Agxm
2023-04-10

Dear Customers,

With effect from 1 Jan 2023, the Singapore government has removed the GST administrative concession on recovery of overseas/foreign brokerage and related charges. Due to the removal of this concession, Tiger Brokers (Singapore) will start collecting GST on all charges including charges that were exempt from GST previously, starting from 17 April 2023. For any fees prior to 17 April 2023 that Tiger Brokers (Singapore) has not charged GST on, we will absorb the GST costs and will not back charge you. Should you have any queries, please contact our customer service at service@tigerbrokers.com.sg. Thank you


Anyone know what does this mean? I thought we have been paying gst since long ago.

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Comments

  • boonk
    2023-04-10
    boonk
    I  was charge gst since Jan 2 2023
    • Agxm: 
      From what i check with them, they say all fee are going to charge gst. LIke sec fee by us exchange
  • LesterTan
    2023-04-10
    LesterTan
    I think we need more transparency. Charges by some brokers can be difficult to comprehend.
  • LesterTan
    2023-04-10
    LesterTan
    Thanks for information. Can be baffling at times.
  • Xtzylin
    2023-04-10
    Xtzylin
    ok thanks for the info
  • Aqa
    2023-04-10
    Aqa
    Liked & comment to support my friend.😊👍🏻👍🏻👍🏻
  • Yolofomo101
    2023-04-10
    Yolofomo101
    Gd
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