The 2022 Singapore Budget revealed a number of key initiatives that revolved around investing in new capabilities, renewing & strengthening social compact, advancing green transition, and building a fairer and more resilient tax system. As always, there will be tax planning implications for your business. We’ve distilled down the main changes that you’ll need to be aware of in order to maximise the benefits for your company.
You can download the full Singapore Budget 2022 Report below to understand the implications on your corporate tax planning.
If you have any questions relating to any of the information contained in this report, please contact our tax advisors via email or call us at +65 6230 9788.
Corporate Income Tax
GST rate increase delay
Enhanced financing support for business
Investing in Digital Capabilities
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