Singapore Budget 2019 – Others
NAVIGATION Reduction Of Greenhouse Gas Emissions Restructuring Diesel Taxes Road Tax Rebates And Grants For Commercial Diesel Vehicles Tightening Of Duty-Free Allowance For Liquor Products 1 – REDUCTION OF GREENHOUSE GAS EMISSIONS Carbon TaxAs announced in last year’s budget, the carbon tax on the emission of greenhouse gases (GHG) to reduce carbon emissions will…
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Tax Dept
Singapore Budget 2019 – Individuals and Households
NAVIGATION Individual Income Tax Rate Personal Income Tax Rebate Grandparent Caregiver Relief Not Ordinarily Resident (NOR) Scheme CPF Top-Up Five-year MediSave Top-Up Edusave Accounts And Post-Secondary Education Accounts Top-Up Workfare Income Supplement (WIS) Commemorating Our Bicentennial Merdeka Generation Package (MGP) ComCare Long-Term Assistance And Singapore Allowance CareShield Life Community Health Assist Scheme (CHAS) Service And…
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Tax Dept
Singapore Budget 2019 – Goods and Service Tax (GST)
NAVIGATION GST Rate Tightening Of GST Import Relief For Travellers GST Remission For S-REITs And Singapore-Listed Registered Business Trusts (RBTs) Recovery Of GST For Qualifying Funds 1 – GST RATE The current GST rate is 7%. As announced by the Minister in budget 2018, the GST rate will rise from 7% to 9% sometime between…
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Tax Dept
Singapore Budget 2019 – Corporate and Businesses
NAVIGATION Corporate Income Tax Rate Writing Down Allowance (WDA) For Acquisition Of Qualifying Intellectual Property Rights (IPRs) Investment Allowance (IA) Income Tax Concessions For Singapore-Listed Real Estate Investment Trusts (S-REITs) Tax Concessions For Singapore-Listed Real Estate Investment Trusts Exchange-Traded Funds (REITs-ETFs) Tax Incentive Schemes For Funds Managed By Singapore-Based Fund Managers (Qualifying Funds) Designated Unit…
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Tax Dept
Review your corporate tax position to avoid tax burden
Last Updated 24 Feb 2019 Corporate tax is unavoidable in Singapore. However, with proper tax planning, it is possible for businesses to pay less tax/defer its tax payments. Hence, businesses will minimize their tax and maximize returns for stakeholders and as such, more resources will be available for reinvestment. Under-declaration of taxes in past years…
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