Can a business claim GST incurred before GST registration?
Yes. Businesses may be able to claim GST incurred before GST registration, subject to the pre-registration GST claim rules.
What is a pre-registration GST claim?
A pre-registration GST claim allows a business to recover GST incurred on qualifying purchases and expenses made before its GST registration date.
Can GST incurred before incorporation or registration be claimed?
In certain situations, GST incurred before GST registration may be claimable if the prescribed IRAS conditions are satisfied. For example, GST incurred on renovation expenses may be claimable if the expenses were incurred within the qualifying period before GST registration.
Are there conditions for claiming pre-registration GST?
Yes. The rules for pre-registration GST claims can be complex and depend on the nature of the expenses and the timing of the business activities.
