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Anonymous

25 Feb 2020

Random

Singapore Budget 2020: What is our biggest takeaway?

Discuss anything about the Budget 2020. How do you think it will impact us, Singaporeans? What do you like and not like about the Budget 2020?

Discussion (12)

What are your thoughts?

Alex Chua

Alex Chua

25 Feb 2020

Level 9·Seedly student Ambassador 2020/21 at Seedly

As a student, it is nice to have some freebies from government. Gst will also not be hiking up anytime soon so my expenditure will not increase. I can save more and invest more.

It is comforting to see that the government is stepping up efforts on the environmental efforts

Good news is that GST will remain at 7% til 2021 at least. Bad news is that the tourism sector will take a hit due to the corona virus.

Rais M

Rais M

24 Feb 2020

Level 9·Accountant at SME

Guess the main key takeaways are those that impact us as Singaporeans.

1) GST will remain at 7% for 2021

2) The angbaos given by the government.. $$$

3) Additional SkillsFuture Credit

Jason Sing

Jason Sing

24 Feb 2020

Level 10·School Of Hard Knocks And Life at School Of Hard Knocks And Life

I like that GST rate will remain at 7% in 2021, but I dislike the fact GST will ultimately still need to be increased by 2025. I understand there is a need to continue investment in Singapore’s healthcare system, especially with an ageing population. However, I do hope that government could look for other sources of revenue to fund healthcare expenditure. Perhaps just my wishful thinking.

Thank you for that interesting serious

question.

I feel: As long as there are no major legal chan...

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