The Minister of Finance confirmed that the tax on goods and services (GST) will increase starting 1 January 2023. This change breaks a 15-year cycle of consistent GST rates in Singapore. Are you prepared for this imminent change?
Source: vatit.com
Latest Posts in "Singapore"
- IRAS Mandates InvoiceNow for Voluntary GST Registration: Streamlined E-Invoicing for Singapore Businesses
- Singapore Clarifies GST Registration: New FAQs on Thresholds, Special Cases, and Business Implications
- IRAS Updates FAQs on GST Registration Requirements for Businesses in Singapore, August 2025
- Comprehensive Guide to GST in Singapore: Concepts, Administration, and Schemes (16th Edition)
- IRAS Updates GST Guide for Businesses: Key Changes and New Self-Assessment Requirements
