Netflix Singapore will be increasing their subscription price in Singapore. This come at the same time as GST for imported digital service.
Previously, consumers only need to pay the 7% GST for local digital service. To level the playing field, overseas digital service providers with yearly global turnover of more than $1 million and sell more than $100,000 worth of digital services to Singapore customers in a 12-month period are required to register for GST and charge GST to their customers.
Netflix will start charging the new price from 9 January 2020 onwards. All new pricing are inclusive of the 7% GST.
This is the first time Netflix increased their pricing in Singapore since launch in January 2016.