Latest Updates

• Updated the following sections to highlight changes to the HCES process and operational procedures following the cessation of physical endorsement of HCES permits:

• Added Q17 on how to set up NTP account to the list of Frequently Asked Questions.
• Inserted footnote 6 to refer to Customs Notice on Cessation of physical endorsement.
• Updated Appendix 1 to be specific that the list of documents to be maintained by HCES exempted suppliers are for hand-carried exports via Singapore Changi Airport.

Advisory on Communicating Reasons for Price/Fee Increases to Consumers

The e-Tax Guide has been updated with the following changes: 

• Paragraphs 2.1(b), 5.3, 5.6 and 5.8, and section 3 of Section 13(12) Declaration Form – Updated to include (a) a wholly-owned Singapore incorporated and resident company held indirectly by an S-REIT and (b) a wholly-owned sub-trust held directly by an S-REIT. 
• Paragraphs 3.3, 4.2.2, 4.2.3, 4.2.7, 5.4, 5.5(b), 5.5(c) and 5.5(f), example 2 of Annex 1 and section 2(F) of Section 13(12) Declaration Form – Updated the expansion of scenarios and amendments to existing scenarios currently covered under the specified scenarios. 
• Paragraph 4.7 – Updated to clarify that if a taxpayer misses the deadline, IRAS is prepared to review the declaration form, subject to certain mitigating factors. 
• Paragraph 6.7 - Updated the extension of the tax exemption scheme for qualifying income originating from qualifying offshore infrastructure project/asset. 

Updated FAQ to clarify the tax treatment of Foreign Worker Levy Rebate.