Posts
-
Singapore Budget 2016 – A Summary For Companies & Businesses
PIC Cash Payout reduced to 40% (from 60%) for all purchases made after 1 August 2016 This was good while it lasted. But a 40% discount on IT related purchases is still generous! Corporate Income Tax (CIT) rebate increased to 50% (from 30%) If you have a tax payable of $1,000, pay only $500! Business…