fiscal policy
Budget 2026: FY2025 surplus revised up to record S$15.1 billion, more than double the estimate
The surplus was driven by higher-than-expected takings for corporate income tax, among other factors
Budget 2026: Singapore to proceed with BEPS Pillar Two top-up tax; corporate revenues to rise
The updates to the framework will increase the effective tax rate for large multinational enterprises operating here to 15%
Budget 2026: S$500 in CDC vouchers, up to S$400 special payment to ease cost pressures
Eligible households will also receive up to S$570 in U-Save rebates
Budget 2026: Singapore to raise EP and S Pass qualifying salaries from 2027
Renewal applications for both work passes will only take effect in 2028
Budget 2026: More AI learning support for workers, including free premium tools
The SkillsFuture website will also be redesigned to make relevant AI courses easier to identify
Budget 2026: AI can be ‘strategic advantage’ for Singapore if harnessed well
Clear rules must be set to ensure the technology is applied responsibly and safely, and benefits shared widely
Budget 2026: More grants, tax breaks and loans to support overseas expansion for businesses
Doing business overseas is not easy, especially for SMEs, says PM Wong
Budget 2026: Singapore to move forward with confidence despite ‘profound global change’, says PM Wong
Decades of capability building and industry transformation have strengthened Singapore’s economic foundations
Major tax hikes unlikely in upcoming Budget, but property tax rates may rise in future
Hiking property tax rates relatively palatable; consider concessions if rates rise
Singapore’s strong GDP growth to see higher full-year fiscal surplus of up to S$13.8 billion: economists
For the first 9 months, corporate and income tax, GST collections are all up
