Singapore tax guideGST
Goods and Services Tax
Standard rate
9%
Since 1 January 2024
- Registration threshold
- S$1 million taxable turnover a year
- Zero-rated (0%)
- Exports, international services
- Exempt
- Most financial services, residential property, investment precious metals
- Returns
- Usually quarterly, due one month after the period ends
FAQ
Common questions
Yes, if your taxable turnover is more than S$1 million in a calendar year or is expected to be over S$1 million in the next 12 months.