by The Raffles Corporate Services Editorial Team | Aug 4, 2026 | GST, Tax
For businesses that import goods into Singapore, Goods and Services Tax (GST) is charged at the point of importation. That means paying import GST to Singapore Customs up front, then waiting to claim it back as input tax when the GST return is filed. For an...
by The Raffles Corporate Services Editorial Team | Jul 24, 2026 | GST, Tax
Getting on the GST register is well-trodden ground for Singapore businesses. Getting off it is less understood, and getting it wrong can leave a company charging tax it should not, or continuing to file returns it no longer needs. If your turnover has fallen, your...
by The Raffles Corporate Services Editorial Team | Jul 23, 2026 | Corp Sec Library, GST, Tax
Most Singapore business owners know the basics of GST registration — once your taxable turnover crosses S$1 million, you register, charge 9% GST and file returns. But once a business grows into a group of related companies, or a single company runs several...
by The Raffles Corporate Services Editorial Team | Jul 22, 2026 | GST, Tax
Few things frustrate a GST-registered business more than paying output tax on a sale, then never getting paid by the customer. You have already handed the 9% GST to IRAS, but the invoice is now a bad debt. The good news is that Singapore’s GST system lets you...
by The Raffles Corporate Services Editorial Team | Jul 15, 2026 | Corp Sec Library, GST, Tax
Singapore’s Goods and Services Tax (GST) used to stop at the border for services. Foreign digital service providers streamed video into Singapore living rooms, sold software subscriptions to Singapore SMEs, and shipped low-value parcels to Singapore doorsteps,...
by The Raffles Corporate Services Editorial Team | Jul 5, 2026 | Corp Sec Library, GST
Every Singapore business owner will eventually have to answer the same question: do I need to register for GST? The answer used to be a simple turnover check. It is now three separate tests, plus a fresh set of overseas-vendor rules that catch e-commerce and services...