cny 09

Happy Cow YEAR!!!

Loyang Tau Pek Gong's cow


Crackers!!!

River Ang Bao 2009

went to the river again this yr
unlike previous years, which was in esplanade park, this year it was on the floating platform

i call it the BUDGETED RIVER ANG BAO


When u arrive, u will be welcomed by this banner and rows of lantern.
After which, u will enter a tao yuan ground n saw a ting. sorrie mk, there is no mu dan on the ting.

After which... ITS BATTLE TIME!

Chess anyone?


I keep wondering why they dont have elepants.


Of cos, the 12 zodiacs which i dont take photo

When u exit the platform, u will find yourself near the food area where they sell malay food n durian!
WEIRD!!!

Budget 09 in short

Company Tax 17%
40% rebate on industrial and commerical property
15% rental rebates for JTC, HDB and SLA leases

Businesses will be able to claim losses against their preceding three years of taxable income, instead of just the immediate preceding year under the enhanced loss carry-back relief programme. (I going to have headache on this)

The cap on losses that can be claimed against past taxable income will be raised to $200,000 from $100,000.
The government announced a 30% road tax rebate for goods vehicles, buses and taxis

Any of my readers driving CNG cars? no, ok, skip this
The rest not so relevant for u. for more info, pls refer to www.mof.gov.sg

The IMPORTANT PART

Households will receive double the GST credits in 2009. Each household will be given an additional payout of GST Credits, on top of the one that they will receive in July. This will be paid out in March, to help households with their immediate needs.

Those living in one to three-room HDB flats will receive an additional one month of S & CC rebates, who will therefore receive a total of 3 to 4.5 months for this year.

20% Rebates on personal tax capped at $2000
Owner-occupied residential properties for 2009 will also be given 40% tax rebate

Tax deductions for donations made in 2009 to IPCs will be 250%. (meaning u donate $100, rebate $250)

obama swear in

Resolution 2009

a bit late but juz post it up
1) to achieve saving of $5,000 by dec. wow, i earn so little... jia lark...
2) travel overseas. this will cost me $2k. this means i need to save $7k
3) clear 2 papers by dec - then i balance 3 for next yr.
4) do a sheng role and start singing? er... not under my control. anyway, this is not important

luck

i bought myself a 7Star formation recently, and is still deciding where to place to generate my luck.
the 7 Star Formation was used in Romance of Three Kingdom when KongMing wish to lengthen his life. but general Wei Yan destroy the formation on the last day of the rite.

in the end, i decided to place it in my working cabinet which i newly bought late last yr.

i also decided to change my location of my wen chang ta to the cabinet. the wen chang was formerly placed in the living room but apparently i failed my exam in june. the cabinet was bought in around september, hopefully i can clear my exam soon.
i used to have one under the praying table. but apparently, the earth god is not happy and my ta spoilted.

i will blog abt my other feng shui treasures once i got them

cpf

today abt cpf, mayb 2morrow hdb keke

Special Acc
We can withdraw from CPF when you turn 55, after setting aside your CPF Minimum Sum.
CPF Minimum Sum can be used to buy life annuity. From 62 (current draw-down age), we then receive monthly payments from your CPF Minimum Sum. If you had bought a life annuity, you will receive the monthly income for life. Else you will receive the monthly income until your CPF Minimum Sum is exhausted.

The CPF Minimum Sum is set at $106,000 from 1 July 2008 and will be raised gradually until it reaches $120,000 (in 2003 dollars) in 2013.


Medisave Acc
The Medisave Required Amount is set at $18,000 from 1 January 2009 and will increase by $2,500 (to be adjusted for inflation) each year until it reaches $25,000 (in 2003 dollars) on 1 January 2013.


Ordinary acc is for buying house

CPF Interest Rates (01 Jan 2009 to 31 Mar 2009)
Ordinary account 2.50% p.a.
Special, Medisave & Retirement accounts 4.00% p.a.

Contribution ratio
Ordinary Account 67%
Special Account 14.49%
Medisave Account 18.84%