What are the taxes that the Government is considering? Any decision to raise taxes will not be taken lightly. 08 Dec 2017 26 Jan 2018 Listen cbd buildings 5As Prime Minister Lee Hsien Loong mentioned, raising taxes is "not a matter of whether, but a matter of when". We are working on the "When" and the "What". Any decision to raise taxes will not be taken lightly. We will inform the public well before the time comes and explain to Singaporeans what the money is needed for, and how the money we earn and we spend will benefit everyone, young and old. Source: Ministry of Finance This article is accurate as of Dec 2017. For latest updates, head over to www.mof.gov.sg.