Singapore VAT Rate 2026: 9% Standard Rate

How Much Is GST in Singapore?

The standard GST (the local equivalent of VAT) rate in Singapore is 9% in 2026, with no reduced rates. It applies to most goods and services sold in Singapore. Standard VAT/GST rates worldwide range from around 5% to 27%.

How to calculate Singapore GST

To add 9% GST to a net (tax-exclusive) price, multiply it by 1.09. To remove GST from a gross (tax-inclusive) price, divide it by 1.09.

• Add GST: SGD 100 net × 1.09 = SGD 109 gross (that is SGD 9 of GST)
• Remove GST: SGD 109 gross ÷ 1.09 = SGD 100 net (that is SGD 9 of GST)

Use the Singapore GST calculator above for any amount, or compare Singapore with every other country in our GST rates by country table.

Current VAT Rates

Historical VAT Rate Changes

• 2026: Current standard rate in force
• 2024: GST raised to 9%
• 2023: Raised to 8%
• 1994: GST introduced at 3%

Economic Impact

VAT contributes approximately 20-30% to Singapore's total tax revenue. The current rate structure balances revenue generation with economic competitiveness within the Asia-Pacific region.

Zero-Rated Items

The following items are zero-rated for VAT in Singapore:

• Exports of goods and services
• International transportation
• Some basic food items
• Children's clothing
• Books and newspapers
• Prescription medications

VAT Exempt Items

The following are exempt from VAT in Singapore (no VAT charged, no input VAT recovery):

• Financial services
• Insurance services
• Healthcare and medical services
• Education and training
• Postal services
• Charitable activities

Reduced Rate Applications

Items subject to reduced VAT rates in Singapore:

• No reduced rates apply in this country

Singapore requires GST registration once taxable turnover exceeds SGD 1 million a year; voluntary registration is available below it. Always confirm current thresholds and deadlines with the Inland Revenue Authority of Singapore (IRAS), as they are reviewed periodically.

VAT Registration

• Registration Threshold: SGD 1,000,000
• Voluntary Registration: Available below threshold
• Registration Process: Online via tax authority website
• Processing Time: Typically 2-4 weeks

VAT Returns and Payment

• Filing Frequency: Quarterly
• Filing Deadline: End of month following period
• Payment Methods: Bank transfer, online payment
• Late Filing Penalties: Varies by amount and delay

Cross-Border Trade

Special considerations for international transactions:

• Intra-EU Trade: Not applicable (non-EU country)
• Imports: VAT payable at point of entry
• Exports: Generally zero-rated
• Digital Services: Special rules may apply

For background on how the buyer accounts for VAT on intra-EU and cross-border B2B supplies, see the reverse charge mechanism. For B2C digital sales and low-value imports, see VAT on digital services and cross-border e-commerce.

Nearby Countries

What is the current VAT rate in Singapore?

The standard VAT rate in Singapore is 9% as of 2026. This applies to most goods and services unless they qualify for reduced rates or exemptions.

How do I calculate VAT in Singapore?

To add VAT: multiply the net amount by 9%. To remove VAT from a gross amount: divide by 1.09. Use our calculator above for instant results.

Who needs to register for VAT in Singapore?

Singapore requires GST registration once taxable turnover exceeds SGD 1 million a year; voluntary registration is available below it.

Can I reclaim VAT in Singapore?

VAT-registered businesses can generally reclaim input VAT on business purchases. Non-EU tourists may claim VAT refunds on qualifying purchases when leaving the country — see our guide to VAT refunds for tourists and non-resident businesses.