3 common scenarios If your business is not yet registered for Goods and Services Tax (“GST”), you may be required to register under 3 common situations: a. If you have made taxable supplies of more than S$1m in past year Under the Goods and Services Tax Act 1993 (“GST Act”), if you have made taxable
Avoiding Common Errors in Complying with GST Regulations in Singapore
Avoiding Common Errors in Complying with GST Regulations in Singapore Regulatory frameworks in Singapore are stringent and constantly evolving; regardless of the industry you’re operating in, there are rules to follow. One such regulation critical for businesses to adhere to are the guidelines related to Goods and Services Tax (GST). Errors in compliance with GST