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gst registration

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Tax Review: Singapore Budget 2018 and 2019 GST Policy Changes

By |2020-01-31T15:38:45+08:00January 31st, 2020|Guides, IRAS GST|

On the 20th of February 2018, Finance Minister, Mr Heng Swee Keat announced in his Singapore budget 2018 speech that the country’s GST rate will be increased from 7% to 9% starting from 2021 onwards. On the GST front, digital services such as Netflix subscriptions as well as apps [...]

Factors to Consider Before Applying for Voluntary GST Registration

By |2019-12-17T16:49:42+08:00December 17th, 2019|Guides, IRAS GST|

By law, Singapore companies must apply for GST registration should they meet the sales threshold set by the Inland Revenue Authority of Singapore (IRAS). Companies that do not meet the criteria for compulsory registration may also apply for voluntary GST registration. Our basic guide can help businesses and companies decide [...]