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Anonymous

18 Feb 2020

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Why is the GST hike delayed in Singapore and when do you think would be the year that it will be started?

Apart from Covid-19, what some other factors that helped delay the increase in GST. Also, HSK said that by 2025, GST will probably be 9%. When do you think these changes will start taking place?

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Reb Liew

18 Feb 2020

It's been delayed to help Singaporeans cope with rising costs, particularly in light of COVID-19. But the hike will happen by 2025 either way to meet the demands of healthcare costs as Singapore's population ages.

I've written about it here:

https://blog.seedly.sg/singapore-budget-2020-gs...

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