How to Pay Tax

 

Individuals

List of preferred payment methods

GIRO

Majority of taxpayers use GIRO for tax payment.

Apply GIRO through myTax Portal

Benefits of GIRO

Convenient

GIRO is an electronic cashless mode of payment.

No more queues

You do not have to spend time queuing at payment kiosks.

No more late payment

You will not miss the payment due dates.

Interest-free instalments

You get to enjoy up to 12 monthly interest-free instalments, or opt for annual GIRO deduction.

Faster tax refund

You receive tax refunds faster as it will be credited directly to your bank account, eliminating any risk of misplaced cheques.

Full control over GIRO with IRAS' e-Services

  1. You can adjust or cancel your GIRO plan by calling IRAS on 1800 356 8300  
  2. You can also view your GIRO plan and tax balance, simply by logging in to myTax Portal.
    a) To view your payment plan
    Select "Account" > "View Payment Plan"
    b) To view your tax balance
    Select "Account" > "View Account Summary". Your GIRO payment will be posted into the tax account within three working days after the deduction date.
  3. If you wish to change your GIRO bank account, just submit a new GIRO application using your new bank account. Once approved, this will supersede the previous GIRO arrangement.

Ways to Apply for GIRO

Online GIRO Application - Instantaneous approval by Banks

  • myTax Portal - Apply GIRO for both Individual Income Tax and Property Tax in one seamless application (currently for OCBC customers only)NEW!
  • Internet Banking (for DBS/POSB, OCBC and UOB customers)
  • AXS stations (for DBS/POSB customers)

GIRO Form Application - Allow for 3 weeks to process and approve

  • Use GIRO form on the Payment Slip sent with your Tax Bill (for DBS/POSB, HSBC, OCBC, UOB and Standard Chartered customers)
  • Complete the GIRO application form and submit to us

Electronic Payment Modes

Credit Card

Check with your credit card issuing bank if they offer any payment scheme to pay income tax via credit card. You can also use MasterCard (Credit or Debit cards) to pay tax on AXS e-Station over the internet or AXS m-Station mobile app. Credit card payments are not offered by IRAS directly because of the high transaction costs charged by the credit card service providers. This is to keep the cost of collection low to preserve public funds.

Telegraphic Transfer

Telegraphic Transfer is only for payments from overseas and the payment modes listed above are not applicable.