by The Raffles Corporate Services Editorial Team | Jul 1, 2026 | Corp Sec Library, GST, Running Your Company
Singapore’s shift to InvoiceNow — the ubiquitous e-invoicing network built on the international Peppol framework — has moved from optional to essential. Since 1 November 2025, GST-registered businesses onboarding voluntarily to InvoiceNow have benefited from...
by The Raffles Corporate Services Editorial Team | Jun 30, 2026 | Corp Sec Library, GST
Singapore is a trading hub, and the GST system can be tough on companies that import vastly more than they sell domestically. The standard rule — pay 9% GST on imports, claim it back later as input tax — works for most businesses, but for import-heavy traders it locks...
by The Raffles Corporate Services Editorial Team | Jun 15, 2026 | Corp Sec Library, GST
If you run a business in Singapore, GST is one of those compliance items that quietly turns into a problem if you ignore it. Cross the wrong threshold, miss a registration deadline, and you can end up backdated to the date you should have registered — owing GST on...
by The Raffles Corporate Services Editorial Team | May 31, 2026 | Corp Sec Library, GST
If your Singapore company purchases services from overseas suppliers — software subscriptions, cloud hosting, professional advisory, marketing platforms, intra-group management fees — you may be required to self-account for GST on those purchases under the Reverse...
by The Raffles Corporate Services Editorial Team | May 26, 2026 | GST, Running Your Company, Tax
Every year, a Singapore company finance team will catch an error in a previously filed corporate tax return, GST return or withholding tax submission. Maybe a deductible expense was missed, a non-deductible expense was claimed, a withholding obligation was overlooked,...
by The Raffles Corporate Services Editorial Team | May 25, 2026 | GST, Tax
Goods and Services Tax (GST) is a 9% broad-based consumption tax in Singapore. If your business turnover crosses certain thresholds — or if you anticipate it will — you must register with the Inland Revenue Authority of Singapore (IRAS) and charge GST on your taxable...
