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Singapore GST rate to increase to 8% from January 1, 2023

The GST rate rise has been confirmed in the Singapore Budget 2022. A phased approach is now confirmed with the rate of GST first increasing to 8% from January 1, 2023 and then to 9% from January 1, 20...Continued

Singapore GST reforms for foreign sellers

The city-state of Singapore is looking to withdraw its low-value items import GST threshold from 2023. This is similar to reforms already executed in Australia, New Zealand and the EU....Continued

Singapore GST on ecommerce imports Jan 2023

Singapore is to impose Goods and Services Tax (GST) on imported sales of goods from 1 January 2023. Currently, imports not exceeding SGD 400 (about €250) are exempt from GST. Non-digital B2C services ...Continued

Singapore missing trader fraud GST liabilities

Following a public consultation, Singapore has brought forward legislation (Goods and Services (GST) (Amendment) Bill 2020) to make traders liable for missing VAT if they should have been able to dete...Continued

Singapore GST reliefs for coronavirus crisis

Singapore has announced deferments on Goods and Sales Tax....Continued

Singapore GST missing trader fraud reforms

Singapore is considering a range of Goods and Sales Tax reforms to reduce fraud and simplify the regime. This includes tacking missing trader frauds. The measures are going to public consultation. ...Continued