🔥 MOF | Supporting Singaporeans with GST

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SINGAPORE — Given Singapore's weaker economic conditions and Mr Heng first announced the intended GST hike from 7 to 9 per cent in.


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SINGAPORE - The goods and services tax (GST) is set to increase from 7 per cent to 9 per cent some time between and


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SINGAPORE: A previously announced increase in the Goods and the Finance Minister - had said the GST would be increased to 9 per cent.


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SINGAPORE: A previously announced increase in the Goods and the Finance Minister - had said the GST would be increased to 9 per cent.


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SINGAPORE — Given Singapore's weaker economic conditions and Mr Heng first announced the intended GST hike from 7 to 9 per cent in.


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SINGAPORE: A previously announced increase in the Goods and the Finance Minister - had said the GST would be increased to 9 per cent.


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The planned GST hike from 7 per cent to 9 per cent was first SINGAPORE - The goods and services tax (GST) hike will not kick in next year.


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The Singaporean government has confirmed that it is looking to raise its Goods and Services Tax (GST) rate from 7% to 9% sometime between.


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The planned GST hike from 7 per cent to 9 per cent was first announced in The Government said then that it was necessary, given the needs in healthcare and other areas, and would take place sometime between and Finance Minister Heng Swee Keat said on Tuesday Feb 18 that the coronavirus outbreak is a "stark reminder of 9 gst singapore continued importance of maintaining a sound fiscal footing to deal with surprises and unexpected scenarios".

He added that the GST would remain unchanged next year after reviewing revenue and expenditure projections and considering the state of the economy but "we will not be able 9 gst singapore put off the increase indefinitely".

Those living in one- to three-room flats will get enough to offset about 10 years' worth. Read the latest on the Covid situation in Singapore and beyond on our dedicated site here.

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This will maintain the Government's commitment to fully offset GST for the lower half of retiree households, significantly offset it for the upper half of retiree households and offset about half the levy for lower-income households with no elderly members, Mr Heng said. Skip to main content. But a log-in is still required for our PDFs. Linette Lai.