The package is aimed at easing the cost of living amid high inflation and builds on measures of theBudget 2023, unveiled in February of this year. The Budget 2023 included enhancements to Singapore’s Assurance Package (AP) and the permanent GST Voucher (GSTV) scheme. to help Singaporeans ti...
In the realm of fiscal policy, Singapore remained steadfast in its commitment to alleviating cost-of-living pressures for households and providing crucial support for businesses. The introduction of theEnterprise Innovation Scheme, offering businesses tax deductions of up to 400 percent on qualifying, s...
These sentiments come even as Singapore’s inflation rate moderated to 3.4% in August 2023, and small businesses received new government relief measures to ease inflationary and cost-of-living pressures. In addition to cash flow challenges, many small business owners in Singapore are experiencing an...
Live births last year plummeted by 7.9%, due to how expensive it is to live in Singapore, and the high cost of living continues to steer many away from expanding their family, analysts told CNBC. Having a child is tied to many things — the affordability of a house, a spou...
Cost-of-living pressures have shown to eased since 2023. The proportion of workers in Singapore with money left over each month has risen to 65%, up from 44% in 2023 (globally 45%, up from 38% in 2023). Meanwhile, a third of workers surveyed in Singapore (34%) say they are still...
You’ve ensured that the goods and services you receive are not part of a Missing Trader Fraud arrangement. From employee expenses to travelling costs to cost of living, here are some common scenarios in which you can claim input tax. ...
For businesses, extending the Enhanced Enterprise Financing Scheme and the Energy Efficiency Grant will help them cope with inflation and the cost of living, enabling them to continue investing in their growth and expansion. Related Read: Your Ultimate Guide to the Best Business Grants in Singapor...
Space constraints coupled with rapid population growth contribute to concerns about the rising cost of living and income inequality.Conservation, land reclamation efforts and improved environment-friendly practices amid the urbanization and industrial pollution are also a focus. ...
The current cost-of-living crisis has caused people to change how they spend online, with55% of peopleshifting toward methods that allow them to track spending more accurately. Faced with economic uncertainty, consumers are streamlining their budgets, re-evaluating their spending habits, and seeking...
Budget Bliss: Cost of Living in Singapore During the Sale Discover how to enjoy the Great Singapore Sale without breaking the bank! Uncover tips on the cost of living in Singapore and make your trip unforgettable. READ MORE Explore Night Life Singapore: Top Spots for 2024 Fun Discover the ...