SINGAPORE: The government will prescribe a list of regulatory fees where the Goods and Services Tax should not be charged after parliament passed a Bill on Tuesday .
GST is generally levied on government services. These include, for example, fees for the use of public sports facilities or the rental of hawker stalls. The 18 fees that were found to have been wrongly taxed comprised application fees for professional licences like a real estate agent licence, registering a Lasting Power of Attorney and administrative fees for renting out public flats. As most of them are for the processing of applications, rather than licence fees, agencies had wrongly deemed them to be taxable, authorities had said previously.
Mr Chee said the initial list of non-taxable fees will be published in the Gazette in end-April when the Bill comes into force. These include fees for examinations that individuals must take before being issued a licence, which some agencies are currently not charging GST. Other examples include inspection fees prior to the licensing and conduct of certain business operations.
MOF has also “separately asked the agencies involved to review their fees and charges, and to consider ways where they can streamline processes or reduce costs”.
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