One of the “lowlights” of Singapore Budget 2019 (and 2018 too, come to think of it) is the much-dreaded GST increase, together with the tightening limits for GST relief. Like a pair of pincers, the two GST changes work in tandem to trap us cheapo Singaporeans trying to save a few bucks. Not only will you have to pay more GST domestically, there’s also no way to escape rising taxes by shopping in JB or Batam, or buying cheap booze at DFS. I’m just kidding lah, please don’t flag me on the SGSecure app and put me in jail for sedition. As a bleeding-heart liberal with a big soft spot for old people, I’m perfectly happy to pay more for my organic kale and aerial yoga classes, as long as my money goes to making life cheaper for lower-income and ageing Singaporeans. Nonetheless, we should all stay on top of the latest GST changes in Singapore because they have very real repercussions on our spending and travelling behaviour.
Source from MSN News
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