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Knowledge Highlights 5 September 2024
On 16 February 2024, Singapore Deputy Prime Minister and Minister for Finance Lawrence Wong delivered the Budget Statement for financial year 2024 with a focus on providing support for businesses, driving growth, and keeping the Singapore economy innovative and vibrant. The Minister announced various initiatives and changes aimed at enhancing Singapore’s attractiveness for investments, growing the economy, equipping workers, and strengthening the social compact.
Our Tax Update provides an overview of the key tax changes that were announced and other changes impacting businesses:
To read the Tax Update, click here.