Its that time of the year for Singapore taxpayers to file income tax!Recently, the government announced several Budget inititatives that aim to improve the lives of Singapore citizens. Most of the Budget goodies are targeted at the lower income and I suppose most of the less well-off households will benefit from the 2013 Budget. As I fell into the middle-income bracket, the only Budget goodies that I will be entitled are the GST Vouchers and the 30% personal tax rebate. Difference between Income Tax Relief and Income Tax Rebate In Singapore, citizens are eligible for various applicable tax relief and rebate. It is important that tax payers understand the difference between tax relief and rebate because it can help tax payers save thousand of dollars. Essentially, reliefs are deductibles which you can claim on your total income taxable while rebates are offsets on your tax payable. Obviously given the tier system for Singapore's personal income tax, ...