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Tax & AccountingLegalComplianceFebruary 18, 2025

Singapore Budget 2025 - Tax and Accounting Report

By: Karen OhHemala PadmanathanLochana NanthacumarPang Siew Mui

On, Tuesday, 18 February 2025, the 2025 Singapore Budget was delivered by Prime Minister and Minister of Finance, Lawrence Wong.


Wolters Kluwer will be providing coverage of all the major economic, tax, accounting reforms and announcements impacting your clients and organisation.


The following report is a concise overview of the 2025 Budget based on the Budget Statement, written specifically for the tax & accounting sector.
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Tax & Accounting Singapore Budget Report Cover

Key highlights are outlined for:

Business tax

Personal tax

Goods and Services Tax

Other taxes

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