Search results
Learn about VAT within Singapore. Find out which goods or services are liable to VAT, when to register and how to pay VAT. Get VAT news in Singapore.
Learn about Singapore GST Compliance and Rates. Get detailed VAT guidelines and rules for Singapore. VAT returns, VAT rates and more.
latest edition of the Guide to VAT/GST in Asia Pacific 2019. This guide is a summary of the VAT/ GST rules across 17 countries in the region. Reflective of one of the key global trends in indirect tax, we have included a new section on how indirect taxes apply to the digital economy in each country chapter. With this being an evolving
The standard rate of GST applies to taxable supplies of goods and services in Singapore. The standard rate of GST also applies on (i) the importation of goods into Singapore and (ii) imported services, with certain exceptions.
Goods and Services Tax or GST is a broad-based consumption tax levied on the import of goods (collected by Singapore Customs), as well as nearly all supplies of goods and services in Singapore. In other countries, GST is known as the Value-Added Tax or VAT.
10 gru 2019 · The current VAT or GST rate in Singapore is 7% for most goods and services but there are some goods that are either exempt from GST or are zero-rated supplies. Which businesses can charge Singapore’s VAT?
1 sty 2022 · There are two rates of GST that are applied to goods and services in Singapore; the standard rate and the zero rate. In addition, some goods and services are exempt from GST (e.g. the supply of investment precious metals, prescribed financial services).