IRAS adopts a risk-based approach in carrying out compliance actions. We identify and prioritise key areas of compliance risks and develop compliance programmes to address these risks.
Taxpayers will benefit from an enhanced understanding of the compliance risk issues and what IRAS is doing to address the issues that are of concern to us. Thus we share our compliance focus for the year, outlining the areas of our audit focus for each of the tax types as well as the common mistakes made by taxpayers.
Current Year Compliance Focus