From January 1, 2024, the GST rate will increase from the current 8% to 9%. This is to comply with the latest regulatory changes. Therefore, any payments after December 31, 2023, will taxed at the new GST rate of 9%.

To avoid any inconvenience, we advise you to take note of this update and plan your payments accordingly, especially if you have any pending transactions or fees.

We thank you for your understanding and cooperation in adjusting to these changes.