Last updated: 2026-08-20

What is Singapore Budget 2026 and how does it affect businesses?

40% CIT Rebate (capped at S$40,000) and a S$2,000 cash grant. The grant is for companies that employed at least one local employee in 2025.

More in Taxation

What is the corporate tax rate in Singapore?What taxes do Singapore companies pay?What is the due date for filing Singapore corporate income tax?When must a Singapore company file its corporate income tax return?Is filing a tax return necessary if my company did not gain any profits for the year?Do I need to pay tax in the first year?Do foreign companies that set up in Singapore enjoy tax incentives?What are the tax exemptions available for new companies in Singapore?

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