The Singapore Government has announced that good and services tax (GST) will be increased from 7% to 9% over the next 2 years. 

  • 8% GST from 1st January 2023
  • 9% GST from 1st January 2024

gst news

For more information, please refer to the government official website:

https://www.iras.gov.sg/taxes/goods-services-tax-(gst)/gst-rate-change/gst-rate-change-for-business/overview-of-gst-rate-change

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