- GST-registered businesses will be required to use InvoiceNow solutions to transmit invoice data directly to IRAS for tax administration.
- This will be done in phases, starting with voluntary early adoption from May 2025:
- From 1 May 2025, for voluntary early adoption by GST-registered businesses (soft launch)
- From 1 November 2025, for newly incorporated companies that register for GST voluntarily
- From 1 April 2026, for all new voluntary GST-registrants
Source Alex Baulf
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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