Implementation of Sales and Service Tax (SST)

With the implementation of Sales and Service Tax (SST) effective 1st September 2018, please be advised of the following:

Policy OwnerService tax rate applicable
  • Individual
  • Registered education institution
  • Registered religious organization

Not subject to service tax

  • Business organizations

(Example: Keyman policies, group business)

6% service tax on actual premium paid

 

Please refer to the FAQ for further clarification.

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