Singapore Budget 2023

Article

Navigating the digital future: A closer look at Singapore Budget 2023 measures in view of the rapidly changing workplace

The Singapore Budget 2023 has been announced amidst a challenging environment marked by geopolitical tension, global uncertainties, and high inflation. To boost economic growth, the Government is taking steps to address the issue of employability and prepare for future business disruptions.

The Singapore Budget 2023 has been announced amidst a challenging environment marked by geopolitical tension, global uncertainties, and high inflation. To boost economic growth, the Government is taking steps to address the issue of employability and prepare for future business disruptions.

Press releases

Deloitte Singapore’s response to the “Moving Forward in a New Era” Singapore Budget 2023

A Valentine’s Budget for Singapore

Deloitte Singapore’s subject matter specialists share their reactions and comments to the Singapore Budget 2023.

Deloitte Singapore’s subject matter experts share their reactions and comments to the Singapore Budget 2023 announced today.

Press releases

Deloitte shares recommendations to re-evaluate tax incentives for businesses amidst BEPS 2.0 developments

Recommendations for Singapore Budget 2023 include analysing countries’ responses to a post-BEPS 2.0 environment and re-evaluating Singapore’s incentive landscape amidst the ongoing changes in the tax universe; and proposals to enhance Singapore’s agenda on sustainable development.

In the run-up to the Singapore Budget (“Budget”) 2023, Deloitte Singapore calls for a re-evaluation in tax incentives for businesses amidst ongoing developments to the Base Erosion and Profit Shifting (BEPS) 2.0 initiative.

Analysis

Singapore Budget 2023 Feedback

A Valentine's Budget for Singapore

Singapore’s GDP is expected to grow at a slower rate of 0.5% to 2.5% in 2023 amidst continued global supply and energy disruptions. The slower growth forecast, however, should have no significant impact on long-term strategies for transitioning to a more digital, inclusive, and green economy.

Singapore’s GDP is expected to grow at a slower rate of 0.5% to 2.5% in 2023 amidst continued global supply and energy disruptions. The slower growth forecast, however, should have no significant impact on long-term strategies for transitioning to a more digital, inclusive, and green economy.