Sec 1 n 2 Week 9 Gst Final

8/13/2019 Sec 1 n 2 Week 9 Gst Final

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It is not only the year of the Pig, it is the Year of the Golden Pig. According to Chinese

Foklore, this is an event that occurs once in every 600 years and will ensure that a ay orn

on this year will e!"erience a "ros"erous and wealthy life.

#his legend is so "o"ular, that $orea is e!"ected to have a %0& increase in irth rate this

year, which is a""arently 'uch needed as its irth rate is e!tre'ely low.


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#his week we(ll celerate the Chinese )ew Year

with "orcine words * words that have little

"iggies in their s"ellings.

+"iga'ic e"-i-GA-ik/ adective

1f or relating to a trait or ehavior that attracts a

'ate.

+!a'"les2 In an ani'al, right feathers or ig

antlers. In a hu'an, a s"orts car or a ig ust

Pigsney 2 PIG3-nee/ nounigsney 2 PIG3-nee/ noun

%. A sweetheart.%. A sweetheart.

4. An eye, es"ecially a s'all one.4. An eye, es"ecially a s'all one.


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GST rate to rise to 7% from July 1

The GST rate will be increased by twopercentage points to 7% from July 1st, saidSecond Finance inister TharmanShanmugaratnam in !arliament"

#n his $udget Statement on Thursday, he said itis prudent to implement the increase now in onestep, while the economy is still strong"


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GST rate to rise to 7% from July 1

This will raise additional reenues of &7'(million this year and &1"' billion per year goingforward" Singaporeans will be compensated witha substantial offset pac)age" r Tharman said

the GST *ffset !ac)age would cost theGoernment &+ billion in total oer fie years" *fthis, &1" billion will be gien out as cash in theform of GST -redits" .ll adult Singaporeans will

get them in annual instalments" The amount willdepend on a person/s assessable income and theannual alue of his home"


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#he average 5inga"orean household will get

several years( worth of G5# offset. ower inco'e

5inga"oreans will get arger G5# Credits of u" to

7%,000 in four instal'ents of 7480 "er year over fouryears.

#he to" inco'e grou", earning 7%00,000 a year, will get

7%00.

)5 'en and )5Fs will get an additional 7%00 of G5#

Credits. #he first instal'ent will e "aid out on 9uly %st,

at the sa'e ti'e as the G5# increase. 1lder

5inga"oreans will also get 'ore G5# credits.

#wo thirds of the 'oney will e given in cash and one-

third will go into their edisave on 9uly % each year.:tilities-5ave, 5ervice and Conservancy charges and

rental reates for eligile households will e

e!tended for five years to arch 40%4.


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#he govern'ent will also give a one-off "ro"ertyta! reate of u" to

7%00 "er year in 400; and 400< for all owner-occu"ied residential"ro"erties.

#his will enefit aout one 'illion "ro"erty

owners, with three and four-roo' =>? flatowners "aying little or no "ro"erty ta!.

For those with children, 7@00 will ecredited into a secondary school child(s "ost-

secondary education accounts in 400; and7@00 in 400


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ower inco'e fa'ilies with young childrenwill get increased financial assistance for

kindergarten and childcare. ore allowance too for "ensioners, their gross"ension ceiling raised fro' 7%%00 to 7%%@0 a'onth.

#he govern'ent will give 7%0 'illion to thePulic #rans"ort Fund and will also to" u"the CCC Co'Care Fund y 78 'illion overfive years.

#o hel" lower-inco'e fa'ilies, the

Govern'ent will "rovide 74 'illion over fiveyears to self-hel" grou"s and 7 'illion forgovern'ent-funded B1

"rogra''es.


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5u''arising, the second Finance

inister said 'ost 5inga"orean

households would receive the G5# 1ffset

"ackage.

#he enefits will e several ti'es the

e!tra G5# they will have to "ay eachyear.

Four roo'ers will receive an average of

seven years of offset while the lowest

inco'e households will receive the 'ost -for instance, two roo'ers will get %6

years( worth. * C)ADch


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he GS#he G5# of E& starts % 9uly 400E.

#o offset the G5# increase there will e G5# Credits which 5inga"oreans willhave to sign u" ust once to ualify for all fouryears of G5# Credits.

Pay'ent will e in annual instal'ents with a'ounts givenased on assessaleinco'e AI/ and the annual value AB/ of the "erson(s ho'e, which is used as

a "ro!y for wealth.

#hose who live in one- to three-roo' flats and have annual assessaleinco'es of 74@,000 or less, will receive instal'ents of 7480 "er year over four

years or 7%,000.#he rest of the "o"ulation will receive G5# Credits of 7;00, "aid out in 7400

"ackages "er year.

