GST in Singapore
Singapore tax rates are automatically loaded for organisations that are set up with Singapore as their country.
Default tax rates
If your organisation is based in Singapore, Xero provides tax rates relevant to Singapore. Using these tax rates will produce the correct codes for your IAF audit file.
|Imports under a Special Scheme||0%|
|Imports under the Import GST Deferment Scheme||0%|
|Non-Regulation 33 Exempt Supplies||0%|
|Out Of Scope Purchases||0%|
|Out Of Scope Supplies||0%|
|Partially Exempt Traders Non-Regulation 33 Exempt||7%|
|Partially Exempt Traders Regulation 33 Exempt||7%|
|Partially Exempt Traders Residual Input tax||7%|
|Partially Exempt Traders Standard-Rated Purchases||7%|
|Purchases from Non-GST Registered Suppliers||0%|
|Regulation 33 Exempt Supplies||0%|