




Frequently Asked Questions
Do I need to register for GST in Singapore?
You must register for GST if your annual taxable turnover exceeds S$1 million or if you anticipate it will exceed this threshold within the next 12 months. Even if your turnover is below this threshold, voluntary registration may be beneficial.
What are the consequences of late GST filing?
Late filing of GST returns can result in fines, penalties, and increased scrutiny from IRAS. It’s essential to file on time to avoid these issues.
Can I claim back GST on my business expenses?
Yes, you can claim GST on business expenses as long as they are incurred for business purposes and supported by valid tax invoices.
What happens if I make an error in my GST return?
If you realize an error in your GST return, it’s important to rectify it as soon as possible. We can assist with voluntary disclosures to IRAS to minimize potential penalties.
How often do I need to file GST returns?
GST returns are typically filed quarterly, but this can vary depending on your business’s circumstances. We handle the scheduling and submission to ensure compliance.