#hose living in a ho'e with annual value of 'ore than 7%0,000, ut with

inco'e of less than 7%00,000 a year, will receive 7@00 in G5# Credits.


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he GS

The top income group earning over $100,000 a year will get $100.

NSmen and NSFs, including those aged below 1, will also get an additional $100 o! "ST #redits, to recognise their

contributions to national security.

"rants will be given to !ully absorb the additional "ST on subsidisedhealthcare services.

"ST payable on school and miscellaneous !ees, as well as !ees and tuitiongrants at T%s, polytechnics and universities will be absorbed by

"overnment.

Town councils will absorb the additional "ST payable on Service and#onservancy #harges.


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THE EMPLOYER'S CONTRIBUTION TO CPFWILL INCREASE TO 14.5%, THIS IS BY 1.5PERCENTAGE POINTS AND WILL BE FROMJULY 200.

ONE PERCENTAGE POINT WILL GO TO THEORDINARY ACCOUNT AND 0.5 PERCENTAGEPOINT TO MEDISA!E.

THE INCREASE IN CPF WILL APPLY TO ALLSINGAPOREAN WOR"ERS, E#CEPT THOSEWHO ARE AGED ABO!E $5 YEARS AND EARN1500 OR LESS.


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WOR"ERS WHO ARE ABO!E $5 YEARS WILLHA!E THEIR EMPLOYERS' CPFCONTRIBUTIONS PHASED IN SO THAT THEFULL 14.5% WILL "IC" IN ONLY AT MONTHLYWAGE OF 1500.

EMPLOYEE CONTRIBUTIONS TO CPF WILL BEMORE GRADUAL TO INCREASE PEOPLE'S

TA"E&HOME PAY.


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#=+ CPF C1P1)+)# I )1 5#A# A# 0& A# #=+#=+ CPF C1P1)+)# I )1 5#A# A# 0& A# #=+AG+ +B+ A?1B+ 7800, =I+ #=+ F: A#+ 1F 40&AG+ +B+ A?1B+ 7800, =I+ #=+ F: A#+ 1F 40&I =AB+ #1 ?+ PAI> 1)Y =+) #=+ P+51) 5#A#5I =AB+ #1 ?+ PAI> 1)Y =+) #=+ P+51) 5#A#5+A)I)G A 1)#=Y AG+ 1F 7%,800.+A)I)G A 1)#=Y AG+ 1F 7%,800.

#=+ 1$FA+ I)C1+ 5:PP++)# I5/ 5C=++ I#=+ 1$FA+ I)C1+ 5:PP++)# I5/ 5C=++ I5:PP++)# #=+ AG+5 A)> 5ABI)G5 1F 1>+ 1-5:PP++)# #=+ AG+5 A)> 5ABI)G5 1F 1>+ 1-AG+ 1$+5 I#= A H:A)#: ?A5+> 1) AG+AG+ 1$+5 I#= A H:A)#: ?A5+> 1) AG+..

345%5S ("%6 (247% -8 9%(5S (N6 %(5NN" $1,000 (N6 :%SS,345%5S ("%6 (247% -8 9%(5S (N6 %(5NN" $1,000 (N6 :%SS,3:: 5%#%7% T;% 345F(5% S8'-8 9%(5S 3:: 5%#%7%T;5%%'?


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#he 'aority will get offsets euivalent to what they would#he 'aority will get offsets euivalent to what they wouldhave s"ent in G5# over five years.have s"ent in G5# over five years.

8@-year-old #ay $eng eong goes aout life with one thing on8@-year-old #ay $eng eong goes aout life with one thing onhis 'ind - how to 'ake ends 'eet.his 'ind - how to 'ake ends 'eet.

r #ay, the sole readwinner, works as a cleaner, earning ustr #ay, the sole readwinner, works as a cleaner, earning ust7E80 a 'onth.7E80 a 'onth.

#his goes into su""orting his fa'ily of five who currently lives#his goes into su""orting his fa'ily of five who currently livesin a two-roo' rental flat in =ougang.in a two-roo' rental flat in =ougang.


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3ith this, the Tay !amily can enAoy a higher subsidy !or Bindergarten3ith this, the Tay !amily can enAoy a higher subsidy !or Bindergarten!ees at $0 a month ' which is about /0 percent o! the monthly !ee.!ees at $0 a month ' which is about /0 percent o! the monthly !ee.

The government is epected to spend $C million a year onThe government is epected to spend $C million a year onimprovements to the Bindergarten and childcare !inancial assistanceimprovements to the Bindergarten and childcare !inancial assistanceschemes and the #om#are Fund.schemes and the #om#are Fund.

