Notice of Singapore Goods & Services Tax (GST) Rate Change

01 Dec 2023

Notice of Singapore Goods & Services Tax (GST) Rate Change

Dear Valued Customers,

We hope this message finds you well. We are writing to inform you about an important update regarding the Goods & Services Tax (GST) rate in Singapore.

Effective January 1, 2024, there will be a change in the GST rate imposed by the Singapore government. In accordance with these adjustments, MillionParcel will be required to increase the GST rate charged on our offerings to customers located in Singapore from the current 8% to 9%.

As a result, you will notice an adjustment in the GST charges reflected on your Billing pages and invoices starting from January 1, 2024. This change is in compliance with the updated tax regulations, and we appreciate your understanding and cooperation during this transition.

It's important to note that MillionParcel cannot provide specific advice on tax matters. If you have any questions or concerns regarding the impact of this GST rate change on your individual circumstances, we recommend reaching out to your tax adviser. They will be best positioned to provide guidance tailored to your specific situation.

We value your business and appreciate your ongoing partnership. If you have any further questions or require clarification on this matter, please do not hesitate to contact our customer service team at [customer service email/phone number].

Thank you for your attention to this notice, and we look forward to continuing to serve you with the highest standards of service.