Where does GST goes to?
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I'm kind of curious where does all the GST goes to.. The government says it went to the needys and how many needys are there in Singapore? Is there any charts and figures to show the total amount of GST collected and redistrubted to these needys? Just curious to find out cause paying quite a bit on GST already.
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the gahmen
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Originally posted by thehappybunny:
the gahmen
Barclays Bank
Shin Corp
Merrill Lynch
Citibank
UBS
.......
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BTW, TS, it is "Where does GST go to?"
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How can you question the government's commitment to helping the poor?
How can?
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government sucking tax.
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The government says the money from the GST goes to the needy huh? That is pure bullshit. THE REASON THEY ARE NEEDY IS THE GST
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no idea, but they say they will handle. They are our big brother, will take care of us :D
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C'mon folks, who really gives a shit about the needy? What's important is keeping your brilliant government rich so that they do not become corrupt.
Suck on it. -
their pocket?
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then where e money for building e MRT and so on comes from?
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u
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This is unquestionable!!!! It goes to help the poor.
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Do you know what is the meaning of budget?? Why this recession they have to bring forward the budgeting? Cos their previous budget did not take care of the ppl and now cos of this crisis afraid sgrean DOO LAN, then faster make correction. Where their money for the budget comes from? income tax, cooperate tax, tobacco tax, liquor tax, erp, gst, your every month conveyance fees, utilities fees(with conservancy tax), tv licence, season parking, diesel & petrol tax, road tax, car ARF Tax.. (anyone here can continue??).. So now do you got the answer money comes from WHO????????
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the gov is rite wat...
the gst did went to the needys....
they themselves is the needys one mah, need for more $$$....
so they collect from us and give it to themselves loh, so nice and sweet.......
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if i am small company less than 1 million sale
therefore GST not registered
I sell my item S$0.80 to NTUC without GST
you buy the item from NTUC S$1.00 , and you need to pay 7% GST
why not S$0.20 x 7% & is S$1.00 x 7%
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Originally posted by zaxis:
if i am small company less than 1 million sale
therefore GST not registered
I sell my item S$0.80 to NTUC without GST
you buy the item from NTUC S$1.00 , and you need to pay 7% GST
why not S$0.20 x 7% & is S$1.00 x 7%
this is interesting.. anyone know the answer to this?
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Originally posted by zaxis:
if i am small company less than 1 million sale
therefore GST not registered
I sell my item S$0.80 to NTUC without GST
you buy the item from NTUC S$1.00 , and you need to pay 7% GST
why not S$0.20 x 7% & is S$1.00 x 7%
why would you want to be not GST registered?end up you gotta absorb GST yourself, you can't even claim
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Originally posted by EarlNeo:
this is interesting.. anyone know the answer to this?
if my company earns more than 1 million in sales
therefore GST registered
I sell my item S$0.80 to NTUC with GST
you buy the item from NTUC S$1.00 , and you need to pay 7% GST
NTUC can claim back the $0.80 * 7% from the govt because NTUC has already paid for that GST through my company. Means in the end, the government still collects $1 *7% GST.
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the money went to investments to roll more money for themselves. Otherwise where do u think the money in temasek comes from?
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I think the money collected for GST went into the country's reserve fund?
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I don't mind paying so much for the GST if it really reached the needys. Just want some facts and figures.
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u guys havent given up yet???
please vote carefully in future.. dun be the joke of the world ok?? -
GST is the Greatest Singapore Tax.
Singaporeans generally want GST increases.
Just like they generally want transport fare hikes.