SINGAPORE - Ride-hailing giant Grab will pass on the impending increase in goods and services tax (GST) to its private-hire drivers by increasing its commission by 0.18 percentage point on Jan 1, 2023 – a move that has drawn ire from some quarters and runs counter to what rivals Gojek, Tada and Ryde plan to do. The Nasdaq-listed company currently.
Singapore News - Ride-hailing giant Grab will pass on the impending increase in goods and services tax (GST) to its private-hire drivers by increasing its commission by 0.18 percentage point on Jan 1, 2023 – a move that has drawn ire from some quarters and runs counter to what rivals. Read more at www.tnp.sg
The planned goods and services tax (GST) increase could kick in as soon as this July if the approach taken with the previous GST rate hike in 2007 is a guide.
GST on imported items bought online: Experts, consumers unsure if it will make more people buy local Toggle share menu
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GST on imported items bought online: Experts, consumers unsure if it will make more people buy local
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GST on imported items bought online: Experts, consumers unsure if it will make more people buy local
FILE PHOTO: A parcel moves on the conveyor belt at Amazon s logistics centre in Graben near Augsburg. (REUTERS/Michaela Rehle)
17 Feb 2021 10:30PM) Share this content
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SINGAPORE: Experts and consumers are uncertain if the Government s move to extend the Goods and Services Tax (GST) to low-value items imported via air or post will make a push towards buying local.