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Source: Inland Revenue Department –

Commentary on proposed amendments included in the Taxation (COVID-19 Resurgence Support Payments and Other Matters) Bill, introduced to Parliament on 16 February 2021.

The proposed amendments cover:

  • the COVID-19 resurgence support payments (CRSP) scheme, and
  • an increase to the minimum family tax credit (MFTC) threshold.

MIL OSI