- Singapore’s Finance Minister rules out further GST rate hikes in the next five years
- GST rate was increased from 7% to 8% in 2023 and then to 9% in 2024
- Minister stated that funding gap is closed until 2030 and no further GST increases are needed until then
Source: answerconnect.cch.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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