Singapore Budget Synopsis 2019

On 18 February 2019, the Minister of Finance, Mr. Heng Swee Keat delivered the Singapore Budget 2019 in Parliament. In this year’s budget, he focuses on getting companies to deepen their capabilities, encouraging strong partnerships within Singapore and across the world such as mastering new digital technologies and innovations. He also aims in investing in education and help Singaporean workers upgrade new skills in order to remain employable and competitive in the changing times and the healthcare needs in particular the less well-off and the aging population.

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Corporate Income Tax Services

Our well experienced and trained tax team is committed to assist businesses and organizations in maximizing their benefits within the tax framework and in fulfilling their tax compliance obligations on a timely and efficient manner. In the process of our work, we also identify and advice our clients on potential tax risks and tax savings opportunities that may arise.

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Goods and Services Tax (GST) Services

GST was introduced in Singapore since April 1994. As companies grow and expand their businesses, it has become more complex for their employees to be aware and keep abreast with the constant GST rules and regulations changes. Risk of incorrect GST declaration/non-compliance may result in significant business costs and cash flows. Hence, it would be advisable to consider out-sourced to our specialized GST team.

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Individual Income Tax Services

As companies grow and expand their businesses globally, employees are also increasingly mobile – travelling for short/long term assignments overseas, hiring and relocation of expatriates/talented individuals to be based in Singapore. Individual income tax issues are becoming more complex especially compliance with multifaceted tax laws and manpower regulations.

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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 [...]

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