Singapore Budget
Fiscal surplus could exceed expectations at $5b: UOB
Experts propose tax reforms in 2025 budget to enhance business adaptability
Proposed measures include restrictions on the sale of shares in property-holding companies.
Businesses outline 3 priorities they seek in Budget 2025
Firms cite manpower issues and cost pressures as their main challenges.
Employer group calls for more tax breaks, workforce upskilling schemes for Budget 2025
70% of employers support initiatives on reskilling and upskilling.
Gov’t invites public to share their views for Budget 2025
The budget will be presented in February 2025.
Budget wrap-up: Wong says gov’t balances temporary reliefs, structural schemes
State social spending has quadrupled over the last 20 years.
DPM Keat champions S’pore as global-Asia node, roots for cross-border collab
He also outlined efforts to bolster the research, innovation, and enterprise ecosystem.
Winners of Singapore budget 2024: banks, tech, renewables
Players in consumer staples and manufacturing cheer as well.
Budget 2024 propels Singapore's investment-focused growth
Budget 2024 saw an “investment tilt” towards promoting green, human, and infrastructure investments.
Budget 2024: Who are the big winners of SG’s new measures?
Six sectors will benefit the most from the budget, according to an analyst.
Lower property tax to benefit most private owners
Singapore will likely see a 20%-30% lower property tax in 2025.
ABSD clawback has negligible impact to property developers: analyst
They are expected to retain the current playbook of selling as much stock upfront.
Singapore to stay attractive with refundable tax credit scheme, says KPMG
Cash payouts provide firms with greater flexibility to grow their businesses.
Singapore lowers ABSD remission clawback rate for projects with 90% units sold
This took effect on 16 February 2024.
Government to launch refundable investment credit
This will shoulder up to 50% of qualifying expenditures.
Singapore expands energy efficiency grant
The government also identified two tiers of support under the grant.
Budget 2024: Government raises annual value band property tax threshold
The lower threshold will be increased to $12,000.
Commentary
Adapting to changing consumer needs in an evolving property market