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image  1 Singapore πŸ‡ΈπŸ‡¬ Travel | Hotels | Food | Tips - From next year, the sales tax on everything from groc
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December 30, 2022

From next year, the sales tax on everything from groceries to diamond rings goes from 7% to 8%. Barring a sharp global economic downturn next year, it will then rise to 9% in 2024 as the city state of 5.6 million people raises revenue to support its aging population.From department stores to furniture shops, savvy retailers are tapping into residents' 'smart shopping' mode, with promotions telling consumers to "Beat the goods and services tax hike!”#singapore #singaporeπŸ‡ΈπŸ‡¬ #asia #shopping
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