Singapore Budget 2023: Crucial Highlights on Changes Impacting Businesses
On Tuesday, February 14th, 2023, Finance and Deputy Prime Minister Lawrence Wong announced the 2023 Singapore Budget Statement for the Financial Year 2023, focusing on exploring new capabilities, developing resilient industries, and creating better-paying career opportunities for Singaporeans. Several adjustments have been made to cope with inflation, the downturn in growth, and tough global competition…
Updated the new Singapore Goods & Services Tax Rate in 2023
Updated the new Singapore Goods and Services Tax Rate – GST increase in 2023 and what entrepreneurs should be aware of.
Singapore Budget 2022: Fairer Tax Changes, Direct Support for Businesses
Singapore budget 2022 aims at helping businesses recover from the COVID-19 pandemic with new tax policies and support packages from the government. Read more!
Singapore Budget 2021 Summary: An Update for Businesses
The Singapore Budget 2021 has extended some 2020 supporting schemes and made some tax changes to support local businesses.
Changes to Work Passes in Singapore in 2020
The salary requirements for Employment Pass and S Pass in Singapore have been raised in order to secure more job opportunities for local employees.
The Fifth Support Package Against Covid-19 for Businesses
The government in Singapore has announced another supporting package. The main focus is to assist businesses and create new jobs for local workers.
Overview of the Fortitude Budget: Additional Support for Businesses
More measures to assist Singapore enterprises overcome Covid-19 and recover thereafter have been introduced in the Fortitude Budget on May 26th 2020.
Further Business Support From The Singapore Government: Resilience Budget and Solidarity Budget
To help businesses overcome the current Covid-19 pandemic, Resilience Budget and Solidarity Budget have been introduced by the Singapore government.
Deadline Extension From ACRA and IRAS
Deadlines for Holding Annual General Meeting, Filing Annual Return (AR) and filing many tax types in Singapore have been extended by ACRA and IRAS.
Overview of Singapore Budget 2020 for Businesses
There are many budget changes that will be applied in Singapore from 2020. Here is an overview of tax changes to keep any business owner updated.
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