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BUDGET 2023 – Buyer’s Stamp Duties Increase

21/02/2023

BUDGET 2023 – Buyer’s Stamp Duties Increase & Additional Buyer’s Conveyance Duties Source: Ministry of Finance Infographic Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

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BUDGET 2023 – BEPS 2.0 Global Minimum Tax

21/02/2023

BUDGET 2023 – BEPS 2.0 Global Minimum Tax Source: Ministry of Finance Infographic Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

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BUDGET 2023 – ENTERPRISE INNOVATION SCHEME

20/02/2023

BUDGET 2023 – ENTERPRISE INNOVATION SCHEME Source: Ministry of Finance Infographic Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

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BUDGET 2023 – Extension of Energy Efficiency Grant

20/02/2023

BUDGET 2023 – Extension of Energy Efficiency Grant to 31 March 2024 Encourage SMEs in Food Services, Food Manufacturing and Retails sectors to adopt energy efficient equipment Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

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BUDGET 2023 – National Productivity Fund

20/02/2023

BUDGET 2023 – National Productivity Fund $4 billion top-up to expand scope and support more investment to attract high-quality investments from multinational enterprises to support companies to build new capabilities, add greater value, and upskill workers under the BEPS 2.0, there is the global minimum tax of 15 per cent. MNEs will face top-up taxes… View Article

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BUDGET 2023 – SUMMARY OF MEASURES SUPPORTING BUSINESSES

19/02/2023

BUDGET 2023 – SUMMARY OF MEASURES SUPPORTING BUSINESSES Source: Ministry Of Finance Website Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

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BUDGET 2023 – Adjusted Additional Registration Fee Tier

19/02/2023

Higher-end cars with an OMV (the approximate cost of a car before taxes) higher than $80,000 will incur an additional registration fee (ARF, or the main car tax) of 320 per cent. Please refer to CNA website for detailed chart. The changes will take effect from the next round of certificate of entitlement (COE) bidding,… View Article

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BUDGET 2023 – Extension for Enterprise Financing Schemes

17/02/2023

Extension for Enterprise Financing Schemes to 31 March 2024!! 70% government risk-share for trade loans Enhanced maximum quantum for trade and working capital loans Enhanced project loans to support domestic construction projects Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

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BUDGET 2023 – SINGAPORE GLOBAL ENTERPRISES INITIATIVE

17/02/2023

Introduced in 2022, the scheme offers promising companies specialised capability building programmes tailored to their needs. Enterprise Singapore will also support these firms to secure resources to execute their growth plans, and to build R&D capabilities. Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2023

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BUDGET 2023 – SME CO-INVESTMENT FUND

16/02/2023

Efforts to help local enterprises scale up and be globally competitive: Mobilise investments into SMEs through Heliconia Capital. Heliconia Capital is a subsidiary of Singapore’s investment company Temasek Holdings. It focuses on supporting and investing in growth-oriented small and medium-sized Singapore companies. An additional $150 million will be set aside via the SME Co-Investment Fund… View Article

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