IRAS

🌟 Discover the numerous advantages of eGIRO 🌟 Apply today and benefit from up to 12 interest-free monthly instalments for your Individual Income Tax and Property Tax. Visit go.gov.sg/menuapplygiro for a comprehensive step-by-step guide.

Annual Value (AV) is used to determine the amount of property tax you need to pay for your residential property. It is the estimated gross annual rent of the property if it were to be rented out, excluding furniture, furnishings and maintenance fees. Property owners can check out the AV of their property on the Combined Valuation Notice and/or property tax bill, which they would receive from Dec 2024. #PropertyTax2025 #UnderstandingAV #AnnualValue

#TaxTips Here are 3 things you can do before the year ends, to reduce your tax bill for Year of Assessment 2025!

We listen and we don’t judge: taxpayer stories edition #welistenandwedontjudge #lifeatiras

Admin got scammed… thought I was too young for this 😭😭 #likeaprayer #scam #scamadvisory

IRAS has been alerted to scam calls impersonating IRAS officers. Beware if you receive calls where callers claim to be IRAS officers informing that you have outstanding taxes or that you need to attend an interview due to tax evasion involving unreported income. If you do not have any outstanding tax matters with IRAS, be alert to such calls as they could be scams.   Please note that IRAS officers will not ask you to provide any personal, credit card, or bank account details to make payment over the telephone. For tax matters, we will direct you to transact safely on myTax Portal (mytax.iras.gov.sg), where you can check if you have any outstanding taxes. Visit https://go.gov.sg/iras-scam to learn how IRAS protects you from scams.

Spotify wrapped? 🙅 IRAS wrapped🕺 #spotifywrapped

It doesn’t get easier than this – spot our chatbot on the bottom right of the IRAS website and click on ‘Property Tax’ to receive instant answers on your outstanding tax and payment status. Remember to keep a lookout for your property tax bill notification via SMS or email – and check that the correct tax rate is applied to your residential property. For more details, go to go.gov.sg/iras-pt2025. #PropertyTax2025

#ICYMI, companies must pay the tax stated in the Notice of Assessment (NOA) within 1 month from the date of the NOA. Any objections must be filed via the “Revise/ Object to Assessment” digital service at mytax.iras.gov.sg within 2 months from the date of the NOA. Read more at go.gov.sg/PayingCIT and go.gov.sg/iras-objectasst. #CorporateIncomeTax2024

Did you know that you can apply for GIRO via myTaxPortal, i-banking or the AXS machine? You are highly encouraged to apply for GIRO – the set up will be ready within three working days. For those who had previous arrangements with IRAS, you can re-activate your GIRO arrangement at myTax Portal. For more details, go to go.gov.sg/iras-pt2025. #PropertyTax2025

Oops, spotted a mistake in your #CorporateIncomeTax2024 Return? Taxpayers who come forward voluntarily to correct errors in their tax returns may have their penalties reduced under the Voluntary Disclosure Programme if they meet the qualifying conditions. Find out more at go.gov.sg/irasvoluntarydisclosure or watch this video at go.gov.sg/cit-taxfilingmistakesandvdp.

A heartfelt thank you to our outgoing Commissioner Mr Ng Wai Choong for his exceptional leadership at IRAS. Mr Ng’s visionary leadership has been instrumental in advancing IRAS over the past seven years, especially through the challenges of the COVID-19 pandemic. Under his leadership, numerous transformation initiatives were launched to strengthen the organisation, and aimed at supporting our economy, society and citizens. This includes making tax rules simpler for small businesses, promoting digital tools for tax compliance, establishing IRAS as a leader in enterprise disbursement, and strengthening partnerships in the digital ecosystem. A leader who cares and inspires, Mr Ng also drove organisational transformation and capability development, ensuring all employees were supported and engaged every step of the way. We thank Mr Ng for his invaluable contributions and wish him all the best in his future endeavours. Please join us in welcoming our incoming Commissioner, Mr Ow Fook Chuen, as we continue our mission to transform the taxpaying experience, and partner the community for nation-building and inclusive growth. www.straitstimes.com/singapore/accountant-general-ow-fook-chuen-named-new-iras-chief