The user inquires whether the Goods and Services Tax (GST) in Singapore is increasing in 2024, based on recent discussions or news regarding potential tax changes in the country.
7 answers
Leonardo
Mon Dec 02 2024
Singapore has decided to implement a significant change in its taxation policy.
Lorenzo
Mon Dec 02 2024
In the year 2024, the Goods and Services Tax rate will undergo an adjustment.
Elena
Mon Dec 02 2024
Currently, the GST rate stands at 8%.
LitecoinLodestar
Sun Dec 01 2024
However, it will be increased to 9% in the upcoming year.
GalaxyWhisper
Sun Dec 01 2024
This adjustment marks the second time the GST rate has been hiked.