Tax transparency to apply for S-Reit ETFs
THE government will apply tax transparency for exchange-traded funds (ETFs) of Singapore real estate investment trusts (S-Reits), according to Annex A-5 of Finance Minister Heng Swee Keat's Budget...
Top marginal buyer's stamp duty for residential properties up to 4% from 3%
THE government will raise the top marginal buyer's stamp duty rates for residential properties from 3 per cent to 4 per cent, Finance Minister Heng Swee Keat said on Monday.
GST to be hiked to 9% in "earlier" part of 2021-2025 period
THE government plans to raise the goods and services tax (GST) by two percentage points to 9 per cent from 7 per cent, sometime in the period from 2021 to 2025, Finance Minister Heng Swee Keat...
Tax deduction for businesses partnering charities to be extended
THE government will extend the Business and IPC Partnership Scheme (BIPS) for three more years, Finance Minister Heng Swee Keat said on Monday.
S$400m set aside to top up funds to support active ageing
THE government will set aside S$400 million to top up two funds to support active ageing, Finance Minister Heng Swee Keat said on Monday.
U-Save rebates adjusted to help offset carbon tax impact
THE government will provide additional U-Save rebates for three years, Finance Minister Heng Swee Keat said on Monday. U-Save refers to household rebates for utilities expenses.
No carbon tax imposed on petrol, diesel, CNG
THE government will not levy an additional carbon tax on petrol, diesel and compressed natural gas, Finance Minister Heng Swee Keat said on Monday.
S$250m set aside for sustainability projects
THE government will launch an Energy Grid 2.0 to develop next-generation energy grid architectures that can respond quickly and reliably to changes in energy demand and supply, Finance Minister...
S$800m over three years set aside for industry grants
THE government will set aside S$800 million over three years for three industry grants, Finance Minister Heng Swee Keat said on Monday.
Singapore to build skills in workforce for overseas expansion
THE government will continue with industry partners for the workforce to develop deep skills that can take more businesses abroad.