The year 2024 marks a pivotal moment for Singaporean business owners. The Goods and Services Tax (GST) in Singapore underwent a significant rate increase from 7% to 9% within the last 2 years. This transition necessitated thorough preparation and strategic foresight for many SMEs. This reviewer should help new Singapore business owners get up to speed on the 2024 GST rate hike and it's impact on your operations moving forward.