Can I know what are the parenthood tax rebates when you have kids?
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The Parenthood Tax Rebate (PTR) is given to tax residents to encourage them to have more children. To qualify, you must be a Singapore tax resident who is married, divorced or widowed in the relevant year. You may use the PTR calculator to check your eligibility for PTR, which can be downloaded here (as an Excel spreadsheet): https://www.iras.gov.sg/IRASHome/uploadedFiles/IRASHome/Individuals/PTR%20calculator.xls Here is a general table that I retrieved from the IRAS website regarding PTR. You can read more about the PTR here : https://www.iras.gov.sg/IRASHome/Individuals/Locals/Working-Out-Your-Taxes/Deductions-for-Individuals/Parenthood-Tax-Rebate--PTR-/
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