GST increase
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TIMING OF GST INCREASE.
. Claim 100 tax credits. Turning to the impact of a GST increase on Singaporeans and whether it can be delayed Ms Indranee said that the Government has designed things in a way that irrespective of when the increase. Signup for a Free Trial.
Economists had previously told TODAY that 2022 provides a window of opportunity for the Government to implement a GST increase even though there is never a good time to. We will be covering the Singapore Budget 2022 live on Friday 18 February 2022 at 330pm. Signup for a Free Trial.
Not to mention details of the timeline for the impending goods and services GST hike after Prime Minister Lee Hsien Loong announced in December 2021 that the Government will start moving with its plans to increase GST from 7 to 9 for Budget 2022.
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