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Singapore GST changes

  • Oct 5, 2018 | Richard Asquith

Singapore GST changes

The Ministry of Finance in Singapore is to update its proposals to reform its Goods and Services regime following a recent public consultation. The reforms include:

  • Imposition of split GST payments on B2G supplies to limit fraud
  • A 2020 requirement on non-resident providers to change GST on B2C digital supplies with an annual threshold of SGD100,000;
  • The imposition of GST on B2B supplies by non-resident providers and an annual threshold for foreign suppliers of SGD1m.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara