Finance Minister Heng Swee Keat announced that the Goods and Services Tax (GST) will increase by 2 per cent, as he delivered Budget 2018 yesterday. This tax hike will raise the GST from 7 per cent to 9 per cent and will be implemented sometime between 2021 and 2025, most likely after the next General … Continue reading Heng Swee Keat’s tax plan contradicts PM Lee’s views on GST hike during GE2015