The following tax changes were announced by Minister for Finance, Mr. TharmanShanmugaratnam, in his Budget Statement for the Financial Year 2014, which was delivered in Parliament on Friday, 21 Feb 2014....
Budget 2013_CIT Rebate
To help companies cope with rising business costs, the Minister for Finance has announced in Budget 2013 that, for the Years of Assessment (YA) 2013, 2014 and 2015, companies will receive....
Budget 2013_PIC Bonus
As announced in Budget 2013, for Years of Assessment (YAs) 2013 to 2015, businesses that invest in qualifying activities under the Productivity and Innovation Credit (PIC) scheme will....
Budget 2013_Wage Credit Scheme
The Wage Credit Scheme (WCS) is part of the 3-Year Transition Support Package introduced in Budget 2013. Under the WCS, the Government will co-fund 40% of....