Insights

Industry reads and team news.

Practical reads on what’s changing in finance, tax, and compliance in Singapore.

TAX AND COMPLIANCE Yashika Gahlaut TAX AND COMPLIANCE Yashika Gahlaut

GST Phase 2 is Coming – Here’s What You Need to Know

With the first phase of the GST increase behind us, the impact on businesses and consumers is evident. Some companies absorbed the cost and used the increase as a marketing opportunity to demonstrate customer loyalty. Others quietly made price adjustments with customers aware of the upcoming change.

Now that we have passed the first phase, it is time to start preparing for the second, aiming for the smoothest transition possible.

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