NPOS – How to Change GST Rate (7% >> 8%)
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The Singapore Government has announced earlier this year that the GST rate will increase from 7% to 8% on January 1, 2023.
This modification will affect all Singapore businesses that file GST.
<How to Apply New GST Rate on NPOS>
- Press Setting Icon from the main POS page.
2. On Payment Information page, click the empty space 5 times.
3. On Detail Setting page, press Tax Setting.
4. On GST Rate(%), change the number from 7 to 8.
5. Press Changed Setting. It is on the right-bottom corner.
6. Done! The new GST rate is applied to NPOS.