Revised GST rate from 1st January 2023

4TH JAN 2023
GST Increase Notice 2023

Dear Valued Customers,

Subject: Revised GST rate from 1st January 2023

As a GST-registered company, we will revise the GST rate to the prevailing rate as announced by the Minister of Finance in Budget 2022. The GST rate will increase from 7 percent to 8 percent from 1st January 2023 onwards.

If you should require more information on the GST rate change, please refer to the link below:

https://www.iras.gov.sg/taxes/goods-services-tax-(gst)/gst-rate-change/gst-rate-change-for-business/overview-of-gst-rate-change

Thank you for your continued support.

 

Yours sincerely,

Team FiberTek