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Home/Posts/Tag: gst

Singapore Budget 2020 – Goods and Services Tax (GST)

By |2020-02-21T15:40:28+08:00February 21st, 2020|Goods and Services Tax (GST), Insights|

NAVIGATION GST Rate 1.  GST RATE As announced in Budget 2018, the GST rate is planned to go up from 7% to 9% between year 2021 and 2025. This is necessary as the Minister foresee support in higher healthcare and other [...]

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 [...]

Singapore IRAS GST legislation: Tax Facts

By |2019-12-02T13:17:40+08:00December 2nd, 2019|Guides, IRAS GST|

Goods and Services Tax or GST is a broad-based consumption tax charged in addition to the price of imported goods, as well as a wide-ranging category of goods and services in Singapore. GST is administered by IRAS and is more commonly known as the Value-Added Tax (VAT) in overseas [...]