{"id":8486,"date":"2022-02-18T13:24:00","date_gmt":"2022-02-18T13:24:00","guid":{"rendered":"https:\/\/iqeq.com\/?p=8486"},"modified":"2023-05-08T13:32:33","modified_gmt":"2023-05-08T13:32:33","slug":"singapore-budget-highlights-2022","status":"publish","type":"post","link":"https:\/\/iqeq.com\/insights\/singapore-budget-highlights-2022\/","title":{"rendered":"Singapore Budget Highlights 2022"},"content":{"rendered":"
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On 18 February 2022, the Minister of Finance Lawrence Wong presented his Budget Speech 2021\/2022 with the overarching theme of \u2018Charting Our New Way Forward Together.\u2019<\/p>\n

Key highlights of the budget include both residential property and personal income tax rate increments. GST will also be increased to 9% in a phased manner from 2023 onwards. On the climate front, Singapore will raise carbon tax progressively from 2024 onwards, with a net zero emissions target by 2029.<\/p>\n

Please see below for highlights from Singapore\u2019s Budget 2022 or download\u00a0here<\/a>.<\/p>\n

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Meet The Author<\/h2>\n
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