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What is the Corporate Income Tax (CIT) rebate for YA 2026 and how does it work?

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What is the Corporate Income Tax (CIT) rebate for YA 2026 and how does it work?

Under Budget 2026, the Singapore Government has introduced a Corporate Income Tax (CIT) rebate of 40% of tax payable for YA 2026 to help businesses manage rising operational costs.

This means that after computing your company’s tax payable, 40% of that amount will be offset, reducing your final tax liability. However, the total benefit (including cash grant) is capped at $30,000 per company.

How can Achibiz help businesses maximise Budget 2026 benefits?

Achibiz provides end-to-end support, including:

  • Tax planning to maximise rebates and deductions
  • Eligibility assessment and structuring
  • Compliance and documentation handling
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