The bill includes measures to: 1) increase the GST rate to 8 percent from 7 percent, effective Jan. 1, 2023, through Dec. 31, 2023; 2) increase the GST rate to 9 percent from 8 percent, effective Jan. 1, 2024; ..
Source: bloombergtax.com
Latest Posts in "Singapore"
- GST Updates: Free Parking Exceptions and Overseas Vendor Registration Input Tax Claims
- Singapore GST Registration Rules: Two-Month Grace Period for Prospective Basis from July 2025
- GST Gross Margin Scheme Approval Requirement Removed from July 2025
- GST InvoiceNow Requirement: Mandatory Implementation Timeline for Voluntary GST Registrants
- Briefing document: Singapore GST InvoiceNow business guide