Singapore Budget 2025

2025 - 2 - 18

Singapore Budget 2025: Vouchers, Tax Breaks, and a Dash of Fun!

Corporate Income Tax - Economic Recovery - Financial Relief - Singapore Budget 2025 - Sustainable Energy Fund - Tax Breaks - Vouchers

Discover how Singapore's Budget 2025 is set to sprinkle fun with vouchers and tax breaks while tackling rising costs!

The highly anticipated Singapore Budget 2025 has finally arrived, and it brings a wave of support for both households and businesses! Under the leadership of Prime Minister Lawrence Wong, the budget aims to ease the cost-of-living pressures and provide essential goodies to the citizens. With measures like generous vouchers up to S$800, tax breaks, and rebates, this budget is designed to make life a little more enjoyable as it aligns with the nation’s SG60 celebration. It's like receiving your ang pow just before the festivities begin!

What makes this budget stand out is the incorporation of a 9.6% rise in expenditure. Despite considerable uncertainty surrounding corporate income tax collections, Singapore expects to see a fiscal surplus of S$6.8 billion in FY2025. This surplus shows the government’s commitment to investing in the welfare of its citizens while also encouraging economic growth. Think of it as Singapore giving its economy a gentle nudge toward the future, while ensuring everyone gets a slice of the pie!

Families, individuals, and businesses can look forward to a budget that truly tries to cater to all segments of Singaporean society. Besides the one-time SG60 vouchers aimed at alleviating some financial burdens, there are also significant boosts for hawkers, diverse middle-income workers, and the arts and heritage sector. It’s like a surprise present for everyone during the Lunar New Year—who doesn't love a good surprise?

As for the businesses, a 50% corporate income tax rebate alongside some one-time cash grants is likely to generate smiles, especially among entrepreneurs finding it tough in times of rising costs. Overall, the Budget 2025 reflects a forward-looking approach embracing the spirit of collective growth and support!

Did you know that the SG60 celebration reflects Singapore's journey since its independence? The goodies are not just financial aids but also a way to commemorate this significant milestone! Furthermore, the interactive budget calculator included in the announcements allows citizens to estimate what they can expect from this year's budget—now, how cool is that? It’s almost like a lottery ticket, with the added excitement of budgeting!

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Image courtesy of "CNBC"

Singapore Budget 2025: More support for businesses and ... (CNBC)

The country announced support measures for households and businesses, including vouchers and tax breaks, in its first budget under Prime Minister Lawrence ...

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Image courtesy of "CNA"

Budget 2025: 'Considerable' uncertainty about Singapore ... (CNA)

Corporate income tax collections increased unexpectedly in recent years, but it is too soon to tell whether this will be a lasting trend, ...

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Image courtesy of "South China Morning Post"

Singapore budget 2025: up to S$800 in vouchers to mark SG60, as ... (South China Morning Post)

'Functional' budget in election year will see vouchers and rebates disbursed to help Singaporeans ease cost-of-living pressures.

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Image courtesy of "The Straits Times"

Budget 2025: All you need to know about the eight SG60 goodies ... (The Straits Times)

Besides the one-off SG60 vouchers, there are goodies for hawkers, middle-income workers, and the arts and heritage sector. Read more at straitstimes.com.

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Image courtesy of "The Star Online"

Singapore's Budget 2025 to see 9.6% rise in expenditure (The Star Online)

SINGAPORE: Prime Minister Lawrence Wong on Tuesday (Feb 18) unveiled a bumper Budget providing additional support for Singaporeans to tackle the ...

Budget 2025: Singapore expects S$6.8 billion surplus in FY2025 ... (The Business Times)

Singapore expects a fiscal surplus of S$6.8 billion, or 0.9 per cent of gross domestic product for the 2025 financial year, despite a generous spending plan ...

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Image courtesy of "CNA"

Singapore Budget 2025 calculator: What's in it for you? | Interactive ... (CNA)

Find out what you could get in this year's Budget announcements by Singapore PM Lawrence Wong with this interactive calculator.

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Image courtesy of "People Matters"

Singapore Budget 2025: 50% corporate income tax rebate (People Matters)

Singapore s Budget 2025 introduces a 50 corporate tax rebate and a one-time cash grant to help businesses cope with rising costs.

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Image courtesy of "CNA"

Budget 2025: 6 things families and individuals can look forward to (CNA)

SINGAPORE: "A budget for all Singaporeans" – that was how Prime Minister Lawrence Wong described Budget 2025, which was announced on Tuesday (Feb 18).

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Image courtesy of "Singapore Business Review"

BUDGET 2025: Big 4 breaks down four key moves (Singapore Business Review)

Budget 2025 maintains a 50% corporate income tax rebate, capped at $40k to alleviate financial pressures on businesses, especially SMEs, and support their ...

Singapore Budget 2025 both generous and responsible, say experts (asianews.network)

SINGAPORE – From private home owners and hawkers to those interested in sports and the arts, the Budget measures announced on Feb 18 provide support across ...

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Image courtesy of "Syfe"

Singapore Budget 2025: Top 5 Takeaway for Your Personal Finances (Syfe)

From cash vouchers to CPF changes, upskilling programs, and investment incentives, here are five key takeaways that can directly impact your personal ...

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Image courtesy of "Human Resources Online"

Singapore Budget 2025: Highlights for employers and HR leaders (Human Resources Online)

A redesigned SkillsFuture Enterprise Credit will see the availability of $10000 for eligible companies from the second half of 2026, to offset out-of-pocket ...

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Image courtesy of "The Star Online"

Singapore Budget 2025: Both generous and responsible, say experts (The Star Online)

SINGAPORE: From private home owners and hawkers to those interested in sports and the arts, the Budget measures announced on Tuesday (Feb 18) provide ...

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Image courtesy of "CNA"

Commentary: How is Budget 2025 preparing Singapore for tomorrow? (CNA)

Budget 2025 is not merely about short-term financial relief, says former journalist and NMP Nicholas Fang.

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Image courtesy of "The Straits Times"

Budget 2025: Families with three or more young children to receive ... (The Straits Times)

Parents will also get $5,000 with the Large Family MediSave Grant for each third and subsequent Singaporean child born from Feb 18. This will be credited into ...

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Image courtesy of "Singapore Business Review"

BUDGET 2025: Manufacturing group pledges support for Singapore ... (Singapore Business Review)

The Singapore Manufacturing Federation pledges to work closely with stakeholders to translate Budget measures into actionable outcomes.

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Image courtesy of "Human Resources Online"

Insider: HR and industry leaders weigh in on how Singapore Budget ... (Human Resources Online)

Leaders from NTUC, AMD, Nourish Ingredients, Dell, and more organisations on how initiatives aimed at skills development, business growth, and inclusivity, ...

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Image courtesy of "The Business Times"

Budget 2025: Singapore to add S$5 billion to Future Energy Fund (The Business Times)

THE Singapore government will add S$5 billion to its Future Energy Fund, launched in 2024, to further support its goals to secure clean power, said Finance ...

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Image courtesy of "ETCIO SEA"

Experts weigh in on the Singapore Budget 2025, lay out the next lap ... (ETCIO SEA)

Singapore Budget 2025: Given the widespread investments in tech and upskilling support for Singaporeans, we spoke to many technology leaders to understand ...

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Image courtesy of "ASEAN Briefing"

Singapore Budget 2025: What it Means for Businesses - ASEAN ... (ASEAN Briefing)

Corporate income tax rebate · Tax incentives for fund managers · New tax deduction for cost-sharing agreements · Enhanced Progressive Wage Credit Scheme.

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