
When a person is making payments (where withholding tax is applicable) to a non-Singapore tax resident, he must account (i.e. withhold) for the withholding tax at the earliest of the following dates...

For the past two years, Singapore has invested much of its Budget into combating the COVID-19 pandemic and supporting businesses and households through the economic downturn. This year’s Budget 2022 entitled “Charting Our New Way Forward Together” was delivered by Singapore’s Finance Minister, Mr. Lawrence Wong, on 18 February 2022 amidst Singapore’s transition out of the pandemic and emergence into a new normal.

The focus of Budget 2022, as announced by the Finance Minister Mr Lawrence Wong, is to adopt collective resources to forge forward together, strengthen our economy and social compact, position ourselves for the upturn to achieve first-mover advantage, and seize new opportunities for growth.