All businesses must register for Goods and Services Tax (GST) when their taxable turnover exceeds SGD$1million in the last 4 quarters or if they can reasonably foresee that it will exceed SGD$1million in the next 12 months. If your business does not meet the criteria above, it can still register for GST voluntarily.
Do contact us if you wish to discuss your GST obligations or if you wish to know whether being voluntarily GST registered will be beneficial to you. You can reach us at shamala@mss-consultancy.com or visit www.mss-consultancy.com
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