BTO flat income ceiling rules: why include commissions but exclude bonuses?

[Confuseous]

After spending around 1.5hrs discussing with the HDB officer, I realized how HDB calculates the gross combined income. There are some points which i do not fathom and I’m wondering how long has this rule stood.

For the income calculations,
HDB includes – monthly basic salary, commission, incentives.
HDB excludes – bonuses, allowances and some other miscellaneous income.

What I do not understand is why do HDB includes commissions/incentives, but excludes bonuses, and the reply I got was, it’s the law. There’s nothing they can do. & to be fair for commission earner, they use last 12 months average salary (but in my opinion, last 12 months isn’t fair too, because we do not pay our housing loans in just 12 months, we use decades, for some, their entire lifetime)

- http://theonlinecitizen.com/2011/11...-why-include-commissions-but-exclude-bonuses/

 

[rodent2005]

Some people, like remisiers, earn only commission. It is their regular income. If commissions are excluded, they will have no income.

Bonus, OTOH, is not fixed and regular.

 

[scroobal]

Commission constitutes main income but bonus is not. This is a universal practice. How do you compute a life time of commission? Must be daft to even ask this.

 

[Unrepented]

It is positive gesture in the definition on the part by hdb. From the definition, one should be able to infer that the intent is to only include the main contractual source of income of the earner.

Bonus is non contractural in the employment of service. Commisson and incentives are both based on contractual rates/percentages of a base amount dependent on individual productivity.

If the definition includes bonuses, allowances etc. Many, esp thoses in the banks may exceed the threshold and have to further financial burden.

 

[Cestbon]

If included bonus, allowance then many will not eligible to buy the flat.