Dear Valued Customer,
From 1 January 2023, the Goods & Services Tax (GST) rate will be revised from 7% to 8%, as announced by the Inland Revenue Authority of Singapore (IRAS). As such, the revised GST rate will apply to all of Jaga-Me’s services and consumables with effect from 1 January 2023.
The following table summarises how the revised GST rate will affect your invoices and payment schedule:
Service Completion Date and Payment Schedule |
GST Rate |
Service completion date is before 1 Jan '23 and the full payment is received before 1 Jan '23 |
7% |
Service completion date is before 1 Jan '23 and the full payment is received after 31 Dec'22 |
7% |
Service completion date is after 31 Dec '22 |
8% |
If you require any further clarification, please feel free to reach out to us at finance@jaga-me.com or give us a call at +65 6717 3737.
Thank you for your kind attention.
Sincerely,
Jaga-Me Team