27 Apr 2017

MGI Worldwide Insights: Singapore Budget 2017

Imran Assan, partner at MGI Alliance PAC Singapore, discusses the implications of this Budget

How will Singapore cope against a backdrop of political and economic uncertainty, rapid technological change and a rise in anti-globalisation sentiment around the world?

This appeared to be the key question that Finance Minister Heng Sweet Keat attempted to answer when he delivered his Budget Speech on Monday, 20th February 2017.

In this paper Imran Assan, partner at MGI Alliance PAC (formerly MGI Menon & Associates), Singapore, discusses the implications of this Budget, which appears to be an extension on the wide-ranging report by the Committee on the Future Economy (CFE), which was released on 9 February 2017.

MGI Worldwide Insights Singapore Budget 2017 screen shot

Imran points out that Budget 2017 takes a very targeted approach where SMEs are concerned. He examines the impact that the 2017 Budget will have on business and provides a summary and overview of tax implications.

DOWNLOAD FULL PAPER (PDF) HERE

MGI Alliance PAC (formerly MGI Menon & Associates) is a member of MGI Asia based in Singapore. Imran is a Partner at the Firm and also International Committee Member for MGI representing the Asia Area.

For more information contact Imran at [email protected] or visit MGI Alliance PAC’s MGI Worldwide member profile page HERE.

MGI Worldwide is a top 20 ranked global accounting network with some 5,000 independent auditors, accountants and tax experts in over 260 locations around the world.