Some MCST are GST registered as their total annual collection exceeds SGD1,000,000 .
As such, your bill to each owner of the MF and SF must include the component of GST output tax at the prevailing rate.
All local purchases with local vendors that are also gst registered will also be recorded with the GST input tax.
As of 20/5/2020, Realtimme Cloud is the first company in the list of 57 companies, to satisfy the 5 recommended features requested by IRAS- GST department and
was awarded 5 ticks to the recommendation
To find out the IRAS accounting software listing, click here
Realtimme Cloud Accounting is listed in the Accounting software register (ASR) as Realtimme Cloud Solutions version 3.00
Click here to find out more of how we help our MCST clients to be GST compliance
Writer : Choo Hong Peng,
Email : firstname.lastname@example.org
Updated as at 13/8/2020