16 Feb '11, 9am

Budget: What help will middle-income earners get?: SINGAPORE: The concerns of the middle-income are expected to

Budget: What help will middle-income earners get?: SINGAPORE: The concerns of the middle-income are expected to

SINGAPORE: The concerns of the middle-income are expected to be addressed in the Budget this Friday, and observers hope it'll include rebates and tax reliefs to help this group cope with the rising cost of living. Some are also suggesting reviewing the criteria for financial assistance programmes for the sandwiched class. Help with education costs is top of the wish list for logistics manager William Song. Mr Song earns an annual income of about S$92,000, which is comfortable by most standards. Despite that, he says he feels the pinch from inflation, and worries about paying for enrichment classes for his two girls, aged 4 and 8 years old. Mr Song's elder daughter, born in 2001, is not eligible for the Baby Bonus scheme, although her younger sister is. The scheme awards cash gifts for children born on or after August 1, 2004, and those born after August 1, 2008 are given m...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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