Forum
Last updated: 

Do people who are handicapped excempted to tax?

A friend of mine is handicapped since birth. He just came here to Singapore to be a resident. He is planning to stay here for a long time. In his country being handicapped gives him discounts, exemptions, and other privileges. Can he also get those privileges here? He does not know where to get those.

User comments

  • user image

    No Name

    Singapore is a small country that is also progressive when it comes to the economy. There are many people who are handicapped at the same time working. Even they are handicapped, they are also given taxes. Remember that even when you but food and other things, tax is applied. Those who are PWD's can get discounts, still depending on the stores' policy

    2020.03.24 15:44

Please leave your knowledge and opinion!

Related Forums

How does wage garnishment work?

When I loan from someone are they suppose to add taxes?

will i still pay taxes when my company went bankrupt?

What law do taxpayers violate when they ask for more?

Middleman to contact all the person in debt

Is the taxes that have been added to me is legal?

Related Reviews

Configuration options and tools for traders to customize the platform to meet their needs

CMC Markets is a great choice for forex and CFD traders. The company’s Next Generation platform is powerful and versatile, with plenty of configuration options and tools for traders to customize the platform to meet their needs. With nearly 10,000 instruments to choose from across nearly every asset class and global market, CMC Markets is a great choice for traders looking for a multi-asset solution and broad range CFDs and forex pairs at competitive prices.

CMC Markets Forex / CMC Markets Singapore

Offers better trading conditions for retail clients

iOCBCfx is a properly regulated Singaporean forex broker. Despite having a somewhat limited forex portfolio, when compared to other local forex brokers, it still offers better trading conditions for retail clients; lower deposit, higher leverage, even though much lower than that of larger international brokers, and tighter spreads. In some respect they are comparable to those of the global players present in Singapore and can turn out to be very helpful for those who wish to do business with a local broker.

iOCBC FX Platform / OCBC Securities

Saxo Bank offers trading of currencies, indices, equities, options, futures, ETFs, bonds, CFDs and commodities

Saxo Bank is a Forex Broker offering Forex Trading services via SaxoTrader Desktop, Mobile and Web trading platforms. Regarding orders execution model, Saxo Bank is a b-book broker (a market maker). Saxo Bank offers trading of currencies, indices, equities, options, futures, ETFs, bonds, CFDs and commodities. Saxo Bank is regulated by the Danish Financial Supervisory Authority. I have been using it for overseas equity and the fees are fair enough as per transaction was $4 for most of my trades. Nice mobile app, trades are executed faster, with a nice interface.

Saxo Markets Forex / Saxo Capital Markets

They offer a low brokerage fees with access to most overseas markets

They have a very much improved user interface compared to years ago. Standard chartered bank is really making an effort to compete with other brokerages and offers no custodian fees, while Shares are not kept in CDP. They offer a low brokerage fees with access to most overseas markets. However, their foreign exchange rate is not very good but the make up with a good watch list and price quote interface. You are able to see buying power, portfolio and stock info.

Standard Chartered LiveFX / Standard Chartered Bank Singapore

They also offer free investment classes monthly at their different outlets

The offer a good prepaid account fees as compared to other platforms. I have been using it for a while to buy dividend stocks (ie. STI index), as it is simple to put in orders. They also offer free investment classes monthly at their different outlets where you can learn more about how to use the Phillip POEMS platform, or other beginner investment knowledge.

Phillip Futures Forex / Phillip Futures

I keep missing my entry points in trades due to the error message and connection issues

Since I signed up with them a little over a week ago it’s been issue after issue. From the pairs malfunction to the system always being offline, not connected to MT4. I keep missing my entry points in trades due to the error message "Not Connected" & "Off Quotes" indicating they have connection issues. I'm very pissed off and I want my money back in order to find a new broker because this is beyond ridiculous.

IG Forex / IG Asia