The Key Highlights of Singapore Budget 2023 for SMEs
4 minutes On 14 February 2023, the Singapore Budget 2023 Statement was officially delivered. The budget is designed to cushion the impact of global economic uncertainties on the local economy and to support the nation’s recovery from the COVID-19 pandemic. In this article, we will explore the key highlights of Singapore Budget 2023 for small and medium enterprises (SMEs), including increased financing, taxes for multinational enterprises (MNEs), the Enterprise Innovation Scheme, higher monthly CPF contribution by 2026, and more.
