96.5% of taxpayers submitted their individual income tax returns by midnight on 18 Apr 2018. The Inland Revenue Authority of Singapore (IRAS) thanks taxpayers for submitting their tax returns on-time and for their contributions towards nation building.

Income Tax Filing Top Line

96.5% of taxpayers filed their tax returns on-time by 18 Apr this year, up from 96% last year. 780,000 taxpayers, or more than 97% of those who filed their tax returns, did so electronically. About 23% of taxpayers used their mobile devices to access myTax Portal to file or view their tax returns on-the-go.

80,000 taxpayers received an early or immediate tax bill this year. This is an ongoing initiative for early finalisation of assessments so that taxpayers can plan ahead for greater certainty on their tax payments.   

Around 6,000 partnerships filed their Form P early by end February this year, This has enabled more than 12,000 partners to enjoy the convenience of having their partnership income pre-filled in their individual income tax returns by IRAS. IRAS invites all business partnerships to file earlier next year.   

Some 9,000 private-hire car drivers have opted through Grab and Uber platforms to have their income and commission fees pre-filled in their individual income tax returns by IRAS this year. This service initiative to pre-fill self-employed income information was extended to private-hire car drivers, after it was first implemented in 2015 for individual commission agents such as property and insurance agents.  

IRAS will continue to collaborate with industry stakeholders to bring about greater convenience in tax filing and make it easier for taxpayers to fulfil their tax filing obligations.

Late filing fee

Taxpayers who have yet to file their tax returns should do so immediately. Those who require tax filing assistance can call 1800-356 8300 or email IRAS at www.iras.gov.sg (Contact Us > Email Us).

There is a late filing fee of up to $1,000. Any appeal for waiver of late filing fee can only be made online through the “Request Penalty Waiver” e-Service at www.iras.gov.sg (e-Services > Individuals) after the tax return has been filed.

Getting the tax bill

Most taxpayers will receive their tax bills (Notices of Assessment) for the Year of Assessment (YA) 2018 between end Apr and Sep 2018. Those who have updated their mobile numbers with IRAS will receive SMS alerts when their tax bills are finalised.

Taxpayers should check their tax bills once they receive it. If the tax bill is incorrect, they should inform IRAS within 30 days via the "Object to Assessment" e-Service at myTax Portal .

For more information, visit IRAS website.

GIRO for seamless payment

Majority of taxpayers use GIRO for tax payment, and benefit from the flexibility and convenience of paying by 12 monthly interest-free instalments or a one-time deduction. Those who are not on the GIRO payment plan must pay their taxes within one month from the date of the tax bill.

Joining GIRO is easy – just a one-time sign-up through any of the following channels:

• Apply for GIRO directly through myTax Portal (currently available for OCBC customers) ^NEW!

• GIRO application via Internet Banking (for DBS/POSB, OCBC and UOB customers)

• GIRO application at AXS stations (for DBS/POSB customers)

• Complete GIRO form on the Payment Slip sent with the Notice of Assessment (for DBS/POSB, HSBC, OCBC, UOB and Standard Chartered Bank customers)

• Download the GIRO Application Form at www.iras.gov.sg (Quick Links > Payments > Individuals) and mail the completed form using the return envelope to IRAS