On January 1 2024 the Singaporean Government increased Goods and Services Tax (GST) from 8% to 9%. Learn how it affects you.
Singapore GST Voucher 2025 aims to provide financial support via various components, such as GSTV Cash, U-Save, MediSave, and S&CC rebates.
GST on non-dutiable goods is suspended at the point of import and also when the goods are removed from Zero GST warehouses Cash Accounting Scheme Businesses only have to account for output tax when payment is received Click here to read more about general industry-related GS...
Through cash: Bring your passport to the GST Cash Refund Counter at the Departure Transit Lounge Area to claim your money. However, you can only receive your VAT refund in Singapore through cash if you depart from Changi Airport. Via credit card: You can go ahead and board your plane. You...
To create a pro-enterprise environment, Singapore has several assistance schemes relating to GST. These schemes generally help to ease the cash flow for businesses. Goods and Services Tax Assistance Scheme Get a grant to lower the costs involved in becoming a GST-registered trader. GST traders ca...
Do I need to make a minimum spend amount to qualify for the new additional Rewards Points under the Prudential Card Rewards Points Promotion? No, you are not required to make any minimum spend amount to qualify for the new additional Rewards Points under the Promotion ...
Singapore: This document is being distributed in Singapore by, and is attributable to, Standard Chartered Bank (Singapore) Limited (Registration No. 201224747C/ GST Group Registration No. MR-8500053-0, “SCBSL”). Recipients in Singapore should contact SCBSL in relation to any matters arising ...
Goods and Services Tax (GST): GST is the tax levied on the supply of goods and services in Singapore. GST also applies to imported goods. All businesses with a revenue over S$1m must apply GST. Singapore Central Provident Fund (CPF): This is Singapore's national pension fund. All emplo...
Cash assistance The government has topped up the Assurance Package (AP) scheme by S$3 billion (US$2.2 billion) under Budget 2023. The AP scheme was introduced under Budget 2020 to help Singaporeans offset the planned increase in GST.
Audit ConfirmationS$50 per request, or S$54.50 w/GST (where applicable) Statement Retrieval ChargesAll Statements Current and previous month:Free Within 1 year:S$20 per copy Within 1 to 3 years:S$30 per copy More than 3 years:S$50 per copy...