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Riding on the momentum to move backwards
October 28 2020

Riding on the momentum to move backwards

In confirming recently that UK Chancellor Rishi Sunak's Autumn Budget had been cancelled, his office issued a statement saying: "…now is not the right time to outline long-term plans - people want to see us focused on the here and now". Locally, Deputy Prime Minister Heng Swee Keat similarly sent a clear signal to anyone who might still be harbouring misguided hopes of expansive fiscal measures, by emphasising in his Facebook post on Oct 3, 2020 that "…there will not be a new round of support measures".

Tax Budget LCBR International Tax

MAY

May 26 2020

Using an AAA battery model to power us along

Last week, my op-ed "Settling the (tax) score after the fall" (BT, May 22) described how a theme of vengeance could end up hurting many taxpayers especially if they slacken in their tax affairs during these trying times. Some have told me that the tone of the article was "scary" even if it represents some "hard truths" in the world of taxation. As we prepare to exit the circuit breaker, here is a more benign piece aimed at spreading positive vibes especially in the tax field...

COVID-19 Tax Business Support Measures Circuit Breaker Fortitude Budget Singapore Budget
May 19 2020

Singapore: COVID-19 Support Measures

While we are still in the extended Circuit Breaker period, which is anticipated to end on 1 June 2020, businesses and individuals may want to review their respective positions to ensure they are not missing out on the support measures that have been announced by the Singapore Government in the past few months.

covid-19 Singapore Support Measures Circuit Breaker
May 18 2020

A GST Perspective: COVID-19 and Potential Opportunities to Optimise Cashflow

More than three million people worldwide have been infected with COVID-19 and the number of confirmed cases in Singapore have crossed the 20,000 mark as at the beginning of May 2020. The circuit-breaker period has been extended to 1 June 2020 and tighter circuit breaker measures such as closing of more workplaces were also implemented to curb the spread.

covid-19 Singapore Circuit Breaker GST Cashflow

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