Singapore Budget 2018

Strategic transformation - the way forward

Digital, innovative, and open to change - this is the future of Singapore. With this in mind, companies and individuals need to rethink their place and relevance in our future economy. Join us this Budget season as we discuss the policies, skillsets, digital roadmaps, strategies and mindsets needed for Singapore to be open to the future.

Views from our experts

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Key winner of this year's Budget

So, the Budget is out. To be honest, no big surprises, but more on building on previous themes. Meanwhile, the overall growth and surplus (of over SG$9 billion) achieved enable us to: (i) Delay the larger tax rises, and (ii) Save for a rainy day. All these point to the Singapore economy taking spotlight as the key winner of this year’s Budget. PwC Singapore’s Strategy Leader, Richard Skinner, tells us more.

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What the Budget means for corporations

At Budget 2018, our Finance Minister announced several new policies and changes focused on preparing Singapore for a better future. But what do these really mean for corporations and how do they fit in the picture? PwC Singapore’s Corporate Tax Director, Huang Meiqi, sums it up in less than 2 minutes.

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What the Budget means for SMEs

SMEs have a few years to future-proof their business before some of the Budget support schemes expire and the tax hikes kick in. In 3 minutes, our tax expert, Kexin Lim, walks us through this year's Budget measures which SMEs can tap on to position or re-position their businesses for the future.

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What the Budget means for individuals

While some of this year’s Budget measures raised concerns on the rising cost of living, targeted measures are underway to help lessen the impact for the average Singaporean. What does Budget 2018 means for individuals? Mark Amatya, our Global Mobility expert, breaks it down in less than 2 minutes. 


In the news

PwC calls for personal income tax tweaks in Budget 2018

PwC calls for personal income tax tweaks in Budget 2018

PwC’s 2018 Budget wish list proposes raising income threshold for personal income tax from $20,000 to $40,000. Among other recommendations include introducing reliefs, such as for medical insurance to encourage taxpayers to take up policies to supplement their MediShield coverage, and more.

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Contact us

Chris Woo
Tax Leader, PwC Singapore
Tel: +65 9118 0811
Email

Abhijit Ghosh
Partner, Tax, PwC Singapore
Tel: +65 8223 0698
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Paul Lau
Partner, Tax, PwC Singapore
Tel: +65 6236 3733
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