Singapore Budget 2018: Tax Updates
The Singapore Budget 2018 ("Budget") was delivered by the Minister for Finance Heng Swee Keat on 19 February 2018. This year's Budget emphasises Singapore's long-term fiscal sustainability in preparation for major economic shifts brought about by the emergence of new technologies and an ageing population. At the same time, the measures seek to ensure that Singapore maintains its competitiveness as global economic weight shifts towards Asia. Amidst the discussion surrounding the future economy, the Budget also addressed the social and environmental themes of building a caring and cohesive society as well as a smart and green city.