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 to S$500,000.
* The SkillsFuture Enterprise Credit will be extended by a year to 30 Jun 2025.
Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com!
#cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Budget2024