Revised GST rate from 1st January 2024

2ND JAN 2024
Increase in GST in 2024

Dear Valued Customers,

Subject: Revised GST rate from 1st January 2024

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 8 percent to 9 percent from 1st January 2024 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