Q1. Are there any fees for GST InvoiceNow?
No, there are no fees charged for the activation and usage of GST InvoiceNow.
This refers to transmissions to IRAS.
Q2. Are there any fees for InvoiceNow?
Yes, the following fees are charged for InvoiceNow:
Activation fee: SGD80
Transmission fee: SGD0.15 per invoice
This refers to transmissions to counterparties.
Q3. Do I need GST InvoiceNow, InvoiceNow, or both?
If you need to transmit invoice data to:
IRAS only, as part of the GST InvoiceNow requirement → GST InvoiceNow only
Counterparties only → InvoiceNow only
Both IRAS and counterparties → both GST InvoiceNow and InvoiceNow
You may learn more about InvoiceNow and GST InvoiceNow here.
Q4. Do I need a subscription to use InvoiceNow or GST InvoiceNow?
Yes. A minimum quarterly commitment is required to use InvoiceNow or GST InvoiceNow on Jaz. You may choose between quarterly or annual billing cycles.
Learn more about our subscription plans here.