PwC's Singapore Budget 2024

Budget analysis and insights

On Friday, 16 February 2024, Singapore's Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong, delivered the FY2024 Budget Statement.

The Budget aims to support Singaporeans and businesses in addressing immediate challenges while preparing for long-term sustained growth. It focuses on investments in cost-of-living relief, workforce development and skills training, and promoting artificial intelligence and sustainability for the future.

Top 5 measures for businesses

PwC's response to Budget 2024

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Are you a Budget winner? Find out what our PwC professionals think.

Budget analysis and insights

Find out what this year’s Budget means for you and your business. Read more.

How to be a Budget winner

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1:26

Keeping the Singapore dream alive - Budget 2024 takeaways

Keeping the Singapore dream going starts with ensuring businesses and individuals can overcome short-term challenges and prepare themselves for long-term growth. Hear from Marcus, our Executive Chairman, on what businesses can consider leveraging from Budget 2024 to get ahead.

Keeping the Singapore dream alive - Budget 2024 takeaways from Executive Chairman

Keeping the Singapore dream going starts with ensuring businesses and individuals can overcome short-term challenges and prepare themselves for long-term growth.

Hear from Marcus, our Executive Chairman, on what businesses can consider leveraging from Budget 2024 to get ahead.

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1:47

Tap on the Refundable Investment Credit

Singapore's newly announced Refundable Investment Credit (RIC) scheme is designed to attract and incentivise multinational enterprises (MNEs) to invest in high-value and sustainable activities in Singapore. Lennon Lee, our Financial Services Tax Leader, breaks down the newly announced RIC scheme, and how MNEs can

Tap on the Refundable Investment Credit

Singapore's newly announced Refundable Investment Credit (RIC) scheme is designed to attract and incentivise multinational enterprises (MNEs) to invest in high-value and sustainable activities in Singapore.

Lennon Lee, our Financial Services Tax Leader, breaks down the newly announced RIC scheme, and how MNEs can leverage it to get a leg up.


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1:07

From reality to net zero ambition

With governmental support in green finance initiatives, we are one step closer to achieving net zero ambition. Tune in as our Sustainability and Climate Change Practice Leader, Eu-Lin shares her observation on Singapore’s sustainability agenda.

From reality to net zero ambition

With governmental support in green finance initiatives, we are one step closer to achieving net zero ambition.

Tune in as our Sustainability and Climate Change Practice Leader, Eu-Lin shares her observation on Singapore’s sustainability agenda.

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1:06

Go green with the Energy Efficiency Grant

The priority of enhancing Singapore’s energy efficiency has further increased governmental support to help businesses become more sustainable and competitive. Take stock of the enhanced Energy Efficiency Grant with Irene Tai, PwC Singapore’s Energy, Utilities and Resources Tax Leader, where she highlights key figures

Go green with the Energy Efficiency Grant

The priority of enhancing Singapore’s energy efficiency has further increased governmental support to help businesses become more sustainable and competitive.

Take stock of the enhanced Energy Efficiency Grant with Irene Tai, PwC Singapore’s Energy, Utilities and Resources Tax Leader, where she highlights key figures to keep in mind and actions needed to be a Budget winner.

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1:39

Act now and transform through AI

What does Artificial Intelligence (AI) mean for our people and businesses in the long run? Ching Ne, PwC’s Partner and Corporate Tax Leader unveils the benefits of the Government’s investment arising from the National AI Strategy 2.0 and how it impacts Singapore enterprises in the journey of AI innovation.

Act now and transform through AI

What does Artificial Intelligence (AI) mean for our people and businesses in the long run?

Ching Ne, PwC’s Partner and Corporate Tax Leader unveils the benefits of the Government’s investment arising from the National AI Strategy 2.0 and how it impacts Singapore enterprises in the journey of AI innovation.

Contact us

Lennon Lee

Tax Leader, PwC Singapore

+65 8182 5220

Email

Kor Bing Keong

Partner and Goods and Services Tax Leader, PwC Singapore

+65 9112 6982

Email

Tan Ching Ne

Partner and Corporate Tax Leader, PwC Singapore

+65 9622 9826

Email

Sam Kok Weng

Markets Leader, PwC Singapore

+65 9367 3340

Email

Paul Lau

Partner, Financial Services Tax, PwC Singapore

+65 8869 8718

Email

Tan Tay Lek

Partner, Corporate Tax, PwC Singapore

+65 9179 2725

Email

Irene Tai

Partner, Corporate Tax, PwC Singapore

+65 9756 8439

Email

Frank Debets

Managing Partner, Customs and International Trade at PwC Worldtrade Management Services, PwC Singapore

+65 9750 7745

Email

Suk Peng Ding

Workforce Tax Leader, PwC Singapore

+65 9171 9390

Email

Fang Eu-Lin

Sustainability and Climate Change Practice Leader, PwC Singapore

+65 9817 8213

Email

Martijn Schouten

People and Organisation Leader, South East Asia Consulting, PwC Singapore

+65 9667 4961

Email

Charles Loh

Singapore Consulting Leader, PwC Singapore

+65 9735 2389

Email

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