GST registered businesses may claim GST incurred before registering for GST if certain conditions are met. Over the last three years, IRAS has simplified the claims for pre-registration input tax. In line with this, a revised Pre-registration GST - Checklist for Self-Review of Eligibility of Claim has just been released.
IRAS has incorporated many changes to simplify the process in assessing your claims, including an optional calculator to help you calculate your pre-registration input tax claimable.
Please click here for more information and to download a copy of the latest checklist.