singapore budget 2018 pdf

By November 7, 2020Uncategorized

How we can help endobj / <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/TrimBox[0.0 0.0 841.89 595.276]/Type/Page>> endobj 67 0 obj <> %PDF-1.5 %���� <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/TrimBox[0.0 0.0 841.89 595.276]/Type/Page>> adobe:docid:indd:82e23f4d-0bfa-11df-a7b9-b73b3c39070b Please visit the KPMG Budget 2018 website for more information. <> endobj SINGAPORE. 709 0 obj <> endobj 2017-12-05T15:36:46.000+08:00 <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/TrimBox[0.0 0.0 841.89 595.276]/Type/Page>> Adobe InDesign CC 2015 (Windows) <>stream 159 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/TrimBox[0.0 0.0 841.89 595.276]/Type/Page>> endobj proof:pdf Swee Keat, on 19 February 2018, one which aims to lay the foundation for our country’s development for the next decade. Finance Minister Heng Swee Keat delivered the Budget 2019 Round-Up Speech in Parliament on 28 February 2019, highlighting the ‘Singapore Way’ in planning for the country’s Budgets. uuid:af6d0a61-13ad-4718-811a-7f543e9bb480 <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/TrimBox[0.0 0.0 841.89 595.276]/Type/Page>> endobj 117 0 obj bc979bdb2af74a4f7fe429472aee45ba5ab3b9b9 POST-BUDGET SURVEY 2018 YOUR VOICE ON THE SINGAPORE BUDGET Introduction 1 As part of SBF’s ongoing role as the bridge between businesses and our Government, we conducted two surveys to obtain feedback from our business community on their views on the Singapore Budget 2018. in Singapore and exploit it from here, as this will create economic spin-off for the Singapore economy. In a nutshell, Budget 2018 seeks to address how Singapore should prepare itself in an uncertain global business environment as she faces her own demographic and economic challenges. endobj Digital Transformation – The Way Forward 2017-12-07T22:43:30.183-05:00 62 0 obj These three shifts are: global economic focus on Asia, the emergence of new adobe:docid:indd:82e23f4d-0bfa-11df-a7b9-b73b3c39070b endstream There are other measures to support more firms to innovate. endobj xmp.did:35bf0851-0325-ee4a-8bf8-ed44af29d4f0 Adobe PDF Library 15.0 Singapore Budget 2018. Economic Performance in 2017 A2. h�b```b``�e`e`�`d@ A�(GCȲ~&�V�I��1U�V�0JvV�=��-)�]�:���g{�=6��nvp'����B �@��F��* (��R``|V ���Xl6/� �G��Lf똦20�2f3d�e�c�.�H�3�)e���3&1$2��8[��I� The EDG, announced at Budget 2018, is a holistic grant scheme providing customised support to local enterprises for their growth and transformation. 119 0 obj 69 0 obj Adobe PDF Library 15.0 Riding on the upturn of the global economy, Singapore’s Gross Domestic Product (GDP) expanded by 3.6% in 2017. SINGAPORE BUDGET 2018 The Minister for Finance, Mr Heng Swee Keat, presented his Budget speech in Parliament on 19 February 2018. 2017-12-05T02:36:32.000-05:00 2017-12-05T02:36:46.000-05:00 <> 11.692916666666667 endobj h�bbd``b`^ $� �@�kH��]"���"+$�"*@�9��,a �.���2� D������B�,�Q�B�?��� $5 Tax Partner 19 February 2018 endobj Singapore, or where Singapore does not have the facilities to accommodate such R&D. Singapore Budget Highlights 2018 Foreword FOREWORD This year’s Budget delivered by the Finance Minister, Mr. Heng Swee Keat, on 19 February 2018 outlined steps Singapore must take in order to prepare for three major shifts in the coming decade. False SINGAPORE BUDGET 2018 The Minister for Finance, Mr Heng Swee Keat, presented his Budget speech in Parliament on 19 February 2018. To summarise, Budget 2018 lays the foundation for our nation's development in the next decade. Singapore will be an even more pressing challenge in the next few years. converted Budget 2018 shifts away from the “one size fits all” approach that was rolled out in Budget 2016 vis a vie the PIC scheme. It is a targeted, strategic and integrated financial plan to position Singapore for the future, requiring the people and the Government to work together as one nation. In the main, our proposals for Budget 2018 are shaped by twin requirements of maintaining competitiveness in a fiscally sustainable manner. 59 0 obj Adobe InDesign CC 2015 (Windows) endstream endobj startxref <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/TrimBox[0.0 0.0 841.89 595.276]/Type/Page>> BUDGET BULLETIN 2018. d?bUƏ�@���A�5Ȼ�;��>��n��� ��7� 919967 There’s Singapore, 19 February 2018 Reactions to the Singapore Budget 2018 Statement Overview Ong Pang Thye, Managing Partner at KPMG in Singapore Minister Heng Swee Keat has delivered a Budget which is strategic, calibrated and confident. 1. These three shifts are: global economic focus on Asia, the emergence of new Singapore Budget 2019. 121 0 obj 2017-12-07T22:45:48.404-05:00 797 0 obj <>stream Budget 2018 announced measures targeting to address near-term challenges for enterprises and specific sectors, and to support businesses that make use of technology, innovate, build Our GDP grew by 3.6%1, up from 2.4% in 2016. endobj application/pdf h��Y�r�H����z��@u�9&���u0`X�D�lkiKMK����9Y*c�ۖ=��4%Uee���. Budget 2018 announced measures targeting to address near-term challenges for enterprises and specific sectors, and to support businesses that make use of technology, innovate, build Government for the Financial Year from 1 April 2018 to 31 March 2019. 1. The Minister highlighted that the subsequent Budgets will be built upon the foundation laid by Budget 2018. 118 0 obj Productivity growth was at its highest since 2010, and the country achieved a strong fiscal footing. 71 0 obj While some will receive near-term support to overcome near-term challenges, others will continue to benefit from 730 0 obj <>/Filter/FlateDecode/ID[<1D24003D35009242AE8CDDE43CDEA745>]/Index[709 89]/Info 708 0 R/Length 101/Prev 143592/Root 710 0 R/Size 798/Type/XRef/W[1 2 1]>>stream The Singapore Budget 2018 was delivered by the Finance Minister, Mr Heng . Proposals to enhance Singapore’s economy <> We will continue to provide representation to the Ministry of Finance to consider the above issues. endobj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/Rotate 0/TrimBox[0.0 0.0 841.89 595.276]/Type/Page>> This exceeded the Government’s forecast of 1% to 3% at the start of 2017. b. <> Coming as a surprise, was his announcement of a budget surplus of S$9.6 billion, far exceeding the forecasted surplus of S$1.9 billion. Budget 2018, but as tax professionals, we would be keenly awaiting measures introduced by the Finance Minister to maintain Singapore’s edge amidst stiff tax competition from developed countries. endstream endobj 710 0 obj <>/Metadata 45 0 R/Names 731 0 R/Pages 707 0 R/StructTreeRoot 84 0 R/Type/Catalog/ViewerPreferences<>>> endobj 711 0 obj <>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 0/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>> endobj 712 0 obj <>stream endobj <>>> 125 0 obj default xmp.iid:f9eeb789-e82f-c941-b308-0f86e30bc7f4 It provides enterprises with up to 70% government funding to undertake projects to strengthen their business capabilities, improve operational efficiencies and internationalise.

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