Singapore GST calculator

How gst in Singapore is calculated

The rate comes from the statute. Section 16(1) of the **Goods and Services Tax Act 1993** lists the rate’s whole history in one provision — 7% from July 2007, *"8% for the period from 1 January 2023 to 31 December 2023"*, and *"9% from and including 1 January 2024"*.

That two-step rise is still worth understanding, because the Act also says what happens to a supply that straddles the change: tax is chargeable *"at the tax rate of 8% on the part or the whole of the chargeable value of the supply that is treated as taking place ... before 1 January 2024"* and at 9% on the part after. So a single Singapore invoice spanning that new year can legitimately carry two rates, which is the kind of detail a flat rate table hides.

The registration test is a **calendar year**, which makes Singapore unusual here: most countries in this catalog measure a rolling twelve months, so their test can trip in any month, while Singapore’s resets each January. The First Schedule asks whether the total value of taxable supplies *"in that calendar year has exceeded $1 million"*. Exports and international services are zero-rated and most financial services are exempt — different mechanisms from a reduced rate, so neither appears here as a band you can pick.