Year-end tax season doesn’t have to be overwhelming. This checklist gives Singapore SMEs a structured approach to closing accounts, filing ECI, choosing the right tax form, and meeting IRAS deadlines.

The Singapore Budget 2025 introduces several significant accounting and tax changes aimed at supporting businesses, fostering innovation, and enhancing the country's competitiveness as a global financial hub. This article delves into the key changes and their implications for businesses operating in Singapore.

ATHR's CEO, Wan Wei Han, breaks down his key takeaways from Budget 2025 highlights for SMEs and entrepreneurs, focusing on AI adoption, sustainability incentives, and workforce upskilling. By leveraging government grants and digital tools, businesses can automate routine tasks, track carbon footprints, and empower teams with new skills for greater efficiency, competitiveness, and resilience amid an ever-evolving landscape.

Singapore Budget 2025 introduces targeted support for employers and skilled professionals, emphasizing training subsidies, digital innovation, and talent retention initiatives. With adjustments to corporate taxes and enhanced workforce grants, these measures can help businesses strengthen resilience and elevate their competitive edge. Understanding and leveraging these opportunities is key to thriving in Singapore’s evolving business environment.

Singapore Budget 2025 introduces vital support for SMEs, including corporate tax rebates, funding for digital transformation, and expanded globalisation initiatives. With increased investment in innovation, sustainability, and infrastructure, businesses can leverage these measures to enhance competitiveness and long-term growth. Understanding these opportunities is key to navigating Singapore’s evolving business landscape.

Singapore is a leading business hub known for innovation and sustainability. Through targeted sector promotion and supportive funding, Singapore’s government seeks to drive economic growth. For new businesses, PRs, and foreign entrepreneurs, understanding these priorities can unlock opportunities for success in Singapore’s dynamic market.

Discover why Singapore stands out as a top investment destination among the Four Asian Tigers. Learn about its pro-business policies, robust financial sector