If you are facing
difficulties in paying your tax, we encourage you to reach out to us early to work out a suitable payment arrangement.
Otherwise, a 5% late payment penalty will be imposed on the overdue tax.
It is important that you do not ignore the tax bill or a demand for
payment.
For Individuals or Businesses in Financial Difficulties
We may
offer a suitable payment arrangement, such as a longer instalment plan, if you
are unable to pay your tax due to unexpected or extenuating circumstances such
as:
- High medical expenses
- Loss of employment or substantial reduction in income
- Business under financial distress (e.g. facing lawsuits
from creditors or business closure)
Applying for Alternative Payment Arrangements
IRAS will only grant instalments by GIRO. You can appeal for a longer
payment plan via the ‘Apply for Payment Plan’ e-Service at myTax Portal using
your SingPass, IRAS Unique Account (IUA) or CorpPass.
| Scenario | What you need to do |
|---|
| If you have a GIRO record with IRAS |
| You are currently on a payment plan but require a longer one | - Cancel your existing payment plan via the 'View/ Cancel Payment Plan' e-Service; and
- Apply for a new payment plan via the 'Apply for Payment Plan' e-Service.
Refer to the guide (PDF, 1.36MB) for more details. |
| You are currently not on any payment plan | Re-activate your previous GIRO arrangement via the 'Apply for Payment Plan' e-Service^. ^Log in to view bank account(s) eligible for re-activation. |
| If you do not have a GIRO record with IRAS |
| For Corporate Tax and Goods and Services Tax (GST) | - Complete the hardcopy Master GIRO form (PDF, 1.29MB)
and
send it to IRAS; and
- Submit your payment proposal online within the same day.
|
| For Individual Income Tax and Property Tax
| Apply for a payment plan via the 'Apply for Payment Plan' e-Service. Refer to the guide (PDF, 1.11MB) for more details. |
We will
review your request and inform you of the outcome within 15 working days. Where
needed, we may also ask you for more information to better understand and assess
your situation.
If your payment plan is approved, you must comply with the payment plan
schedule. If you fail to do so, we will cancel the plan and take actions to
recover the tax.
If you require further assistance on your tax payment, please contact us.
Financial and Other Support Services
If you require other forms of assistance specific
to your circumstances, you may wish to approach the following agencies:
For social assistance
For employment assistance
For enterprise assistance
Enterprise
Singapore provides companies with various financial and non-financial assistance
schemes.