Christian Wong, a 58 year old Singapore permanent resident, and his wife, a 50 year old Singapore citizen have two children, 21 year Anthony, who has completed his National Service and is currently studying full time at a local tertiary institution. His younger child, 17 year old Nicole, is studying full time at a local polytechnic. His in-laws have been living with the couple since the children were born and they have helped to look after the daily needs of the grandchildren. The in-laws do not derive any income. His wife does not work and derives no income. Christian derives income through his investments in properties and shares. The maximum personal relief that Christian is entitled to is

Question 32 options:

1)

$29,000

2)

$28,000

3)

$29,750

4)

$80,000.