Comments on: News Stop: Notes for Entrepreneurs on Budget 2007 http://sgentrepreneurs.com/news-stop/2007/02/16/notes-on-budget-2007-singapore/ Get to know Asia. The Singapore entrepreneurship scene. Mon, 06 Feb 2012 11:55:14 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: wonderdoggy http://sgentrepreneurs.com/news-stop/2007/02/16/notes-on-budget-2007-singapore/comment-page-1/#comment-16245 wonderdoggy Fri, 16 Feb 2007 06:50:55 +0000 http://sgentrepreneurs.com/news-stop/2007/02/16/notes-on-budget-2007-singapore/#comment-16245 This budget is actually very beneficial for companies like mine. Even though we pay more for CPF, the increase in the corp tax exempt from 100K to 300K is extremely significant and more than offsets any CPF increase. GST increase does not affect us at all since we deal with corporate clients mainly. The rebate and GST grant for SME we will need to look more into it. It is a very small amount and I think not too significant. But i am happy with the workfare budget. I always felt that Singapore needs to do more for our less privilledged.Esp in recent years and the current high end market boom. Really our middle class and poor are quite left behind. This budget is actually very beneficial for companies like mine. Even though we pay more for CPF, the increase in the corp tax exempt from 100K to 300K is extremely significant and more than offsets any CPF increase.

GST increase does not affect us at all since we deal with corporate clients mainly.

The rebate and GST grant for SME we will need to look more into it. It is a very small amount and I think not too significant.

But i am happy with the workfare budget. I always felt that Singapore needs to do more for our less privilledged.Esp in recent years and the current high end market boom. Really our middle class and poor are quite left behind.

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