By MoneyBees
Add up your streaming and other subscriptions: monthly and yearly plans, shared family plans, months you keep each, and the 9% GST on digital services.
Yes. Since 1 Jan 2020 GST applies to digital services from overseas providers, including streaming of TV shows and music, once the provider is registered under IRAS's overseas vendor regime. The rate today is 9%.
IRAS notes that a global provider may show a price without Singapore GST and add it once it confirms you live in Singapore. If the price you saw was before GST, you pay 9% more. Set GST to Added at checkout for that plan.
Those with global turnover above S$1 million that sell more than S$100,000 a year of remote services or low-value goods to consumers in Singapore. They register under a simplified pay-only regime.
Yes. A GST-registered business in Singapore must show and quote prices to the public with GST included, on price tags, adverts and websites. A fine of up to S$5,000 can apply.
Enter the full plan price and the number of people splitting it. The calculator shows your share. Check the provider's terms on who can share a plan.
Often, if you would keep the service all year. If you only watch for a few months, a monthly plan you cancel in between can cost less. Enter both ways to compare.
They are examples, not any provider's price. Enter what your own plan shows, since providers change prices and plans often.
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