At RMS, we provide comprehensive GST services to assist businesses in Singapore with IRAS compliance. Our team of experts can help with GST registration, filing for tax returns, input tax credit claims, GST compliance reviews, advisory services, and more. Take the pressure off yourself, and let our experts handle these time-consuming tasks effectively instead.
Why Choose RMS For Your GST Solutions
We don't miss deadlines, so you won't either.
Count on us to answer all your compliance concerns.
Full range of services to support your business.
GST Compliance You Need For Your Business
What you'll get:
Detailed information and guidance on the requirements related to GST registration
Formalities needed for the GST registration
We will liaise with the IRAS officers if required and provide guidance until approval of GST registration
For companies who engaged RMS quarterly bookkeeping service.
For companies who engaged RMS quarterly bookkeeping service. SGD 150.00
Can I claim GST for my purchases incurred before I am GST-registered?
No, you cannot and must not claim any GST for purchases before the date of official registration for GST.
What are disallowed input tax claims?
Under Regulations 26 and 27 of the GST (General) Regulations, some expenses are disallowed to be claimed as input tax. Common expenses include: employee family benefits, costs and running expenses incurred on motor registered under the business' or individual's name, or hired for business or private use, club subscription fees, non-obligatory medical expenses and medical and accident insurance premiums incurred for your staff and any transaction involving betting, sweepstakes, lotteries, fruit machines or games of chance.
What is my GST number?
Your GST number is your company UEN number.
Do I need to charge GST on my invoices?
If your company did not apply or did not get approval from the Inland Revenue Authority of Singapore (IRAS) for voluntary or mandatory GST, your company cannot charge GST on your customers.
I have received the GST approval from IRAS. How do I confirm if my company is already GST-registered or check the official GST registration date?
You can check the official GST registration date and whether a company is GST-registered via this link.
Who is required and when is it required to register for GST?
Companies are only required to register for GST when its taxable revenue exceeds $1 million. However, if you are certain that your total taxable turnover for the next 12 months will not exceed $1 million because of specific circumstances(e.g. large-scale downsizing of business) and can substantiate this with documentation, you will not be required to register for GST.
How long does it take to register for GST?
The Inland Revenue Authority of Singapore (IRAS) usually takes 10 working days to process your GST application.