- IRAS updated its GST guidance for construction services on 18 March 2026, introducing a new educational video.
- The video explains GST rules on billing, deposits, worker dormitories, reimbursements, input tax claims, and common reporting errors.
- It clarifies distinctions between taxable and non-taxable items, such as deposits, compensation payments, and dormitory rentals.
- The update aims to help construction businesses maintain compliance and correctly apply GST rules in complex projects.
Source: regfollower.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.
Latest Posts in "Singapore"
- Singapore Issues New GST Guidance for Construction Industry: Key Rules and Input Tax Clarified
- Appeal on Denial of Input Tax Claims for 82 Transactions under GST Act Dismissed
- Adopting the GST InvoiceNow Requirement – IRAS Webinar on May 14
- Webinar IRAS: Adopting GST InvoiceNow Requirement (May 14)
- Webinar: Adopting GST InvoiceNow Requirement for Seamless Digital Invoicing and Compliance
