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The Singapore government has argued that reducing the rate of GST would benefit the wealthy more than the poor, as the bulk of GST is collected from foreigners and higher-income earners. In 2010, 84.2% of all GST paid was collected from foreigners and the top 40% of Singaporean households, while the bottom 20% of households contributed only 4% ...
National standard format is yyyy-mm-dd. [161] dd.mm.yyyy format is used in some places where it is required by EU regulations, for example for best-before dates on food [162] and on driver's licenses. d/m format is used casually, when the year is obvious from the context, and for date ranges, e.g. 28-31/8 for 28–31 August.
6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
In 2024, a law aimed at reducing the national debt featured return to two rates: a standard rate of 21% and a reduced rate of 12%. Goods and services were redistributed among different tax rates. There was only one services that shifted from the standard rate to the reduced rate and that were non-regular land passenger bus services.
UOB economist Barnabas Gan expects Singapore GST will rise to 9% from as early as 1 July, adding revenue of S$1.8 billion for 2022.
an abbreviated format from the "Acceptable date formats" table, provided the day and month elements are in the same order as in dates in the article body; the format expected in the citation style being used (but all-numeric date formats other than yyyy-mm-dd must still be avoided).
General sales tax; Goods and Services Tax, the name for the value-added tax in several jurisdictions: . Goods and services tax (Australia) Goods and Services Tax (Canada) Goods and Services Tax (Hong Kong)
Example: 2006 is rendered as either 公元2006年 or 民國95年. The day of the week is often appended to the date and commonly enclosed in parentheses, such as 2006年1月29日 (星期日). In speech, the date is spoken in the same format as it is written. 2006 (èrlínglíngliù) 年 (nián) 1 (yī) 月 (yuè) 29 (èrshíjiǔ) 日 (rì ...