The long-awaited GST rate rise has been confirmed in the Singapore Budget 2022. The future rate rise had originally been announced in Budget 2018, but a phased approach is now confirmed with the rate of GST first increasing to 8% from January 1, 2023 and then to 9% from January 1, 2024.
Source Avalara
Latest Posts in "Singapore"
- IRAS Updates GST Guide for Businesses: Key Changes and New Self-Assessment Requirements
- Singapore Updates GST General Guide for Businesses in Relation to the Gross Margin Scheme
- IRAS Releases Updated Guidance for Completing GST Form F5 in Singapore
- IRAS Updates Guidance on Completing GST Returns
- GST: Comprehensive Business Guide by IRAS, 15th Edition, Published January 2024
