What is the Start-up Tax Exemption Scheme?

What is the Start-up Tax Exemption Scheme?

Uplifting Singapore SMEs with the Start-up Tax Exemption Scheme Singapore’s government offers many opportunities to boost the nation’s entrepreneurial ventures. The Start-Up Tax Exemption (SUTE) proves to be a very good initiative by the Singapore government. Along with the Singapore Inland Revenue Authority (IRAS), it has launched tax-saving measures that target companies, particularly new ventures…

Singapore Budget 2020 Tax Changes

Singapore Budget 2020 Tax Changes

2020 Tax Changes in Singapore to Look Forward to On February 18th, 2020, Heng Swee Keat, the Finance minister of Singapore as well as the Deputy Prime Minister of the country, presented the Singapore Budget for 2020 with the perspective of the continuing COVID-19 epidemic, along with environmental instability. In this respect, 2020 tax changes…

Singapore GST Information and FAQ

Singapore GST Information and FAQ

Knowing Singapore GST information for Your Company Goods and Services Tax, commonly known as GST, is a value-added tax in Singapore. This applies to products manufactured, and also on most all the services and products offered. GST, which was started on April 1st, 1994, is equivalent to VAT, typical in many nations. As per the…