A friend sent me this article from Nikkei Asia entitled “A Taxing Problem” written by Kawase, Miyakawa, and Suzuki recently. Essentially the article is trying to address the question as to why SoftBank, being once Japan’s most profitable company, pays so little tax. My understanding and conclusion after reading the article are as follows. Softbank, […]

I am happy to contribute to ACCA’s annual discussion of Budget 2022. Please have a read.

ST 06 Feb 2020 Budget to include measures to cope with coronavirus, and support business, workers, families: Indranee Rajah Indranee Rajah, Minister in the Prime Minister’s Office and Second Minister for Finance, said that the Budget for 2020 will contain measures such as:- helping companies and workers transform supporting families in coping with the cost […]

ST 05 Feb 2020 Budget 2020: GST hike, climate change, help for seniors, workers and families are top concerns Based from the findings released by the government feedback unit Reach and People’s Association (PA), support for workers, seniors, and families were among the top concerns of Singaporeans. Other issues also include the impending increase in […]

BT 03 Feb 2020 Firms may get interim help ahead of Budget virus support package: Lawrence Wong Prior to the announcement of the Budget for 2020, Minister for National Development Lawrence Wong, co-chair of the multi-ministry taskforce on the novel coronavirus said that the government will establish measures to assist firms affected by the Wuhan […]

ST 01 Feb 2020 Targeted help for transport, tourism sectors worst hit by Wuhan virus outbreak, ‘strong’ Budget to help workers and slowing economy: Heng Swee Keat In addition to the Budget initiatives addressing a decline in the economic activity, Deputy Prime Minister Heng Swee Keat said that Budget 2020 will also include measures to […]

ST 21 Jan 2020 Singapore National Employers Federation (SNEF), the employers’ group hopes Budget will include wage offsets and funding to defray costs of hiring older workers Employers seek wage offsets in the form of Special Employment Credit (SEC) in response to the higher employment costs associated with increasing retirement age, re-employment age, and higher […]

ST 30 Jan 2020 / ST PHOTO: JASON QUAH Will the “Election Budget” of 2020 supposedly to be laden-full with goodies be changed to virus relief measures? Sharon See of BT today has noted the possible change in tone and texture given the emergence of the Wuhan coronavirus and disrupting much economic activities. Back in […]

ST JAN 14, 2020 Both large and small and medium-sized enterprises (SMEs), rank corporate/income tax rate reduction and rebates to help upskill staff as the top two priorities for Budget 2020 based on an annual National Business Survey conducted by the Singapore Business Federation (SBF). The survey was released on Tuesday (January 14) and was […]