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Thread: GST up to 7%

  1. #1

    Default GST up to 7%

    GST going up from 5% to 7% - PM Lee
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  2. #2

    Default Re: GST up to 7%

    WTF!!!!!!

  3. #3

    Default Re: GST up to 7%

    please state source.

  4. #4
    Member/Tangshooter zaxh81's Avatar
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    Default Re: GST up to 7%

    can use the private message function to PM lee?

  5. #5
    Nikon D3, AF-S 24-70mm f/2.8 G ED, AF-S VR 70-200mm f/2.8G IF-ED and Speedlight SB-800

  6. #6

    Default Re: GST up to 7%

    http://www.channelnewsasia.com/stori...241058/1/.html

    SINGAPORE: The Goods and Services Tax will be increased to 7 percent, from the current 5 percent. This was announced by Prime Minister Lee Hsien Loong in Parliament on Monday.

    Mr Lee said more details would be given in next year's Budget Speech which has been scheduled for 15 February.

    The Prime Minister made the announcement when responding to the issues raised by MPs over 4 days of debate - among them the widening income gap in Singapore as a result of globalisation.

    Stressing that globalisation was here to stay, and Singaporeans would have to deal with its impact, Mr Lee said this was something that could strain the country's social compact, and this was why it was essential that there would be a whole set of measures to tilt playing field in favour of the lower income group.

    Adding that the GST increase would help finance enhanced social safety nets to help this group, Mr Lee said it was better to raise the GST when the economy was doing well. - CNA /dt

  7. #7

  8. #8

    Default Re: GST up to 7%

    a 1k lens i need to fork out $70 to gahment....

  9. #9
    Senior Member
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    Default Re: GST up to 7%

    so fast the news come in liao

  10. #10

    Default Re: GST up to 7%

    Quote Originally Posted by zaxh81 View Post
    can use the private message function to PM lee?
    but cannot use the IGNORE function....

  11. #11

    Default Re: GST up to 7%

    they are starting to reach that limit...........

  12. #12
    Member Static's Avatar
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    Default Re: GST up to 7%

    Good Move !

    Of course

    to the elites !

    I the govt deep deep

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  13. #13

    Default Re: GST up to 7%

    damn.. comparing to indonesia, my country, singapore is much much much much richer.. but still asking for more gst.. aiyo..

  14. #14
    Senior Member
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    Default Re: GST up to 7%

    soon.... the price of chicken rice, drinks, bah chor mee, mee siam all up price..... time to work harder and harder.....

  15. #15
    Senior Member redstone's Avatar
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    Default Re: GST up to 7%

    what the....?

  16. #16
    Senior Member melvin's Avatar
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    Default Re: GST up to 7%

    our service deserved 7% meh.....

  17. #17

    Default Re: GST up to 7%

    erm actually this news has been leaked out long ago only is whether u noe or not.
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  18. #18

    Default Re: GST up to 7%

    Not surprising considering the 'bonus' handed out during may....
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  19. #19

    Default Re: GST up to 7%

    We struggled to cope with 5%. Now it's 7%.
    Salaries didnt rise with inflation and increased GST.
    In fact, CPF contributions dropped.
    Coughers *coughs* are getting well lined up.

  20. #20

    Default Re: GST up to 7%

    Quote Originally Posted by trifusion View Post
    We struggled to cope with 5%. Now it's 7%.
    Salaries didnt rise with inflation and increased GST.
    In fact, CPF contributions dropped.
    Coughers *coughs* are getting well lined up.
    the best line up is that this is happening after elections.

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