I'm here to assist you with your inquiry regarding the tax rate change in Singapore that took place in January 2023, @T Yosh.
Based on the record, in line with the recent tax changes in Singapore, we’ve updated our GST rates to remain compliant. From the 1st of March 2023, the following newly updated GST rates will go live in product:
- TX-RE (8%), BL(8%)
- TX-ESS(8%), SR(8%)
- TX(8%), IM(8%)
- DS(8%), TX-N33(8%)
- SRCA-C(8%), TXCA(8%)
Also, I am unable to access real-time or specific data about this matter. Therefore, I cannot supply information about events or changes that occurred in January 2023, such as the standard rate change in Singapore.
You can also review this link to learn more about our newly updated GST rates in QuickBooks Online Singapore: 9% GST rates in QuickBooks Online Singapore.
Additionally, I'll be sharing the following resources to help manage your GST rates in QBO:
Please feel free to get back in here if you have further questions about GST rates for Singapore. I'll be around to assist you.
