taxBytes@iras

SingPass 2FA for myTax Portal and Easy

From 5 Jul 2016, you will need your SingPass 2FA to log in to myTax Portal and Easy. For security reasons, you will need to key in a One-Time Password (OTP) sent to you via SMS, or generated by your OneKey Token. 

Get ready for mandatory e-Filing of these forms:

1. e-File your withholding tax

Are you engaging non-resident companies or individuals? It is compulsory to e-File your withholding tax forms from 1 Jul 2016.

2. e-File your PIC Cash Payout forms

Are  you a sole-proprietor, partnership or company who wants to claim PIC cash payouts? You must e-File your PIC cash payout applications from 1 Aug 2016.

3.  e-File your Corporate Tax Returns

Are you carrying on a trade or business in Singapore? You are required to e-File your Corporate Income Tax Returns (including Estimated Chargeable Income, Form C-S/ C) by:

• YA2018: Companies with turnover > $10 million in YA 2017
• YA2019: Companies with turnover > $1 million in YA 2018
• YA2020: All companies

Benefits of e-Filing:

• e-File anywhere, anytime
• Instant acknowledgement
• Fast & Free
• Secured filing by authorised persons
• Submit from overseas
• In-built validation checks to minimise errors