A taxing affair: What's next after petrol duty and GST hikes?

The Government has imposed a petrol duty hike and is set to raise the GST rate soon.
The Government has imposed a petrol duty hike and is set to raise the GST rate soon.ST PHOTO: LIM YAOHUI

SINGAPORE - When Deputy Prime Minister Heng Swee Keat said during the recent Budget debate that there is scope to further review Singapore's wealth taxes, there was a flurry of speculation about what this could mean.

With the Government imposing a petrol duty hike and set to raise the GST rate soon, what other tax increases could be on the cards? ST speaks to analysts to find out.

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