01 January 2023

Dear Valued Students/ Partners

The Singapore Government has announced in Budget 2022 that the Goods & Services Tax (GST) rate will be increased from:

i. 7% to 8% with effect from 1 January 2023; and

ii. 8% to 9% with effect from 1 January 2024

 

Please be advised that with these adjustments, all student contracts, fees collection and other invoices from 1st January 2023 will be subjected to the revised GST rates.

 

Kindly contact us if you have any questions regarding the same to info@gstm.edu.sg