Blog
ADDITIONAL S$300 CDC VOUCHERS, U-SAVE REBATES FOR SINGAPOREAN HOUSEHOLDS AMID MIDDLE EAST CRISIS
30/07/2026
To help Singaporeans cope with rising living costs amid global economic uncertainties, the Government has introduced a new support package worth S$900 million. Source: https://www.channelnewsasia.com/singapore/cdc-voucher-300-usave-rebate-support-package-6285241?cid=FBcna Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #Singapore #CDCVouchers #USave #CostOfLiving #SupportPackage #SingaporeNews #CommunitySupport #HouseholdSupport #ComCare #Budget2026 #FinancialRelief #SGUpdates #corporatesolutions… View Article
Read More
WORKERS SUCH AS CLEANERS, SECURITY OFFICERS TO ENJOY MORE ANNUAL LEAVE FROM 2029
30/07/2026
From 1 January 2029, employees under the Progressive Wage Model (PWM), including cleaners, security officers, landscapers, lift technicians, retail staff, and waste management workers, will receive at least 14 days of annual leave, up from the current minimum of 7 days for many. Source: https://www.straitstimes.com/business/workers-such-as-cleaners-security-officers-to-enjoy-more-annual-leave-from-2029?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_PM&utm_term=Workers+such+as+cleaners%2C+security+officers+to+enjoy+more+annual+leave+from+2029&utm_content=19%2F07%2F2026 Feel free to contact us for professional advice at +65… View Article
Read More
MOM LQS UPDATE: WHAT EMPLOYERS NEED TO KNOW
16/07/2026
With effect 1.7.2026, To count as a full (1.0) local employee towards your company’s Work Permit and S Pass quota, the local worker (Singapore Citizen or Permanent Resident) must earn a minimum gross monthly salary of $1,800. The Ministry of Manpower (MOM) utilizes the Local Qualifying Salary (LQS) and CPF contributions to determine your exact… View Article
Read More
IRAS NABS 279 HIGH-INCOME EARNERS OVER SHAM ARRANGEMENTS TO PAY LESS TAX
16/07/2026
IRAS has identified 279 high-income earners who used sham arrangements to reduce their tax liabilities. Some individuals channelled their professional income through private companies and extracted profits as tax-exempt dividends or interest-free shareholder loans, instead of reporting them as taxable personal income. Source: https://www.straitstimes.com/business/invest/iras-nabs-279-high-income-earners-over-sham-arrangements-to-pay-less-tax?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_AM&utm_term=IRAS+nabs+279+high-income+earners+over+sham+arrangements+to+pay+less+tax&utm_content=12%2F07%2F2026 Feel free to contact us for professional advice at +65 6636… View Article
Read More
CAUGHT BY IRAS: DOCTOR EARNED MILLIONS BUT REPORTED MONTHLY SALARIES OF $5K AND $6K
16/07/2026
The doctor paid himself below market salaries but received huge amounts in dividends and loans. He declared monthly salaries of around $5,000 and $6,000 from his companies, but did not pay any personal tax on additional payouts averaging over $2 million a year. Source: https://www.straitstimes.com/business/invest/caught-by-iras-doctor-earned-millions-but-reported-monthly-salaries-of-5k-and-6k?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_AM&utm_term=Caught+by+IRAS%3A+Doctor+earned+millions+but+reported+monthly+salaries+of+%245k+and+%246k&utm_content=12%2F07%2F2026 Feel free to contact us for professional advice at +65… View Article
Read More
SINGAPORE BUDGET 2026 : MORE SUPPORT FOR SINGAPOREANS
07/04/2026
Singapore BUDGET 2026 : More Support for Singaporeans Support measures aimed at helping Singaporeans cushion the impact of the Middle East situation. (Photo Credits: CNA) Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #SGBudget2026 #SupportForSingaporeans #CDCVouchers #SGCitizenSupport #U-Save #S&CCRebate #Medisave #HouseholdSupport #TogetherAsOneSG #CorporateSG #EconomicTrends #2026Outlook #corporatesolutions… View Article
Read More
SINGAPORE INFLATION OUTLOOK FOR 2026 TO BE REASSESSED AS ENERGY PRICES SOAR FROM IRAN WAR
26/03/2026
The Iran war is pushing up energy prices, which is increasing inflation in Singapore. MAS is likely to revise its inflation outlook upward in April and may tighten policy to control rising costs. Source: https://www.straitstimes.com/business/mas-to-update-singapores-inflation-outlook-in-april-amid-iran-war-impact?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_PM&utm_term=S%E2%80%99pore+inflation+outlook+for+2026+to+be+reassessed+as+energy+prices+surge&utm_content=23%2F03%2F2026 Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #Singapore #MAS #Inflation… View Article
Read More
HOW THE WAR IN IRAN COULD IMPACT GLOBAL ECONOMY, INCLUDING SINGAPORE
09/03/2026
Rising tensions between Iran, United States and Israel could disrupt global energy supply. For Singapore, the main impact could be higher fuel, electricity and living costs. Source: https://www.channelnewsasia.com/commentary/iran-us-israel-war-global-economic-impact-singapore-5972956?cid=FBcna Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #MiddleEastConflict #IranIsraelConflict #GlobalEconomy #OilPrices #EnergyCrisis #InflationRisk #SupplyChain #SingaporeEconomy #CostOfLiving #SingaporeNews… View Article
Read More
NEW CPF INVESTMENT SCHEME
09/03/2026
CPF Board will introduce a new voluntary investment scheme, targeted to be launched in the first half of 2028, to offer simplified, low-cost life-cycle investment products. Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #NewCPFupdate #CPFChanges #SGPolicyUpdate #SingaporeCPF #RetirementSupportSG #OlderWorkersSG #WorkforceSupport #SupportOlderWorkers #WorkLongerSG #FinancialSecuritySG #corporatesolutions #professionalservices… View Article
Read More
BUDGET 2026 : CPF TOP-UP
09/03/2026
To provide more support for eligible individuals aged 50 and above with lower CPF balances. Eligible individuals will receive a CPF top-up of up to $1,500 in their CPF Retirement Account or Special Account in December. The amount of top-up will be tiered according to recipients’ CPF retirement savings and the annual value of their… View Article
Read More