Search results
Results from the WOW.Com Content Network
In view of uncertainty due to the COVID-19 pandemic, the GST increase [14] will be deferred to after year 2022, with a S$6 billion Assurance Package proposed in 2020 to cushion the impact when the hike kicks in. The GST increase is later deferred again, with the increase taking place in two stages, 8% on 1 January 2023 and 9% on 1 January 2024.
8 September – Singapore will switch to a new satellite-based Electronic Road Pricing system by 2023 with the same congestion pricing framework instead of distance charging for now. As a result, installation of new onboard units (OBUs) will start from the second half of 2021, delayed due to the COVID-19 pandemic .
For premium support please call: 800-290-4726 more ways to reach us
Goods and Services Tax (GST) in Singapore is a value added tax (VAT) of 9% levied on import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services. [ 87 ]
In FY2016/17, IRAS uncovered 10,626 non-compliant cases and recovered about $332 million in taxes and penalties through rigorous audits and investigation. IRAS collected S$50.2 billion in tax revenue in FY2017/2018, which was an increase of 6.8 per cent from FY2016/2017. [8]
10 August 1970 Lee K. III: Hon Sui Sen MP for Havelock (1916–1983) 11 August 1970 14 October 1983 Lee K. IV: Lee K. V: Lee K. VI: Tony Tan MP for Sembawang (born 1940) 24 October 1983 1 January 1985 Richard Hu MP for Kreta Ayer SMC (until 1996) MP for Kreta Ayer–Tanglin GRC (from 1997) (1926–2023) 2 January 1985 9 November 2001 Lee K. VII ...
Daiso Singapore said that its new prices that will take effect from 1 May entail the “smallest increase possible” while ensuring the quality of its products.
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 February 2025. Economy of Singapore Skyline of Singapore's Downtown Core Currency Singapore dollar (SGD/S$) Fiscal year 1 April – 31 March Trade organisations WTO, APEC, CPTPP, IOR-ARC, RCEP, ASEAN and others Country group Developed/Advanced High-income economy Statistics Population 6,040,000 (2024 ...