Budget 2022 highlights: GST hike, higher income tax for top earners and CDC vouchers for all

SINGAPORE – Finance Minister Lawrence Wong announced major tax changes and targeted help for workers, households and businesses in the Budget speech on Friday (Feb 18). Here are some highlights from his speech: 1. GST hike – The goods and service tax (GST) rate will increase from 7 per cent to 9 per cent in Read more about Budget 2022 highlights: GST hike, higher income tax for top earners and CDC vouchers for all[…]