IMDA releases information on grants to encourage GST InvoiceNow adoption

On February 26, 2026, it was announced that the GST InvoiceNow obligation will be extended to all GST‑registered businesses as follows:

• April 1, 2028: New compulsory GST registrants and existing businesses with annual taxable supplies up to 200,000 SGD (138,000 EUR)
• April 1, 2029: Existing businesses with annual supplies up to 1 million SGD (690,000 EUR)
• April 1, 2030: Existing businesses with annual supplies up to 4 million SGD (2.76 million EUR)
• April 1, 2031: All remaining GST‑registered bus…