GST Rate Change for Businesses

Overview of GST Rate Change

This page provides an overview of the GST rate change and its effect on GST-registered businesses.

Preparing for GST Rate Change

You are strongly encouraged to start preparation early for a smooth transition to the new GST rate. For example, you may need to modify your point-of-sale, invoicing, accounting and other systems, as well as your price displays to reflect the new rate.

Transitional Rules for GST Rate Change

Transitional rules apply for supplies that span the change of GST rate. You may be required to adjust for the GST rate chargeable on your supplies and to account for GST at the new rate.

Adjustments and Concessions for GST Rate Change

This page explains the requirements for adjustment of GST rate on your supplies and the concessions that may apply when you transition to the new GST rate.

GST Rate on Imports of Low-Value Goods and B2C Imported Non-Digital Services

The new GST rate will apply to imports of low-value goods and B2C imported non-digital services.

Resources for GST Rate Change

This page lists the various resources available to help you prepare for a smooth transition to the new GST rate.