Increase in Singapore GST Rates | Amity Global Institute Pte Ltd
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Increase in Singapore GST Rates

Increase in Singapore GST Rates

28 Dec 2022

Dear Valued Students and Partners,

The Singapore Government has announced in Budget 2022 that the Goods & Services Tax (GST) rate will be increased from:

  1. 7% to 8% with effect from 1 January 2023; and
  2. 8% to 9% with effect from 1 January 2024

Please be advised that with these adjustments, all student contracts, fees collection and other invoices from 1st January 2023 will be subjected to the revised GST rates. Kindly contact us if you have any questions regarding the same.

Thank you.

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