InvoiceNow becomes compulsory for new GST firms in Singapore from 2026. Key dates, penalties
KEY HIGHLIGHTS InvoiceNow becomes compulsory for new GST-registered businesses from 1 April 2026. Firms that ignore the rule risk GST de-registration, fines, and rejected GST claims. Early setup is low-cost or free for most SMEs — no need expensive systems. Most Singapore SMEs still send invoices the familiar way: PDFs over email, WhatsApp screenshots, sometimes … Read more