Budget Day 07

This is a ultra summary summary. U need to read the details for details. i only put up key points.

For Individual and all

GST 7% from July, (my hp and camera can wait. hahaa)
Road tax down 8% for passenger cars and motorcycles (still no money buy leh)
CESS abolished (No more 1% CESS charge when KTV!)
CPF: 34.5% from July 1 (20% employee, 14.5% employer) (happy lah...)
Maid Levy down $30 (i think boss will be pleased)
Rebates for the Utilities-Save, service and conservancy charge and rental to eligible HDB households for five years (will see dad's smile again)
Property tax rebate of up to $100 per year in 2008 and 2009 (pls lor... $100 only)
Senior Citizen bonus, Workfare scheme applicable if u qualify...

Company
First $100,000 Tax exemption for beginner startup company for 3 yrs
Partial exemption rose from $100,000 to $300,000
Corporate tax cut to 18% (YA08)
(Make my life difficult...)