Keywords
What is the term used to refer to government income?
Revenue
What is the tax on income earned by companies
Corporate Tax
What is the fee you must pay, in order to have permission from the government to drive a car?
License fee
subsidies
What is the term used to refer to government spending?
Expenditure
What is the tax used to control vehicle ownership in Singapore
COE / Motor Vehicle Tax
What is the fee you must pay, before you can use government property and spaces e.g. badminton courts?
Rental
The government has to spend money on transport. Name one example.
Build roads / MRT stations
What is the term used to refer to the amount of money earned and spent by the government?
Budget
What is the tax used to control use of roads in Singapore?
Electronic Road Pricing / ERP
what is the fee you pay, for education and healthcare provided by the government?
service fees
The government has to spend money to protect Singapore's security. Name one example.
New military equipment / National Service payments
What are taxes?
Additional charges
What is the tax on things you buy in Singapore?
GST
sale of goods fee
The government has to provide healthcare. Name one example.
What is the term used to refer to the leftover savings made by a government?
National Reserves
What is the tax on alcohol, tobacco, and motor vehicles imported into Singapore called?
Custom / Excise Duty