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Aware’s wishes for Budget 2020 – to give caregivers of elderly family members a monthly income
ST 13 Jan 2020 Association of Women for Action and Research (Aware) said in a Budget wishlist it had sent to government feedback unit Reach on January 10, 2020, that caregivers for older family members be given a monthly income regardless of whether they are working which could be based on a 2018 study. Its […]
When is Budget 2020?
The Ministry of Finance (MOF) announced on Jan. 1 that Deputy Prime Minister (DPM) and Finance Minister Heng Swee Keat will deliver the 2020 Budget Statement in Parliament on Tuesday (Feb. 18). There will be live television and radio coverage for the said Budget Statement A live webcast will also be available on the Singapore […]
13 million new jobs have to be created!
From the start to the end of “2-session” conference, my take of various announcements and speeches is the key focus on the economy. The Chinese govt is hoping that the private sector, which made up of millions of SMEs, would help to contribute to the 13 million new jobs that would need to be created […]
Singapore Budget 2019 – Diesel Tax Hike
I would say this is the only new initiative in Budget 2019 that actually ask its subjects to contribute to the revenue side of the budget. The government has been able to fund all of its expenditures using its existing sources. Generally, existing sources are from tax revenue (funding about 70% of total expenditure), govt […]
Unproductive assets by the millions!!!
Which company or industry would be excited to sink in millions of dollar on this asset? What are you going to use the thousands of sq feet for? With the government’s attitude and action towards foreign labour, what will happen to the owners and landlords of industrial, residential and dormitory properties? Many of these […]
It is not about Now or Later
Is this a valid question and concern? I begin to ponder as to whether the current govt in 2018 could impose a decision to the future govt? Based on the votes for the Budget yesterday, is it a MUST that the future govt MUST increase GST by 2% (not 2.01% or anything else) between 2021 […]
DBS Survey on GST hike
I would love to see the survey questions. If I was a GST registered restaurant, my only concern would be whether my customers ie. the final end users, who would have to carry the final tax burden, would reduce their consumption and thus demand for my services. Would my restaurant have to close shop or not? […]
Sg Budget 2018 – Intellectual Property (IP) Licensing Expenditure
Sg Budget 2018 – Intellectual Property (IP) Licensing Expenditure.
How does the scheme benefit my business?
Accounting with Asiaf1rst 