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Fortitude Budget 2020 (4th Round of Financial Support)

By |2020-05-27T22:41:16+08:00May 27th, 2020|Featured, Insights|

On 26 May 2020, the Singapore Deputy Prime Minister and Minister for Finance, Heng Swee Keat has unveiled in Parliament, a S$33 billion 4th round of financial support (landmark package) to tide through the COVID-19 crisis as most businesses are expected only to be able to resume their operations [...]

Solidarity Budget 2020 (3rd Round of Strong Support Measures)

By |2020-05-14T18:39:49+08:00April 8th, 2020|Featured, Insights, Taxation|

On 6 April 2020, the Singapore Deputy Prime Minister and Minister for Finance, Heng Swee Keat unveiled in Parliament, a 3rd round of a strong enhanced support measures to help tide business, workers and households through the COVID-19 outbreak which had taken a sharp turn both globally and locally. [...]

Supplementary Singapore Budget 2020 – Second Stimulus Package

By |2020-05-14T18:41:20+08:00March 27th, 2020|Featured, Insights, Taxation|

On 26 March 2020, Deputy Prime Minister and Finance Minister Heng Swee Keat delivered the Resilience Budget for businesses and households in response to the accelerated spread of COVID-19 and is now a global pandemic. This second stimulus package provides a slew of new measures and enhancements to existing [...]

Singapore Budget 2020 – Corporate and Businesses

By |2020-05-14T18:41:43+08:00February 21st, 2020|Corporate Income Tax, Featured, Insights|

NAVIGATION Corporate Income Tax (CIT) Rate Corporate Income Tax (CIT) Rebate Property Tax (PT) Rebate Automatic Extension Of Interest-Free Instalments For Payment Of Estimated Tax Payable Enhancement Of Carry-Back Relief Scheme Option To Accelerate Eligible Claim On Cost Of Plant And Machinery (P&M) Option To Accelerate Eligible Deduction [...]