Last Friday, Finance Minister Lawrence Wong delivered his first-ever budget proposal, with the theme “charting our new way forward together". We talk through the major points with Reggie, founder of the Financial Coconut (TFC), whose team focuses on all things-related to money. In this episode (Part 1), we’ll cover the first 2 main talking points:(1) the GST hike and (2) new taxes on the wealthy. For Part 2, head on over to the episode on TFC at the link below, where we’ll talk about (3) changes to the CPF, (4) changes to taxes on businesses and (5) support for businesses and industries.
 
Check out Part 2 of our collaboration with TFC when it's out (will drop updated link here later)! Check out the TFC website: https://thefinancialcoconut.com/
 
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About Budget 2022

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Budget 2022: A cheat sheet

Singapore Budget 2022: Charting a new path forward

6 Things From Singapore Budget 2022 That Will Affect You Financially