SINGAPORE – Single family offices (SFOs) that have applied for and received tax incentives under the Section 13O and 13U schemes employ about 1,400 Singaporeans and permanent residents (PRs) as at June 2022. Read more at straitstimes.com.
SINGAPORE – Single family offices that have applied for and received tax incentives under the Section 13O and 13U schemes employ about 1,400 Singaporeans and permanent residents as at June 2022.
Mr Gan Thiam Poh had asked for details on the number of jobs that SFOs have created in the local economy and the salary range of the people employed by them.“These are generally well-paying jobs,” he said, adding that two-thirds of those employed “earned more than $5,000 per month”. Mr Tharman, who is also the outgoing chairman of the Monetary Authority of Singapore , said the data is based only on SFOs that have applied for and received tax incentives under Section 13O and 13U.
Ms Mariam Jaafar asked whether a study has been done to quantify the contributions of family offices set up in the past three years.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Man in Nottingham found guilty of murdering mum and daughters by torching family’s flatHe claimed he thought the property was empty, but the court heard he did nothing when he heard screaming. Read more at straitstimes.com.
Read more »
The gist: Survivors of family violence to be better protectedTwo separate Bills on family matters were passed on Tuesday. Here are the key takeaways. Read more at straitstimes.com.
Read more »
Protecting survivors of family abuse: 4 key takeaways from Singapore ParliamentTwo legislation amendments to better protect survivors of family violence were discussed in separate Bills in Singapore Parliament. Here are the key takeaways:
Read more »
MAS to adjust tax incentives to encourage single family offices to invest 'more purposefully' in SingaporeThe changes include recognising a broader range of investments in Singapore as well as overseas climate-related investments.
Read more »
Richie Koh gets fluent in Hokkien for new dialect drama Whatever Will Be, Will BeThe family drama, in Hokkien, also stars Chen Hanwei, Kym Ng, Yvonne Lim and Hong Huifang.
Read more »
Family dispute descends into public violence in YishunThe police are investigating a fight that broke out in Yishun during the wee hours of Sunday (July 2). Stomp contributor E shared a video of the incident that occurred at the open-air carpark of Block 133 Yishun Street 11 at around 5.10am. Based on the video, the physical altercation seemed to mainly involve two men, though a woman appeared...
Read more »