Budget 2024

Is higher tax bad? What's the deal with family offices? Leading economist Manu Bhaskaran explains ahead of Budget 2024.

Should the directive be implemented, selected MNEs will be subject to a global minimum tax of 15%.

Finance Minister Lawrence Wong said the budget is the "first instalment of the plans set out in the ForwardSG roadmap."

AN UNCERTAIN global economic environment and lingering geopolitical tensions are putting the resilience of Singapore enterprises to the test once more.

Stay updated with live coverage on Singapore Budget 2024—Building Our Shared Future Together—as Finance Minister Lawrence Wong delivers in Parliament.

Deputy Prime Minister and Finance Minister Lawrence Wong will deliver the Budget statement in Parliament tomorrow. Labour Members of Parliament express ...

SINGAPORE will have to operate in an external environment that is “less stable and favourable” for some time, making the Forward Singapore exercise a ...

Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2024 Budget statement in Parliament on Feb 16.

Singaporeans will get a mix of cash, vouchers and rebates to help with cost-of-living concerns. Read more at straitstimes.com.

SINGAPOREANS aged 40 and above will get more support for upskilling under the new SkillsFuture Level-Up Programme, which includes a S$4000 SkillsFuture ...

GRADUATES from the Institute of Technical Education (ITE) who are aged 30 and below will receive more support from the government in their upskilling ...

ITE grads aged 30 and below will get a $5000 top-up to their Post-Secondary Education Accounts when they enrol in a diploma programme.

ELIGIBLE young families with urgent housing needs will receive further support from the government under the Parenthood Provisional Housing Scheme (PPHS) as ...

They will also receive S$5000 in their post-secondary education accounts for enrolling in a diploma programme.

SINGAPORE — To better support households with the cost of living, some 2.5 million Singaporeans age 21 and above will receive cash payouts of between S$200 ...

The cyber security command centre will be set up at the Punggol Digital District and will coordinate defence operations. Read more at straitstimes.com.

The government will also top up the fund for Goods and Services Tax (GST) vouchers by S$6 billion (US$4.5 billion), to continue defraying GST expenses for lower ...

SINGLE Singaporeans aged 55 and above will now be able to claim a refund of Additional Buyer's Stamp Duty (ABSD) when they purchase a lower-value private ...

SINGAPORE'S corporate income tax regime will move ahead with two components from the second pillar of the Inclusive Framework on Base Erosion and Profit ...

ANNUAL value (AV) bands for owner-occupied residential property tax rates will be revised from January 2025, and homeowners can expect to pay the same or ...

The government will monitor the market and give another property tax rebate next year if necessary, says Deputy Prime Minister Lawrence Wong.

In his Budget speech on Friday (Feb 16), Finance Minister Lawrence Wong noted that the AP enhancements will support Singapore residents and households in four ...

The qualifying salary for the Workfare Income Supplement scheme will be raised from S$2500 to S$3000.

The government will provide more vouchers and cash handouts to Singaporean households, as well as rebates for utility bills. Companies will also get ...

SINGAPORE - The annual value bands for calculating property tax rates of residential properties that homeowners live in will be raised from Jan 1, 2025, ...

DELIVERED by Finance Minister Lawrence Wong on Friday (Feb 16), Budget 2024 tackled immediate cost-of-living worries for households and businesses, ...

SINGAPORE — In a global environment that has “darkened dramatically”, Deputy Prime Minister and Finance Minister Lawrence Wong announced on Friday (Feb 16) ...

Thank you for joining us. Here are the key takeaways from Singapore Finance Minister Lawrence Wong's budget speech for fiscal 2024 as the government ...

The BEPS 2.0 initiative aims to ensure a global minimum effective tax rate of 15 per cent for large MNEs. Read more at straitstimes.com.

Budget 2024 lays out measures to implement plans set out in the Forward Singapore roadmap, says Mr Lawrence Wong.

DPM Lawrence Wong unveiled support measures, including cash payouts, CDC vouchers and allowances, for all Singaporeans. Read more at straitstimes.com.

RIC scheme reflects Republic's seriousness in reviewing incentive, tax policies Move could help alleviate costs, incentivise corporates to make substantial ...

THE Singapore government introduced a S$1.3 billion Enterprise Support Package in Budget 2024 on Friday (Feb 16) to help businesses manage rising costs.

"The enhanced enterprise financing scheme, income tax rebates and an extension of SkillsFuture Enterprise Credit to 2025 were announced in Singapore's 2024 ...

A sincere assurance by DPM Wong that Singaporeans from all walks of life will be taken care of in an uncertain climate.

In the wake of the newly unveiled Budget 2024 in Singapore, businesses are commending the latest initiatives of the government to help upskill the workforce ...

Ms Dawn Lim, 29, co-founder and chief executive officer of customer experience consultancy Alnico; Mr Ahmad Amsyar Mohd Adom, 23, an undergraduate from Nanyang ...

Employers who raise the wages of lower-wage workers will also get more support. Read more at straitstimes.com.

Home owners can expect to pay the same or lower property taxes with the raising of annual value (AV) bands from January 2025.

SINGAPORE - Some home owners will pay lower property taxes, after the annual value bands for owner-occupied residential properties are raised from Jan 1, 2025.

AGAINST the stark realities of a less stable operating environment, Budget 2024 is about taking concrete steps to build a shared future together, ...

Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2024 Budget statement in Parliament on Feb 16 at 3.30pm.

SINGAPORE: Central Provident Fund (CPF) members aged at least 55 will no longer have a Special Account from 2025 onwards, but they will be able to put more ...

The duty hike in the Karnataka Budget 2024 proposal is expected to impact companies manufacturing and distributing beer more than those focused on spirits.

In seeking to remake Singapore root and branch, Budget 2024 has set the tone for subsequent Budgets, says SMU associate professor of law Eugene Tan.

Economists say fiscal surplus leaves open option for a 2024 election Basic deficit of S$6.1 billion reflects expansionary stanceSINGAPORE is planning a year ...

At a glance, some key measures include: The introduction of a corporate income tax rebate;; The introduction of a refundable investment tax credit;; A top-up of ...

Concurrently, the Government will raise the Enhanced Retirement Sum, which is the maximum amount that people can put into their CPF Retirement Account to ...

SINGAPORE — Removing the Central Provident Fund (CPF) Special Account for those aged 55 and above will "tidy up" the system and also shut down a little-used ...

The new property tax changes will significantly reduce the costs of owner-occupied residential properties in the coming years, says NUS Business School's ...

THE annual value (AV) bands of owner-occupier residential property tax rates will increase from Jan 1, 2025, in a bid to keep up with market trends, ...

Is the tiered ABSD clawback rate enough to ease developers' anxiety over the penalty for unsold units?

The property tax changes are considered fair and beneficial for most homeowners, especially those who are not landlords.