5. Singapore Budget 2026
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5. Singapore Budget 2026
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In this episode, Amy is joined by EY Singapore Tax partner, Chia Seng Chye where they discuss the Singapore Budget 2026 announcements and their impact on businesses.
The discussion covers three key themes:
• Singapore Budget 2026 focuses on future-proofing Singapore amid uncertainty, strengthen competitiveness and resilience.
• Artificial intelligence (AI) is a key focus of Budget 2026 — Singapore is doubling down on adoption, skills and its ambition to be a trusted global AI hub.
• With Singapore proceeding with BEPS 2.0 Pillar Two via the Multinational EnterpriseTop-up Tax (MTT) and Domestic Top-up Tax (DTT) regimes, companies need to get compliance-ready.
The Singapore Budget 2026 demonstrates fiscal prudence to reaffirm commitment to long-term economic resilience and sustainable growth. While there are no headline tax rates increase, targeted measures have been introduced to support businesses in their internationalisation journeys, accelerate AI and technology adoption, and strengthen workforce capabilities.