Latest Updates

1. Updated implementation phase table with clearer explanations for new voluntary GST registrants and new compulsory GST registrants for the 1 April 2026 and 1 April 2028 phases respectively.
2. Updated the 'Grants and Free-of-Charge' Solutions' section to include information of new grants available for businesses:
   • For SMEs: GST InvoiceNow Transition Grant ($1k)
   • For larger businesses: GST InvoiceNow Transition Grant ($5k)
   • InvoiceNow Queen Bee Grant
3. Other editorial changes.
   

Page has been enhanced for readability and included clarifications on how to determine the OMV of goods intended as gifts as opposed to that that were not originally purchased as gifts.