Singapore's Goods and Services Tax has risen from 7% to its current 9% rate, most recently in January 2024.
Businesses must register for GST once their annual taxable turnover exceeds $1 million. Voluntary registration is available below this threshold, subject to IRAS approval.
Registered businesses typically file quarterly GST returns (Form GST F5), reporting output tax collected and input tax claimed.
Calculate GST on any price.
Use the GST Calculator βGST classifications have detailed rules. Verify your specific goods/services classification with IRAS or a tax advisor.