Originally Posted by
lowjhg
Easy. For most restaurants in a shopping centre, add a value x 1.188 and you'll get the exact amount you'd pay. That final figure would be the nett price.
This is for 2023.
In 2024 this will become 1.199
Maybe my math is really bad, but where did you get the extra 8 from? Shouldn't it be 1.18?
Slightly OT, but I thought Singapore was supposed to be a low-tax country? I was surprised to learn the GST went up 1% this year!