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With effect from 1 January 2023, GST rate will be increased from 7% to 8%.

  • All invoices issued and payments received by 31 December 2022 will be inclusive of the prevailing GST rate of 7%.
  • If the payment for a 2023 programme is not received in full by 31 December 2022, the issued invoice will be cancelled and a new invoice based on prevailing GST rate of 8% will be generated.
  • In the case of deferment and/or cancellation of programme, the invoice issued in 2022 will be cancelled and a new invoice will be generated based on prevailing GST rate of 8%.
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