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GST to go up to 9%, hike expected to kick in between 2021 and 2025
SINGAPORE — The Goods and Services Tax (GST) will be raised from 7 to 9 per cent some time between 2021 and 2025, Finance Minister Heng Swee Keat announced on Monday (Feb 19) in his Budget speech.
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Explainer: Almost every country has some form of GST, so what makes S’pore’s unique?
SINGAPORE — The Government is expected to announce more details of a long planned increase in the goods and services tax (GST) during Friday’s (Feb 18) Budget 2022 statement. Prime Minister ...