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Singapore Updates Several GST e-Tax Guides Concerning Prospective Registration and the Gross Margin Scheme

|Approved Changes|Singapore
Singapore

The Inland Revenue Authority of Singapore (IRAS) has published several updated GST e-Tax Guides, including updates concerning progressive GST registration from 1 July 2025 and other changes. The change in progressive GST registration essentially provides that if it is expected (forecasted) that taxable turnover will exceed SGD 1 million the next 12 months, taxpayers must register within 30 days after the forecast but will not be considered registered and required to charge GST until 2 months …

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