IRAS' Voluntary Disclosure Programme
The IRAS’ Voluntary Disclosure Programme (VDP) aims to encourage taxpayers who have made errors in their returns / forms to come forward voluntarily, in a timely manner, to correct their errors for reduced penalties.
On this page:
Scope
The IRAS VDP applies to Income Tax (including cash payouts / bonus), GST, Withholding Tax and Stamp Duty.
Qualifying Conditions
To qualify for IRAS' VDP, you need to submit a timely, accurate, complete and self-initiated voluntary disclosure. A voluntary disclosure is considered timely and self-initiated when it is made before you receive a query from IRAS relating to your tax or cash payout / bonus matters, or before you receive notification from IRAS on the commencement of an audit or investigation on your tax or cash payout / bonus matters.
You must also:
- Cooperate fully with IRAS to correct the errors made; and
- Pay or make arrangements with IRAS to pay additional taxes or amount exceeding cash payout / bonus than entitled to and penalties imposed (if any), and honour such arrangements till all payments are made.
For more details, please refer to the
e-Tax Guide on IRAS' Voluntary Disclosure Programme (592KB).
Reduced Penalties
| Type of Voluntary Disclosure |
Penalty Treatment |
|
Voluntary disclosure made within grace period of one year from statutory filing deadline, and
qualifying conditions are met |
No penalty imposed |
|
Voluntary disclosure made after grace period and
qualifying conditions are met |
Reduced penalty of :
- 5% of the income tax undercharged or of the amount of cash payout / bonus exceeding entitlement obtained, for each year (after the grace period) the error was late in being rectified
- Flat 5% of the GST undercharged
- Flat 5% of the outstanding Withholding Tax
|
| Voluntary disclosure made for late stamping or underpayment of Stamp Duty and qualifying conditions are met | Reduced penalty of : - 5% per annum computed on a daily basis on the Stamp Duty payable
No grace period for Stamp Duty |
Voluntary Disclosure of Past Actions Involving Wilful Intent to Evade Taxes or to Obtain a Higher Amount of Cash Payout / Bonus than Entitled to
Taxpayers who commit offences involving wilful intent to evade taxes or to obtain excessive cash payouts, including persons who assisted in such acts, may face prosecution, and the consequent punishment of being jailed up to 7 years and / or fined up to $50,000, and penalised up to 400% of tax undercharged / unpaid.
When you come forward and voluntarily disclose past actions involving a wilful intent to evade taxes or to obtain excessive cash payouts, you may be accorded the treatment of having your offences compounded at a reduced penalty rate of 200% in lieu of prosecution. If you do not meet the qualifying conditions for IRAS’ VDP, you may be charged in court for your tax evasion offences.
For more details, please refer to the e-Tax Guide on IRAS' Voluntary Disclosure Programme (592KB).
How to Inform IRAS
If you would like to make a voluntary disclosure, you can inform us in the following ways:
| Tax Type |
How to Inform IRAS |
|
Individual Income Tax |
Email required information and supporting documentation (detailed in Annex F of
e-Tax Guide (592KB)) to
iit_compliance@iras.gov.sg |
|
Corporate Tax |
Email required information and supporting documentation (detailed in Annex F of
e-Tax Guide (592KB)) via myTax Mail |
|
GST |
Send an electronic request to IRAS for
GST F7 (Disclosure of Errors on GST Return) and e-File the GST F7 at any time, up to 14 days from the date of request for the GST F7
For GST late registrants, register for GST online at myTaxPortal.
For unauthorised GST collections, email
gst@iras.gov.sg |
|
Withholding Tax |
Email required information and supporting documentation (detailed in Annex F of
e-Tax Guide(592KB)) to
enfs45@iras.gov.sg |
|
Stamp Duty |
Stamp document via the e-Stamping system |
For voluntary disclosures of past actions involving a wilful intent to evade taxes or to obtain excessive cash payouts, you can email IRAS at
ifd@iras.gov.sg.
Alternatively, instead of emailing IRAS, you can write in to:
Inland Revenue Authority of Singapore
Revenue House
55 Newton Road
Singapore 307987