Singapore Budget 2024 - Commentary

The Budget 2024 holds paramount significance, especially amidst the current global challenges which have contributed to a subdued economy and rising inflation. This budget serves as a compass guiding the nation through the complexities of a challenging global landscape, while promoting inclusive growth and resilience across all sectors of society. Gain insights into the new Budget announcement and find out how you can seize opportunities in this new epoch.

As Singapore stands at the threshold of its economic evolution, the unveiling of Budget 2024 marks a significant milestone. Under the umbrella theme “Building Our Shared Future Together”, Mr. Lawrence Wong, Deputy Prime Minister, and Minister of Finance, presented this pivotal budget on 16 February. Read our commentary to understand the key takeaways from this year's Budget.

Access the report to view the following:


  • Corporate Tax changes
  • Personal Income Tax changes
  • Other Tax changes
  • Commentary from our tax experts


  • Industry changes
  • Commentary from our consulting experts

Employment and workforce   

  • Employment and workforce changes
  • Commentary from our outsourcing and HR expert

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Singapore Budget 2024 - Commentary