Singapore Budget 2020 – Corporate and Businesses
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 On Renovation And Refurbishment (R&R) Expenses –…
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Tax Dept
Tax Review: Singapore Budget 2018 and 2019 GST Policy Changes
On the 20th of February 2018, Finance Minister, Mr Heng Swee Keat announced in his Singapore budget 2018 speech that the country’s GST rate will be increased from 7% to 9% starting from 2021 onwards. On the GST front, digital services such as Netflix subscriptions as well as apps purchased and downloaded via smartphone would…
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