Singapore to increase its GST rate to 9% from Jan 2024

28 February 2023

The Singaporean parliament has confirmed that the country's Goods and Services Tax (GST) rate will rise from 8% to 9% from 1 January 2024.

This follows the GST rate increase implemented on 1 January 2023, which increased from 7% to 8%.

For information regarding GST registration in Singapore, please click here.

Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.

We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.

Get in touch

Let us solve your current business VAT challenges

CONTACT US
LATEST NEWS

Latvia delays introduction of mandatory e-invoicing...

The Latvian parliament (Saeima) confirmed that the introduction of mandatory e-invoicing for domestic B2B transactions will be delayed from January 2026 to...

SEE MORE
VAT news
LATEST NEWS

European Commission release 2025 Annual Report on...

The European Commission recently released the Annual Report on Taxation for the year 2025.  This report provides a factual and analytical description of...

SEE MORE
VAT news
LATEST NEWS

Croatia will introduce mandatory e-invoicing for...

Croatia have become the latest EU country to confirm they will introduce a mandatory electronic invoicing regime for B2B transactions, from 1 January...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.