GIRO

GIRO allows you to pay your tax through your bank account. GIRO arrangement can be made for the following Tax Types:

• Individual Income Tax
• Corporate Tax
• Property Tax and/or TV Licence Fee
• Goods & Services Tax
• Stamp Duty

GIRO Application Form

For your convenience, we encourage all individuals to sign up for GIRO using a Master  application form. By doing so you will not need to sign up separately to pay by GIRO for each tax type. The Master GIRO arrangement will be applicable for the following Tax Types:

• Income Tax
• Property Tax and/or TV Licence Fee
• Goods & Services Tax

Once you have signed up using a Master GIRO application form, you do not need to submit a new GIRO application form if you have liabilities for additional tax types mentioned above. You can contact us on 1800-356 8300 to effect the GIRO arrangement for new tax accounts.

The alternative to completing a Master GIRO form is to complete the standard GIRO form to pay tax for a specific tax type and tax account.

Download  application forms 

How to join GIRO

You will need to complete the   application form and send it to Robinson Road P.O. Box 231, Singapore 900431.
Alternatively, you can apply for GIRO online if you have an Internet banking account with DBS/POSB or OCBC , for payment of the following taxes:-

• Individual Income Tax
• Property Tax and/or TV Licence Fee
  
• Corporate Tax (OCBC only)

DBS/POSB customers can also apply to pay their individual income tax, property tax and TV licence by GIRO at AXS stations. 

GIRO Application Processing Time

All GIRO applications will be processed within 14 days.

Change of Bank Account

If you have an existing GIRO arrangement with IRAS and would like to change your bank account, you will need to submit a new GIRO application. For the modes of application, please refer to the paragraph on "How to join GIRO".

Your existing GIRO arrangement will continue until the new application is approved. Upon approval, a revised GIRO instalment plan notice will be sent to you. 

Cancelling a GIRO arrangement

If you want to cancel your GIRO arrangement with IRAS, you need to inform IRAS on 1800-356 8300 as well as your bank. Alternatively, you can email to ctpayment@iras.gov.sg to inform us of the cancellation

GIRO FOR EACH TAX TYPE

1) GIRO for Individual Income Tax 

2) GIRO for Corporate Tax 

3) GIRO for Property Tax and/or TV License 

4) GIRO for Goods & Services Tax 

5) GIRO for Stamp Duty 

1) GIRO for Individual Income Tax

Income Tax is payable within one month from the date of notice. You can pay your Income Tax in one lump sum deduction or over a maximum of 12 interest-free monthly instalments. The instalment plan is based on the tax payable and a minimum monthly deduction amount of $20. Setting a minimum amount is necessary to improve our efficiency and manage the cost of collection.
If you are not on GIRO, your income tax will be assessed before those who are on GIRO.

How GIRO works?
The 12 monthly GIRO instalment cycle starts in May and ends in April of the following year. However, if you join GIRO after May, the instalment deduction will commence in the month after your GIRO form is approved and end in April of the following year.

Once you are on our GIRO scheme, future instalment payments for your taxes will continue in May each year to April of the following year based on a provisional amount. The amount deducted will be based on the instalment amount as per your previous year's tax. No instalment plan will be sent to you. An adjustment will be made to the instalment amount when your assessment for that year is finalised. An instalment plan will be sent to you then.

If you wish to make changes to the monthly provisional amount, please contact us on 1800-356 8300 to arrange for the revision of the monthly deductions.

No deduction will be made from your account from May onwards if you are not taxable for the previous Year of Assessment. However, when your assessment is finalised and if tax is payable, an instalment plan will be sent to you. IRAS will terminate the GIRO arrangement if the deductions have been unsuccessful for 2 months.

When will the deduction be made?
The deduction will be made on the 6th of each month. If the deduction is unsuccessful, we will attempt to deduct the amount again on the 20th of the same month. If both deductions are unsuccessful, the outstanding amount will be deducted in the following month together with the following month's instalment. Your GIRO plan will be cancelled if the deduction is not successful for 2 consecutive months.

Please note that if the deduction date falls on a weekend or public holiday, the deduction will be on the next working day. The deduction will be reflected with a transaction code "ITX" in your bank statement or passbook.

Please ensure that there are sufficient funds in your bank account before the deduction date. No reminders will be sent for unsuccessful deductions. Some banks may impose a service charge for unsuccessful deductions.  

When do I need to submit the GIRO application?
Please submit your GIRO application at least 2 weeks before the payment due date to avoid any late payment penalties. We will notify you of the GIRO application status by post. To view your instalment plan details, you may log into myTax Portal.                                      

2) GIRO for Corporate Tax 

Once a company's GIRO application has been approved, the amount of instalments granted for Corporate Tax liability for the current Year of Assessment is dependent upon a Company's filing of the ECI form. No instalment arrangement will be granted for back year taxes. The GIRO payment option is only available to companies registered in Singapore.

