Budget 2025 on GoBusiness
Check out the Budget Navigator for Businesses on the GoBusiness portal
Managing Business Costs
- Benefits for companies capped at $40,000
- 50% Corporate Income Tax Rebate for Year of Assessment 2025
- Minimum benefit of $2,000 for active companies with at least one local employee in 2024
- Raise co-funding levels for Progressive Wage Credit Scheme in 2025 and 2026
Enhancing Technology and Innovation Engines
- $3 billion top-up to National Productivity Fund
- $1 billion investment in R&D infrastructure
Strengthening Enterprise Ecosystem
- Extend support schemes for internationalisation, as well as mergers and acquisitions
- Up to $150 million for new Enterprise Compute Initiative
- $1 billion Private Credit Growth Fund
- Tax incentives to support development of Singapore’s equities market
- Launch Global Founder Programme
Investing in Infrastructure
- $5 billion top-up to Changi Airport Development Fund
- $5 billion top-up to Future Energy Fund
