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In view of uncertainty due to the COVID-19 pandemic, the GST increase [14] will be deferred to after year 2022, with a S$6 billion Assurance Package proposed in 2020 to cushion the impact when the hike kicks in. The GST increase is later deferred again, with the increase taking place in two stages, 8% on 1 January 2023 and 9% on 1 January 2024.
The list focuses on the main types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST and capital gains tax, but does not list wealth tax or inheritance tax. Personal income tax includes all applicable taxes, including all unvested social security contributions.
UOB economist Barnabas Gan expects Singapore GST will rise to 9% from as early as 1 July, adding revenue of S$1.8 billion for 2022.
This is an accepted version of this page This is the latest accepted revision, reviewed on 15 February 2025. Economy of Singapore Skyline of Singapore's Downtown Core Currency Singapore dollar (SGD/S$) Fiscal year 1 April – 31 March Trade organisations WTO, APEC, CPTPP, IOR-ARC, RCEP, ASEAN and others Country group Developed/Advanced High-income economy Statistics Population 6,040,000 (2024 ...
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By June – The Urban Redevelopment Authority will unveil the Draft Master Plan 2025, which will detail development plans for the next 10 to 15 years. [30] 11 July–3 August – 2025 World Aquatics Championships will be held. [35] [36] 3–5 October – Singapore Grand Prix (Formula One) will be held. [37]
Chariots Gaming (Mobile games. Founded 2019. Inactive after 2020.) [11] Fntastic Pte. Ltd. (Singaporean HQ. Founded 2015. Closed 2023.) GToken (Partially owned by Manny Pacquiao. [12] Mobile publisher. Founded 2012. Closed 2022.) [13] Happy Labs Pte Ltd (Mobile games. Founded 2012. Inactive after 2020.) [14] Ixora Studios (Mobile games. Founded ...
Virtuos Ltd is a video game development company headquartered in Singapore with studios across Asia, Europe, and North America. Virtuos specializes in game development and art production for AAA consoles, PC, and mobile titles – working as an external developer for other companies.