Falcon Mobility To Absorb GST Increase For All Products
Posted by Berenice Soh on
In light of the new year, Falcon Mobility want to announce that we will be absorbing the GST increase for the next three months until the end of March. Until then, all prices will remain the same as in 2022.
During last year’s Singapore Budget, the Minister for Finance, Mr Lawrence Wong, announced that there would be an increase in GST from 7 per cent to 8 per cent at the start of this year and an increase from 8 per cent to 9 per cent at the start of next year. The 1 per cent earning from the GST hike will go towards taking care of elderlies in Singapore, as well as supporting our healthcare expenditure.
Over the past year, we have seen the effect of inflation happening all around the world. Fuel and shipping costs have increased exponentially due to the war between Ukraine and Russia, resulting in many of our overseas suppliers increasing their prices to stay afloat. Additionally, transportation and warehousing costs have increased by 10 per cent. To help our employees cope with the overall inflation as well, we will also be increasing their wages this year.
While costs everywhere are increasing, we also want to hold back on increasing our costs for our customers. Hence, for the next three months until 31st March 2023, we will absorb the GST increase for every PMA and accessory, from motorised wheelchairs and electric scooters for the elderly to lifestyle products, medical devices, and transfer aids. We understand the essentiality of mobility assistance and the opportunity to live a mature life without limit and want to ensure that our elderly loved ones, as well as those with disabilities, are able to maintain an independent lifestyle affordably.
Falcon Mobility is the leading distributor for PMA in Singapore, offering the most extensive range of mobility scooters, electric wheelchairs, non-electric wheelchairs, rollators, and walkers, among others. Each of our products has been tried and tested and are compliant with LTA rules and regulation. So, if you are looking to get your elderly loved one the independence solution, do not hesitate to get it before the end of March at https://www.falconmobility.com.sg/ today!