Goods & Services Tax (GST)

Government injects additional $11 bil in Covid-19 relief measures; GST hike to come between 2022 to 2025 - THE EDGE SINGAPORE

Budget 2021

Government injects additional $11 bil in Covid-19 relief measures; GST hike to come between 2022 to 2025

Dubbed the ‘Emerging Stronger Together’ Budget, the additional measures builds on the support unveiled in 2020’s Budget packages.

Broker's Calls

With elections over, it’s “jobs jobs jobs” for the PAP

Now that elections are over, the government will refocus efforts on job creation amid the Covid-19 recession.


GST talk resurfaces as oil prices tumble

Malaysia will be among the beneficiaries if China resumes its consumption of goods and services.

Budget 2020

A buffer from the virus and a long-term booster for the economy

To cushion the Singapore economy from the impact of the coronavirus outbreak and tackle longer-term structural challenges that could present greater downside risks to the republic, Budget 2020 will rack up the widest planned fiscal deficit since the Globa

Budget 2019

How to avoid higher business costs from GST

SINGAPORE (Feb 22): While the Goods and Services Tax took a back seat in this year’s Budget, apart from adjustments to the GST import reliefs for travellers, businesses were looking forward to a Budget boost that would make it easier for them to navigat


Excess $5.4 bil in excess taxes not refunded: Lim Guan Eng

SINGAPORE (Aug 23): Malaysia’s Finance Ministry yesterday said that the previous Barisan Nasional (BN) government did not refund RM16.05 billion ($5.35 billion) in excess income tax and real property gains tax (RPGT) paid by taxpayers as of May 31, 2018

In print this week

What does Malaysia scrapping its GST mean for Singapore stocks?

SINGAPORE (May 25): Malaysia’s decision to zero-rate the Goods and Services Tax from June 1 is widely expected to provide a small boost to consumer sentiment. Last year, GST revenue was RM44.3 billion ($15 billion) — equal to 3.3% of Malaysia’s GDP.


Mahathir aims to boost Malaysia stock market, get most of 1MDB money back

(May 11): Mahathir Mohamad said he’d lead a business-friendly administration and seek ways to boost Malaysia’s stock market in his first remarks after being sworn in as prime minister.

Singapore Budget

Singaporeans' BFF just saved them a tax increase: Bloomberg Gadfly

SINGAPORE (Feb 21): Singaporeans have dodged the bullet of higher consumption taxes, at least for the next three years. They should thank their new BFF -- the bond market.

Singapore economy

Singapore to bite the GST bullet to ensure fiscal sustainability: DBS

SINGAPORE (Nov 28): Chances are high that the Goods & Services Tax (GST) will be raised in Budget 2018, says DBS.