Separately, a $10 million &ublic Transport Fund will be set up inSeparately, a $10 million &ublic Transport Fund will be set up in4ctober to help the needy de!ray transportation epenses.4ctober to help the needy de!ray transportation epenses.

t will be disbursed over > years, but its implementation is still beingt will be disbursed over > years, but its implementation is still beingworBed out.worBed out.

(ll in, the o!!set pacBage is epected to see households through(ll in, the o!!set pacBage is epected to see households throughseveral years.several years.


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=r Tharman says@ D%ven a!ter the "ST o!!sets have been=r Tharman says@ D%ven a!ter the "ST o!!sets have beendistributed, 3orB!are will continue to provide signi!icant supportdistributed, 3orB!are will continue to provide signi!icant support!or low'income worBers on a continuing basis. This is why the!or low'income worBers on a continuing basis. This is why the

"ST, combined with 3orB!are income supplement scheme, is"ST, combined with 3orB!are income supplement scheme, isnot regressive. :ower'income worBers will end up better becausenot regressive. :ower'income worBers will end up better becauseo! this ' better o!! compared to be!ore "ST increase and theo! this ' better o!! compared to be!ore "ST increase and theintroduction o! 3orB!are.Dintroduction o! 3orB!are.D

The #entral &rovident Fund 2oard will issue letters to allThe #entral &rovident Fund 2oard will issue letters to alleligible Singaporeans to sign up !or the "ST #redits in mid'eligible Singaporeans to sign up !or the "ST #redits in mid'=ay.=ay.

The !irst instalment will be paid out on Euly 1st. ' #N(chThe !irst instalment will be paid out on Euly 1st. ' #N(ch


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Quick Idea for Oral PresentationsQuick Idea for Oral Presentations

You are an ant. Convince an anteater to not eatYou are an ant. Convince an anteater to not eatyou.you.

Explain three different ways to eat an Oreo cookie.Explain three different ways to eat an Oreo cookie.

Tell us about a nickname you have and how youTell us about a nickname you have and how yougot it.got it.

Convince us to vote for you as ! for your area.Convince us to vote for you as ! for your area.

Explain three uses for a pencil besides for writing.Explain three uses for a pencil besides for writing.

"ead us a letter you might write when you are"ead us a letter you might write when you are

staying at a circus training summer camp.staying at a circus training summer camp.


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If you were the teacher, how would our classIf you were the teacher, how would our class

e differente different #ell us aout the hardest thing you have#ell us aout the hardest thing you have

ever done.ever done.

You are a 'ad scientist. #ell us aout yourYou are a 'ad scientist. #ell us aout yourlatest invention.latest invention.

You are a fa'ous s"orts "layer. >escrieYou are a fa'ous s"orts "layer. >escrie

your est 'o'ent of a ga'e.your est 'o'ent of a ga'e. You are a fa'ous rock star. +!"lain whatYou are a fa'ous rock star. +!"lain what

the lyrics of your latest hit song 'ean.the lyrics of your latest hit song 'ean.


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#ell us aout the est o.#ell us aout the est o.

+!"lain the enefits of drinking 'ilk.+!"lain the enefits of drinking 'ilk. #ell us how to eco'e a 'illionaire.#ell us how to eco'e a 'illionaire.

#ell us aout the est drea' you(ve ever#ell us aout the est drea' you(ve everhad.had.

Create a 'yth that e!"lains why "elicansCreate a 'yth that e!"lains why "elicanshave large eaks.have large eaks.

#ell us how to 'ake a new friend.#ell us how to 'ake a new friend.


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#ell us aout the 'ost fun recess activity.#ell us aout the 'ost fun recess activity. #ell us aout your favorite holiday.#ell us aout your favorite holiday.

#ell us how to 'ake your favorite 'eal.#ell us how to 'ake your favorite 'eal. +!"lain which ca'e first2 the chicken or the+!"lain which ca'e first2 the chicken or theegg.egg.

+!"lain the rules to your favorite ga'e.+!"lain the rules to your favorite ga'e.

If everything in the world had to change toIf everything in the world had to change tothe sa'e color, what color would you choosethe sa'e color, what color would you chooseand whyand why


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+!"lain how you would use a hat to+!"lain how you would use a hat tocatch utterflies. ?e sure tocatch utterflies. ?e sure to

identify the ty"e of hat that is reuired.identify the ty"e of hat that is reuired. You are a "iece of "a"er. >escrie howYou are a "iece of "a"er. >escrie howwe should use you efore you getwe should use you efore you get

recycled.recycled.

+!"lain how to 'ake a "iJJa.+!"lain how to 'ake a "iJJa.


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TasksTasks (Give one to each student.)(Give one to each student.)

