GST for overseas digital services to be rolled out by 2020

Meanwhile, tax remains on goods purchased online priced above $400.

Starting 1 January 2020, consumers in Singapore will have to pay Goods and Services Tax (GST) on digital services purchased from GST-registered overseas service providers.

Only locally procured services are subject to GST as of the current. The amendment which was announced in Budget 2018, was intended to level the playing field in the GST treatment of services that are procured locally and overseas.

Also read: Singapore Budget 2018: GST to rise to 9% and a packet of smokes up 10%

Meanwhile, no changes will take place in online purchases of goods. Consumers are still required to pay GST on goods imported into Singapore, at the point of importation, with an exception on goods valued at $400 and below which are imported via air or post.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia