author_orbitax
Orbitax

Share This Article

Singapore Launches Public Consultation on GST (Amendment) Bill 2022

15 June 2022

|

Proposed Changes

|

Singapore

Singapore's Ministry of Finance issued a release on 13 June 2022 announcing the launch of a public consultation on the proposed GST (Amendment) Bill 2022. --- Public Consultation on Draft Goods and Services Tax (GST) (Amendment) Bill 2022 13 Jun 2022 INTRODUCTION 1. The Ministry of Finance is proposing five amendments to the GST Act: a. Two amendments are to give effect to announcements made in the 2022 Budget Statement on 18 February 2022. The first proposed amendment effects the change in GST rate from 7% to 8% from 1 January 2023, and from 8% to 9% from 1 January...