Insights

The Singapore Budget 2022 is slated to be announced by Finance Minister Lawrence Wong on 18 February 2022. We highlight our feedback and proposals that have been submitted to the Ministry of Finance for consideration in the upcoming Budget and beyond. Also, join us at Grant Thornton's Singapore Budget 2022 webinar where our tax experts will be sharing insights on the Budget announcement that businesses should know about.

Munjal Almoula of Grant Thornton Singapore discusses the evolving approach of tax authorities worldwide to transfer pricing policies and audits, and considers the potential implications for the Singapore transfer pricing regime.

As a result of the many budgets in 2020, many stabilising measures deemed necessary to keep the country on its feet and help it find its way through the pandemic have already been announced and implemented.

Finance Minister, Mr Heng Swee Keat, delivered the Singapore Budget 2021 earlier today. We have produced a summary of the key tax takeaways to help you understand the changes that were announced and how they affect both you and your business.

Over the last five years in Singapore, there has been a continuation of a global shift towards protectionist immigration policy. Although this shift is not new, it seems to have gathered pace.

Over the last five years in Singapore, there has been a continuation of a global shift towards protectionist immigration policy. Although this shift is not new, it seems to have gathered pace.

Deputy Prime Minister and Finance Minister Heng Swee Keat announced on 17 August continued support for Singaporean workers and jobs as a result of the ongoing fallout from the COVID-19 pandemic. The main takeaway for businesses was the extension to the Jobs Support Scheme (JSS), originally announced in the February Resilience Budget and enhanced in subsequent budgets.

Mr Heng Swee Keat, the Deputy Prime Minister and Minister for Finance, delivered the Fortitude Budget on 26 May 2020, a week before transiting into Phase 1 of the post COVID-19 circuit breaker measures.

Mr Heng Swee Keat, the Deputy Prime Minister and Minister for Finance, delivered the Solidarity Budget on 6 April 2020, the day before the COVID-19 circuit breaker measures commenced.

Deputy Prime Minister and Finance Minister Heng Swee Keat, delivered the 2020 Singapore Budget on 18 February 2020. We have analysed the key tax takeaways to help you understand the changes that have been announced and how they affect both you and your business

In the light of the long (long) awaited birth of the Singapore Variable Capital Company (VCC) in January 2020, it seems like an appropriate time to do a round-up of where we are with the various options now available for structuring a fund that is managed from Singapore.

The Singapore Finance Minister, Heng Swee Keat has presented Budget 2020 on 18 February 2020. Some of the measures were aimed at cash-flow enhancement in anticipation of projected economic speed-bumps ahead and in view of the likely disruption that will be created by COVID-19. These largely revolved around enhancements of the corporate tax rebate scheme and in the area of losses and capital allowances. We take a closer look at these below.

Finance Minister, Mr Heng Swee Keat, delivered the 2020 Singapore Budget earlier today. We’ve produced a handy summary of this year’s budget to help you understand the key initiatives that have been announced affecting both businesses and individuals.

Following Monday's Budget announcement, our Tax leaders shared their thoughts on the keys initiatives announced and other key changes that will effect businesses and individual both in Singapore and globally.

Finance Minister, Mr Heng Swee Keat, delivered the 2019 Singapore Budget earlier today. In the bicentennial year this was a giveaway budget, sharing the 2018 surplus, with no significant tax changes. We’ve produced a handy summary of this year’s budget to help you understand the key initiatives that have been announced affecting both businesses and individuals.

Our Singapore Budget 2019 Prediction