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
![Corporate Income Tax](https://www.boardroomlimited.com/wp-content/uploads/2022/03/Corporate_Income_Tax_Singapore_2022_Budget.png)
GST rate increase delay
![GST rate increase delay](https://www.boardroomlimited.com/wp-content/uploads/2022/03/GST_Singapore_2022_Budget.png)
Enhanced financing support for business
![Financial support for business](https://www.boardroomlimited.com/wp-content/uploads/2022/03/Financial_Support_For_Business_Singapore_2022_Budget.png)
Investing in Digital Capabilities
![Investing in digital capabilities](https://www.boardroomlimited.com/wp-content/uploads/2022/03/Investing_in_Digital_Capabilities_Singapore_2022_Budget.png)
Property Tax
![Property Tax](https://www.boardroomlimited.com/wp-content/uploads/2022/03/Property_Tax_Singapore_2022_Budget.png)
Related Business Insights
-
08 Jul 2024
Your Guide to Corporate Tax Filing in Singapore
Learn to navigate corporate tax filing in Singapore effectively and ensure timely, compliant submissions with our c …
READ MORE -
14 Jun 2024
Comprehensive Guide to XBRL Filing Requirement in Singapore
Explore the essentials of XBRL filing in Singapore, covering mandatory requirements, benefits, preparation steps, a …
READ MORE -
11 Jun 2024
Corporate governance best practices at all levels of the company
Corporate governance goes beyond compliance, shaping the fabric of an organisation. Discover the corporate governan …
READ MORE