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.
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.
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.
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.