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Budget 2024 – More SkillsFuture Credits
23/02/2024
Currently, all eligible Singaporeans aged 25 and above are entitled to S$500 in SkillsFuture credit to better upskill themselves and promote lifelong learning. Now, a new SkillsFuture Level-Up Programme will be introduced with a focus on supporting mid-career workers. This comprises a S$4,000 top-up in SkillsFuture credit top-up in May 2024 for Singaporeans aged 40… View Article
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Govt to refund $7.5m in GST wrongly collected by 6 agencies over 5 years
22/02/2024
According to Singapore’s goods and services tax system, GST should not be charged on fees for regulatory services. Do look out for refunds of GST previously wrongly collected by government agencies. Govt to refund $7.5m in GST wrongly collected by 6 agencies over 5 years Contact us for professional advice at +65 66363691, +65 9326… View Article
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EMPLOYEES OF THE FUTURE
22/02/2024
Why employees of the future need a new superpower – agility Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions
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Budget 2024 – Helping local firms to level up
22/02/2024
* Many Singapore companies grow rapidly by partnering with MNCs based locally. * To date, the PACT scheme (Partnerships for Capability Transformation) has been set in place to facilitate such collaborations. -In the coming months, this scheme will be enhanced to further support partnerships in these areas, specifically in capability training, internationalisation, and corporate venturing…. View Article
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Budget 2024 – Top-ups to build on strengths
21/02/2024
DPM Lawrence Wong also announces that the following funds and schemes will receive top-ups: * $1 billion investment over the next five years into the AI compute, talent and industry development * Additional resources to improve broadband speeds of up to 10 Gigabits per second (10 times faster than speeds in most homes today) from… View Article
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Budget 2024 – Top-ups to build on strengths
21/02/2024
*New tax credit scheme for attracting quality investments: – To attract high-quality investments, DPM Lawrence Wong announced a new tax credit with a refundable cash feature to encourage companies to make sizable investments to bring economic benefits in various sectors – particularly in key economic sectors and growth areas. – These include new manufacturing plants,… View Article
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Budget 2024 – $1.3bil support for businesses
21/02/2024
*All companies will get a 50% corporate income tax rebate for YA2025, capped at S$40,000. * Furthermore, a minimum of S$2,000 cash payouts will be given to companies that hire at least one local employee in 2023. * The Enterprise Financing Scheme will be enhanced, with the maximum working capital loan quantum to be raised… View Article
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S’pore’s largest case of money laundering
28/12/2023
Vast and tangled web: S’pore’s largest case of money laundering Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions
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Phishing scam involving supposed tax refunds
27/12/2023
10 victims lose at least $9,000 to phishing scam involving supposed tax refunds Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions
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S’pore can be philanthropic hub for South-east Asia
24/10/2023
Singapore can be philanthropic hub for South-east Asia, says social investor network Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions
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