'( Today you will give a ) minute impromptu'( Today you will give a ) minute impromptu

*spontaneous( speech. You may +ot down notes for*spontaneous( speech. You may +ot down notes for

yourself on a small piece of paper in the , minuteyourself on a small piece of paper in the , minute

preparation period% but you may not write out yourpreparation period% but you may not write out yourspeech. -ince your classmates will be taking notes andspeech. -ince your classmates will be taking notes and

preparing for a ui/ about what you say% you shouldpreparing for a ui/ about what you say% you should

make your speech clear and well0organi/ed. You maymake your speech clear and well0organi/ed. You may

start with a one sentence attention0getter and movestart with a one sentence attention0getter and move

uickly into the main point. You might preview ) or 1 ofuickly into the main point. You might preview ) or 1 of

your main points. $f you wish% you may draw a uickyour main points. $f you wish% you may draw a uick

visual aid for the overhead camera.visual aid for the overhead camera.


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"iving mpromptu Speeches"iving mpromptu Speeches #onclusion#onclusion

n real li!e, many speeches and calls to action aren real li!e, many speeches and calls to action areimpromptu, and being able to deliver oneimpromptu, and being able to deliver oneepertly is a valuable sBill.epertly is a valuable sBill.

t reGuires you to organi+e your thoughts GuicBlyt reGuires you to organi+e your thoughts GuicBlybe!ore you reach the stage. This sBill can bebe!ore you reach the stage. This sBill can belearned by practice.learned by practice.

#on!idence grows when youHve done this many#on!idence grows when youHve done this manytimes be!ore and you must deliver your speech intimes be!ore and you must deliver your speech in

your own style, with vigor and energy.your own style, with vigor and energy. Sean SheedySean Sheedy


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hen youhen youare done, you can enoyare done, you can enoy

re'e'eringre'e'ering what youwhat youdid that 'adedid that 'adeyour s"eech successful.your s"eech successful.

#he#heaility to "erfor' an i'"ro'"tuaility to "erfor' an i'"ro'"tus"eech wells"eech well is ais askill shared y the estskill shared y the ests"eakers and leaderss"eakers and leaders of theof theworld.world.


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henhensuch a s"eech is "re"ared andsuch a s"eech is "re"ared and

delivered sodelivered so wellwellthat the audience doesthat the audience doesnot even know it,not even know it, youryour self-confidenceself-confidencewill reach new levels thatwill reach new levels that will carrywill carryoveroverinto other as"ects of yourinto other as"ects of your usinessusinessandand

"ersonal life."ersonal life.

5ean 5heedy5ean 5heedy


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Budget 2007 Essay Competition Financing ourBudget 2007 Essay Competition Financing ourFutureFutureBudget 2007 Essay CompetitionBudget 2007 Essay Competition

Te Budget Essay Competition is open to all !iangTe Budget Essay Competition is open to all !iangEducation Centre students"Education Centre students"

It is aimed at promoting greater a#areness of andIt is aimed at promoting greater a#areness of andde$ate on pu$lic financing issues of te day% as #ell asde$ate on pu$lic financing issues of te day% as #ell as

to garner good ideas on saping te future of pu$licto garner good ideas on saping te future of pu$lic

finance in &ingapore"finance in &ingapore"

'atc tis space to read te #inning essays('atc tis space to read te #inning essays(


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!lease email me at 2!lease email me at 2

rtscalamari3yahoo.com


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ttp)**###"cy$ergifs"com*


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&candina+ian Countries&candina+ian Countries"" 4enmark4enmark 5aroe5aroe$s.$s.

5inland5inland #reenland#reenland

$celand$celand

6orway6orway

-weden-weden https788www.cia.gov8cia8publications8factbook8dochttps788www.cia.gov8cia8publications8factbook8doc

s8flagsoftheworld.htmls8flagsoftheworld.html
http://www.execulink.com/~donslau/Ala.htmlhttp://www.execulink.com/~donslau/Ala.htmlhttp://www.execulink.com/~donslau/Den.htmlhttp://www.execulink.com/~donslau/Den.htmlhttp://www.execulink.com/~donslau/Far.htmlhttp://www.execulink.com/~donslau/Far.htmlhttp://www.execulink.com/~donslau/Far.htmlhttp://www.execulink.com/~donslau/Far.htmlhttp://www.execulink.com/~donslau/Fin.htmlhttp://www.execulink.com/~donslau/Fin.htmlmailto:[email protected]:[email protected]:[email protected]://www.execulink.com/~donslau/Fin.htmlhttp://www.execulink.com/~donslau/Far.htmlhttp://www.execulink.com/~donslau/Far.htmlhttp://www.execulink.com/~donslau/Den.htmlhttp://www.execulink.com/~donslau/Ala.html


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Sec 1 n 2 Week 9 Gst Final

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Transcript of Sec 1 n 2 Week 9 Gst Final