To assist Singaporeans in coping with the impact of the GST rate hike, the Government enhanced the Assurance Package to over SGD10 billion in September 2023. This ensured that the AP will continue to offset additional GST expenses for the majority of Singaporean households for at least five yea...
GST is set to rise to 9% in 2024. Before your business can start to import and export goods to Singapore, you need to obtain a UEN number by registering with Singapore Customs. All goods imported into Singapore are regulated under the Customs Act, the Goods and Services Tax (GST)...
Singapore’s personal income tax rate is determined by the individual’s tax residency status. An individual will be recognised as a tax resident in Singapore iftheyare a: Singapore Citizen(Except for temporary absences) Singapore Permanent Resident(Has a permanent home in Singapore) ...
SingPost to Adjust Postage Rates to Meet 2023 and 2024 GST Increases and Exceptional Cost Increases Read More 08 Dec 2022 SingPost commemorates opening of the Children’s Museum Singapore with stamp issue Read More 15 Nov 2022 Commemorative stamps to mark 50th anniversary of Singapore-Bangladesh ...
1. Assist to complete and submit GST registration (GST F1 forms) 2. Assess and assist in the application for exemption for GST registration (GST F2 forms) 3. Advise proper documentation and best practice to comply with the GST Act
current seven percent rate. The rate hike to nine percent is now expected to occur be between 2022 and 2025. In addition, GST will be applied to low-value goods bought online and imported by air or, as well as business-to-consumer imported non-digital services post from January 1, 2023...
should there be recommendations from Samsung’s technician for Customer to do a repair on the Device and if Customer agrees to proceed with such recommended repairs, Customer shall pay the repair costs (parts and labour) including GST to the Samsung Customer Service Centre in accordance to Samsung...
Businesses in the US will also need to pay attention to the new rules for GST chargers under the Overseas Vendor Registration regime. As long as you meet the prescribed conditions for mandatory registration of GST in Singapore, you will need to charge GST on all products sold to Sin...
Why Engage a Corporate Secretarial Services Provider? Singapore Tax Basics: A Must-Read Guide for Business Owners Singapore Dividend Taxes: Everything You Need to Know 2024 Singapore GST Rate Change Transitional Rules Rikvin Pte Ltd EA License No. 11C3030 30 Cecil Street, #19-08 Prudential ...
For example, the Singapore government exempted investment precious metals from the Goods and Services Tax (GST) in 2012, which enabled the country to become a trading, transit, and storage hub for precious metals as well as paved the way for BullionStar’s establishment....