Spouse relief is worth $166.66 per month?

[myo539]

Anybody can enlighten Spouse Relief for Income Tax? It's stated that a tax-payer can claim $2000 per year for Spouse Relief (usually for Wife), which works out to be $166.66 per month.

Does it mean that technically the wife should be given $166 for her monthly expenditure (pocket money)? I think a JC or Poly student get more pocket money than that.

Any tax experts there care to enlighten this aspect to give it more credibility and respectability how it is derived or calculated?

 

[SotongMee]

my maths and tax is very lousy, but i think the actual cash-tax benefit from this spouse (wife) relief is much lesser if :

A. you correctly use your applicable top tax rate multiplies by $166 per month.

B. Divide answer in A. by 4 in 1 if you got 4 legal wivies.

Anybody can enlighten Spouse Relief for Income Tax? It's stated that a tax-payer can claim $2000 per year for Spouse Relief (usually for Wife), which works out to be $166.66 per month.

Does it mean that technically the wife should be given $166 for her monthly expenditure (pocket money)? I think a JC or Poly student get more pocket money than that.

Any tax experts there care to enlighten this aspect to give it more credibility and respectability how it is derived or calculated?