (Commercial and Industrial) 

FAQ 

Related Information
- How is my property tax computed? 
- How much property tax do I need to pay?  
- What is property tax? 
- If you sell your property

Property Tax Deferral for Land Approved For Development for Businesses

Business owners may apply for property tax deferral for land approved for development if they satisfy the eligibility criteria. The period of the property tax deferral shall be from 22 Jan 2009 to 21 Jan 2011.

e-Tax Guide on Property Tax Deferral 

FAQs 

Application form 

Related Information
- What is property tax 
- When to pay 
- Property Tax Deferral for Land Approved for Development (Budget 2009)

Deferment of Increase in Assessment Rate for Hotel Rooms

The increase in rate from 20% to 25% of gross room receipts with effect from 1 January 2009 will be deferred for 1 year. The rate for 2009 will remain at 20% of gross room receipts.

e-Tax Guide for Hotel Owners and Operators