Singapore GST increase from 8% to 9%

Tag: Announcements

It was announced in Singapore’s Budget in February 2022, that there would be a two-stage GST rate increase. The first stage was implemented in January 2023 from 7% to 8%, The second stage, a change from 8% to 9% will be implemented on 1 January 2024.

GST Rate Change for Consumers (iras.gov.sg)

Please note that items in the E-shop will be subjected to a GST increase to 9% on 1 January 2024.