Deloitte has shared its Budget 2026 wish list, calling for stronger Tax and AI Measures to support businesses, households and long-term economic growth in Singapore. The firm said these steps are needed as global spending slows and economic pressures remain uneven.<\/p>\n
The global economy is going through major structural changes. Budget 2026 should therefore help companies manage short-term costs while also encouraging innovation, digital growth and long-term resilience.<\/p>\n\n
Tax policy will play a key role in helping businesses absorb uncertainty and adapt to change. They believe the tax system should stay outward-looking and aligned with Singapore\u2019s wider economic strategy.<\/p>\n
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To improve competitiveness, refining existing tax rules to improve cash flow and reduce complexity is a necessary next step. This includes more flexible loss carry-back rules, better group relief options and clearer guidance on tax treatment for mergers and overseas income. These changes could help companies expand while managing financial risks.<\/p>\n
Stronger support for artificial intelligence is also needed. This includes setting up funds to help mid-sized businesses become AI-ready and expanding incentives under innovation schemes. Clearer guidance on global minimum tax rules was also urged, especially as new compliance requirements begin in 2026.<\/p>\n
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On innovation, better incentives to attract skilled talent in areas like AI, research and semiconductors are needed. This included special tax rates<\/a> for experts, simpler R&D incentives and improvements to the Refundable Investment Credit, including higher support rates and faster payouts.<\/p>\n For everyday operations, there must be clearer timelines on e-invoicing under InvoiceNow<\/a> and more help for businesses dealing with trade rules, sustainability reporting and supply chain changes.<\/p>\n On the people side, there is the need to update personal tax reliefs<\/a> to reflect inflation and support caregivers and families. It also suggested more flexible work options for students and incentives to attract global tech talent, helping to build a future-ready workforce.<\/p>\n <\/p>\n Overall, Budget 2026 is a chance to combine practical tax updates with forward-looking Tax and AI Measures that strengthen confidence, resilience and opportunity for both businesses and workers.<\/p>\n If your business needs guidance on tax planning, compliance or preparing for future policy changes, 3E Accounting<\/a> is here to help. Contact<\/a> our experienced team today for trusted, practical advice tailored to your business needs.<\/p>\n","protected":false},"excerpt":{"rendered":" Budget 2026: Tax and AI Measures to Strengthen Investor Confidence Deloitte has shared its Budget 2026 wish list, calling for stronger Tax and AI Measures to support businesses, households and long-term economic growth in Singapore. The firm said these steps are needed as global spending slows and economic pressures remain uneven. The global economy is…<\/p>\n","protected":false},"author":57,"featured_media":104467,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[],"class_list":["post-104466","post","type-post","status-publish","format-standard","has-post-thumbnail","category-regulatory-and-business","category-68","description-off"],"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/posts\/104466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/comments?post=104466"}],"version-history":[{"count":5,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/posts\/104466\/revisions"}],"predecessor-version":[{"id":107870,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/posts\/104466\/revisions\/107870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/media\/104467"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/media?parent=104466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/categories?post=104466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/tags?post=104466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Turning Policy Changes into Business Opportunities<\/h3>\n