Singapore Budget 2021 – Emerging Stronger Together

Budget 2021 was delivered on 16 February 2021 and signals a shift from containing COVID-19 to restructuring and preparing Singapore’s economy and workforce for the post-pandemic world. This is the second consecutive year that Singapore will dip into her reserves and run a deficit budget in the Government’s bid to achieve these strategic goals and enable businesses in Singapore to be well positioned to take advantage of the post-COVID recovery. This alert summarises the key fiscal and non-fiscal measures announced in Budget 2021.

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For further inquiries regarding this alert, please contact:

Eugene Lim
Co-Founder and Principal, Taxise Asia LLC
Eugene.Lim@TaxiseAsia.com
+65 6304 7989
Irving Aw
Co-Founder and Principal, Taxise Asia LLC
Irving.Aw@TaxiseAsia.com
+65 6304 5367
Sam Sim
Co-Founder and Senior Of Counsel, Taxise Asia LLC
Sam.Sim@TaxiseAsia.com
+65 6304 7977