Singapore Budget
Singapore lowers ABSD remission clawback rate for projects with 90% units sold
Singapore lowers ABSD remission clawback rate for projects with 90% units sold
This took effect on 16 February 2024.
Government to launch refundable investment credit
This will shoulder up to 50% of qualifying expenditures.
Singapore expands energy efficiency grant
The government also identified two tiers of support under the grant.
Budget 2024: Government raises annual value band property tax threshold
The lower threshold will be increased to $12,000.
Budget 2024: Singapore to issue 50% personal income tax rebate
The rebate is capped at $200.
Singapore injects initial $5b in Future Energy Fund
The natural gas-reliant country is setting up its second LNG terminal.
Singapore unveils rent voucher for families awaiting BTO flat completion
The 1-year voucher is expected to enable them to temporarily rent an HDB flat.
Singapore raises local qualifying salary to $1,600
The hourly rate has also been increased to $10.50 per hour, says DPM Wong.
Singapore provides $1.3b to support local companies
These include a $2,000 cash payout and a 50% income tax rebate of up to $40,000.
HDB households to receive 2.25 times higher rebates for 2024: Wong
They will get $950 dollars to cover utility bills.
LIVE UPDATES: Singapore Budget 2024
Finance Minister Lawrence Wong said the budget is the "first instalment of the plans set out in the ForwardSG roadmap."
Budget 2024: 3 tax strategies to offset BEPS 2.0 effects
Should the directive be implemented, selected MNEs will be subject to a global minimum tax of 15%.
Singapore firms’ Budget 2024 wishlist
Businesses are hoping the government will tackle AI adoption and upskilling.
Making widespread, trustworthy AI adoption a reality in line with Singapore's Budget 2024
The goal to become a global leader in innovation and AI, if realised, will have a significant impact on Singapore's future success.
Navigating Singapore’s economic future: AI as a catalyst for growth in a changing landscape
What is the first thing that comes to mind when you hear or read the words “Artificial Intelligence (AI)”?
How are Singaporeans feeling ahead of Budget 2024 announcements?
7 out of 10 are satisfied with how things are going in Singapore at the moment.
What do businesses want from the Budget 2024?
Businesses cited six measures they want from the government.
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