How GIRO works?
For ECI, instalments are allowed on a contracting basis. The number of instalments granted is dependent upon when the ECI form is filed and the mode of filing. The table below summarises the number of instalments allowed: -

* e-File on-line via myTax Portal:
In order to enjoy the maximum of interest-free monthly instalments, you will need to file by 26th of the month after the accounting year-end. E.g Company with accounting year-end 31 December will enjoy 10 interest-free instalments if it e-Files by 26th January.

** Paper-file :
In order to enjoy the maximum of interest-free monthly instalments, you will need to submit your ECI Form by 24th of the month after the accounting year-end. E.g. Company with accounting year-end 31 December will enjoy 5 interest-free instalments if it submits its ECI Form by 24th January.

What happens to my instalments when the assessment is finalised?
When your assessment is finalised and the remaining instalments have yet to be paid, a revised instalment plan will be sent to you based on your actual tax liability. However, if the assessment is finalised after the instalment plan has ended, the balance will be deducted in one lump sum.

When will the deduction be made?
The deductions will be made on the 6th of the month for instalments granted upon filing your ECI or if your instalment plan continues after the actual tax liability is determined. If your assessment is finalised after the instalment plan has ended, the one lump sum will be deducted on either 6th or 20th of the month whichever is earlier. The deduction will be reflected with a transaction code "ITX" in your bank statement or passbook. 

When do I need to submit the GIRO application?
Please submit your GIRO application at least 2 weeks before the payment due date to avoid any late payment penalties. We will notify you of the GIRO application status by post.

3) GIRO for Property Tax and/or TV License Fee 

Property Tax and TV Licence Fees are payable by 31 Jan. You can pay your Property Tax and/or TV Licence Fee in one lump sum deduction or over a maximum of 12 interest-free monthly instalments. The instalment plan is based on the tax payable and a minimum monthly deduction amount of $10. Setting a minimum amount is necessary to improve our efficiency and manage the costs of collection.

How GIRO works?
The 12-month GIRO instalment cycle normally starts in January and ends in December. However, if you join GIRO after January, the instalment deduction will commence in the month after your GIRO form is approved and end in December. IRAS will terminate the GIRO arrangement if the deductions have been unsuccessful for 2 months.

When will the deduction be made?
The deduction will be made on the 5th and 7th of each month for Property Tax and TV Licence Fee respectively. If the deduction is unsuccessful, we will attempt to deduct the amount again on the 21st of the same month for Property Tax and 22nd for TV Licence Fee. If both deductions are unsuccessful, the outstanding amount will be deducted in the following month together with the following month's instalment. Your GIRO plan will be cancelled if the deduction is not successful for 2 consecutive months.

Please note that if the deduction date falls on a weekend or public holiday, the deduction will be on the next working day. The deduction will be reflected with a transaction code "PTX" in your bank statement or passbook.

Please ensure that there are sufficient funds in your bank account before the deduction date. No reminders will be sent for unsuccessful deductions. Some banks may impose a service charge for unsuccessful deductions.

When do I need to submit the GIRO application?
Please submit your GIRO application at least 2 weeks before the payment due date to avoid any late payment penalties. We will notify you of the GIRO application status by post. To view your instalment plan details, you may log into myTax Portal.

4) GIRO for Goods & Services Tax 

Goods & Services Tax is to be paid within one month after the end of your GST accounting period. If you have applied to pay the GST by GIRO, please continue to pay the GST via cash/cheque until the GIRO application is approved. The GIRO deduction will commence for the next GST accounting period after your GIRO form is approved. A lump sum deduction will be made on the deduction date.

When will the deduction be made?

The deduction will be made on the 15th day of the month after the due date for payment. No separate GIRO deduction schedule will be sent to you. If the deduction is unsuccessful, the GIRO arrangement will be cancelled.

Please note that if the deduction date falls on a weekend or public holiday, the deduction will be on the next working day. The deduction will be reflected with a transaction code "GST" in your bank statement or passbook.

Please ensure that there are sufficient funds in your bank account before the deduction date. Some banks may impose a service charge for an unsuccessful deduction. 

When do I need to submit the GIRO application?
Please submit your GIRO application 2 weeks before the e-Filing period starts to avoid any late payment penalties. We will notify you of the GIRO application status by post.

5) GIRO for Stamp Duty 

To pay via GIRO, you need to subscribe to e-Stamping system to file your documents. e-Stamping is a leading-edge Internet-enabled application which gives you the convenience of stamping your documents without the hassle of sending the physical documents to IRAS. Find out more about how to subscribe to e-Stamping and apply for GIRO.

When will the deduction be made?
GIRO deduction will be made on the 3rd working day after the documents have been e-Stamped. The deduction will be in one lump sum.