Minister for Finance Heng Swee Keat delivered the Singapore Government’s Budget Statement for Financial Year 2019 in Parliament on Monday, 18 February 2019. Presented in our bicentennial year, Budget 2019 comes amid four major shifts: the shift in global economic weight towards Asia, rapid technological advancements, changing demographic patterns, and increasingly, the decline in support for globalisation. Domestically, there are long-term challenges we must address as a society. We will chart our way forward confidently, building on our distinct strengths and our Singaporean DNA.
Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance, Mr Heng Swee Keat, delivered the Budget Statement on Tuesday, 16 February 2021 in Parliament. Our team has compiled a publication of our views on various Budget changes and also a significant number of thought leadership articles released over the past year or so.
Tax Highlights: Singapore Budget 2020
"Deputy Prime Minister and Minister for Finance Heng Swee Keat delivered the Singapore Government’s Budget Statement for Financial Year 2020 in Parliament on Tue, 18 February 2020.
Budget 2020 is presented against a backdrop of the on-going COVID-19 outbreak, as well as broader uncertainties in the landscape. There are also long-term structural shifts taking place around the world – a decline in support for globalisation, a shift in economic weight towards Asia, technological disruption, and an ageing population in many countries."*
Find out what’s available to help you and your organisation in our Budget 2020 Tax Highlights:
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*Source: https://www.mof.gov.sg/newsroom/press-releases/budget-2020-advancing-as-one-singapore
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