Eco-Friendly Living: Top Tools and Resources

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Effective 1st Jan 2024, all invoices issued by Cathay Electronics will be subject to a 9% GST.

This is due to the increase in the GST rate from 8% to 9%, announced in Budget 2022 and taking effect on 1 Jan 2024. The applicable GST rate depends on when the invoice is received or payment is made, not the due date.

Therefore, any invoices received or paid for on or after 1 Jan 2024 will be subject to the new 9% GST rate, unless Cathay Electronics chooses to apply the transitional rules for rate change (where allowable).

For more information, please refer to the IRAS website.

 2023-01-04 08:30:00 · Product

The brand also unveils its latest...