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Budget boost for firms to help Singapore stay competitive even after global tax kicks in

The refundable investment credit will support high-value manufacturing, innovation, R&D and more. Read more at straitstimes.com.

Irene taiWalter theseiraSingapore business federationSingapore university of social sciencesOrganisation for economicNational productivity fundIncome inclusion ruleDomestic top up taxBase erosionProfit shiftingEconomic co operationPwc singaporeKok ping soonSingapore universitySocial sciences

Singapore Budget 2024: A Strategic Blueprint for Business Growth and Sustainability

Singapore's Budget 2024 strategically addresses the dual challenges of rising operational costs and the imperative for sustainable development.

Lawrence wongNational productivity fundFinancial sector development fundEnergy efficiency grantSingapore budgetStrategic blueprintBusiness growthDavid stepatreading timeDeputy prime ministerEnterprise support packageSkillsfuture enterprise creditEnterprise financing schemeCapital loansTrade loansRefundable investment creditEnergy efficiency

Singapore Budget cuts costs for businesses, keeps focus on long-term economic goals

Building the capabilities of businesses and staff remains an ongoing effort, said roundtable experts. Read more at straitstimes.com.

Singapore business federationSingapore university of social sciences walter theseiraFinancial sector development fundEnergy fundNational ai strategyNational productivity fundStraits timesSingapore universitySocial sciences walterKok ping soonEnterprise support packageEnterprise financing schemeCapital loanTrade loanProject loan schemeSkillsfuture enterprise credit

Budget 2024: Singapore to introduce new refundable tax credit to attract high-quality investments

The new Refundable Investment Credit, which works as a tax credit with a refundable cash feature, will aim to support “high-value and substantive economic activities”, says Deputy Prime Minister and Finance Minister Lawrence Wong.

Economic development boardNational productivity fundDeputy prime ministerFinance minister lawrence wongRefundable investment creditBudget 2024

Budget 2024: New tax credit to support firms innovation and green transition

Companies can get up to 50% of support on each qualifying expenditure category under the scheme. Read more at straitstimes.com.

Lawrence wongNational productivity fundSingapore economic development boardEnterprise singaporePrime minister lawrence wongFinance minister

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