Nationwide Rollout for GST-Registered Businesses (2028–2031)

The Inland Revenue Authority of Singapore (IRAS) and Infocomm Media Development Authority (IMDA) have announced a phased expansion of the GST InvoiceNow requirement. 

Between April 2028 and April 2031, all GST-registered businesses in Singapore will be required to adopt InvoiceNow for invoice data transmission. This announcement was made during the Ministry of Finance Committee of Supply Debate 2026, marking a major step toward digitalising tax reporting nationwide. 

What is InvoiceNow? 

InvoiceNow is Singapore’s nationwide e-invoicing network based on the Peppol framework, enabling businesses to: 

• Send and receive invoices digitally in a structured format  

• Integrate directly with accounting and ERP systems  

• Automatically transmit invoice data to IRAS for GST reporting  

Today, over 63,000 businesses are already connected to the InvoiceNow network through IMDA-accredited solution providers. 

Implementation Timeline 

The rollout will follow a phased approach based on business size: 

• 1 April 2028 
  New compulsory GST registrants and existing businesses with annual supplies ≤ $200,000  

• 1 April 2029 
  Businesses with annual supplies ≤ $1 million  

• 1 April 2030 
  Businesses with annual supplies ≤ $4 million  

• 1 April 2031 
  All remaining GST-registered businesses with annual supplies > $4 million 

Why This Matters 

This phased implementation is designed to give businesses ample time to transition while encouraging widespread adoption of structured e-invoicing. 

By adopting InvoiceNow, businesses can expect: 

• Reduced manual processing and administrative workload  

• Improved data accuracy and fewer errors  

• Faster invoice processing and shorter payment cycles  

• Stronger compliance with GST reporting requirements  

With thousands of businesses already onboard, this mandate will further strengthen Singapore’s digital tax ecosystem and streamline how businesses handle invoicing and compliance. 

Are You Ready for InvoiceNow? 

Don’t wait until the deadline. Start preparing your business early to ensure a smooth transition. 

Whether you’re a small business or a growing company, adopting InvoiceNow now can help you stay ahead and avoid last-minute stress. 

Talk to us today to see how you can get InvoiceNow-ready with the right system in place.