Iras Corporate Tax Rebate Ya 2024. Parenthood tax rebate (ptr) the ptr is a credit to offset your tax payable. Corporate income tax (cit) rebate for the year of assessment (ya) 2024.

Corporate income tax (cit) rebate and cit rebate cash grant for year of assessment (ya) 2024 to help companies manage rising costs, budget 2024 includes a proposal to grant a cit rebate of 50% of the cit payable for ya 2024. The rebate will be 50% of tax payable, capped at $200.