Past Event: Wednesday, October 12, 2022
Event Details

1 January 2023 will bring about a number of Goods and Services Tax (GST) changes, including the GST rate increase. Our briefing is aimed at breaking down the new rules that will come into force on 1 January 2023.

The session will cover several aspects of the rate change from 7% to 8%, including the transitional rules that businesses will need to know to avoid penalties for applying the incorrect rate to transactions that span the rate change date. We will walk through various scenarios and how the transitional rules apply to each of them. We will also cover the considerations and planning that businesses need to keep in mind when preparing for the GST rate increase.

We will also look at the other changes on 1 January 2023 - namely the expansion of GST to Business-to-Consumer remote services and low value goods, and the change in GST treatment of travel arranging services.

The briefing will cover

  • Understanding the transitional rules
  • Preparing for the GST rate increase
  • Other GST changes starting 1 January 2023
    • B2C imported services
    • Low-value goods
    • Travel arranging services

Registration starts at 9.15am. Refreshments will be provided.

 

Price

SGD 150 per participant (including GST).

Discounted rate of SGD 120 is available for clients, affiliates, SCTP members and groups of 3 or more. Under referrer, please specify your referrer's name or indicate "SCTP member" in your registration form.

Spaces are limited, so register now.

 

Getting to The Westin

Level 3, 12 Marina View, Asia Square Tower 2

Singapore 018961

The Westin is conveniently located near the Downtown MRT station. Alternatively, you may a 10-minute walk from Raffles Place MRT or take one of the many buses servicing the area.

We recommend taking public transport as complimentary parking will not be provided.

Feel free reach out to events@sg.gt.com for more information.