ECONOMY | Staff Reporter, Singapore

SIATP advocates tax incentives in Budget 2018

Introducing tax incentives will help improve Singapore’s economic productivity.

Singapore Institute of Accredited Tax Professionals (SIATP) has announced a request for tax incentives in the upcoming Budget 2018.

According to SIATP, the initiative is focused on having targeted tax incentives for businesses to accelerate their growth, which can help boost economic productivity in the country.

Further, SIATP calls for the following actions: improve the existing research and development (R&D); encourage R&D activities in startups and small and medium enterprises (SMEs); introduce a fintech tax incentive; and start a double deduction scheme for training expenses. 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.