Removal of Home Leave Concession for Expatriate Employees

This tax change was announced by the Minister for Finance, Mr. Heng Swee Keat, in his Budget Statement for the Financial Year 2016.

Hiring and Retaining Employees – Support for Employers

The current pandemic has disrupted the economy and business sentiment are expected to remain uncertain for the rest of the year. In a bid to reducing operating cost, many companies have to freeze hiring and some even have to resort to retrenching their employees. As a result, job seekers are currently faced with fewer job […]

Changes in CPF Contribution Rates, Retirement Age and Re-Employment Age

The Singapore Government announced in August 2019 that the Central Provident Fund (CPF) contribution for older workers will increase and similarly the statutory retirement and re-employment age will also increase. This article seeks to provide more information on these changes.