Individual Income Tax

How GIRO works

You may opt to pay your tax on Monthly GIRO or a One-time yearly GIRO.

	Monthly GIRO	One-time yearly GIRO
Frequency of Deduction	Up to 12 monthly instalments	Once
Date of Deductions*	Every 6th of the month. If failed, the second deduction will be done on 20th of the month. GIRO arrangement will be cancelled after 2 months of failed deductions ( 4 failed deductions in a row). You have to make full payment of outstanding tax at myTax Portal (Select “Account” > “Pay Taxes”) or re-activate for the GIRO arrangement (Select “Account” > “Apply/ Manage GIRO Plan”) to avoid penalties. For a successful GIRO deduction, please make sure that your bank has enough funds and that you have set a suitable payment limit.
Provisional Instalment Plan (PIP)	Commences yearly from May, based on the previous year’s tax or current year’s estimated tax payable. Refer to "How Provisional Instalment Plan (PIP) works" for more details.	Not Applicable
Additional fees	There is no additional fee for GIRO arrangement. However, some banks may impose bank charges for unsuccessful GIRO deductions.

*If the deduction date falls on a weekend or public holiday, deduction will be made the next working day.

How Provisional Instalment Plan (PIP) works.

Monthly GIRO	If you join GIRO after May, the instalment deduction will commence in the month after your GIRO application is approved which ends in April of the following year.
In the following year, a PIP of 12 full months starting from May will be prepared based on your previous year’s taxes or current year’s estimated tax payable. Once your current tax assessment has been finalised, your monthly GIRO arrangement will be revised based on actual tax payable.

Example:

Mr Ong is on a monthly GIRO arrangement	1. He received a PIP based on his Year of Assessment (YA) 2022’s tax of $1,680. A monthly instalment of $140 from May’23 – Apr’24 (12 months) is set up for him.	2. His assessment for YA 2023 was finalised in Aug’23 and the actual tax payable is $1,750. The monthly instalment was revised to $150 monthly from Oct’23 – Apr’24 (7 months).
	5 months x $140 = $700 7 months x $150 = $1,050 As at end of Sept’23, Mr Ong has paid $700.
	$1,750 - $700 = $1,050

Apply for eGIRO with DBS/POSB, OCBC, UOB, Bank of China, Citibank, HSBC and Maybank
- GIRO arrangement will be set up within minutes to 3 working days

Here are 3 ways which you can set up your GIRO arrangement online:

1. For applications through myTax Portal, the GIRO arrangement will be set up within minutes

2. For applications through internet banking, the GIRO arrangement will be set up within 3 working days

3. For applications through AXS stations, the GIRO arrangement will be set up within 3 working days

myTax Portal

DBS/POSB, OCBC, UOB, Bank of China, Citibank, HSBC and Maybank customers

Please click here for a step-by-step guide on how to submit an eGIRO application.

Internet Banking

DBS/POSB, OCBC and UOB customers

AXS Stations

DBS/POSB customers

Apply for GIRO with other banks
- GIRO arrangement will be set up within 21 working days

Please complete the GIRO application form and mail it to IRAS. The GIRO arrangement will be set up within 21* working days.

*The exact timeline is subject to the processing time of the respective banks.

Sign up for GIRO using your own bank account. Your GIRO arrangement will be set up for tax payments and IRAS will automatically refund tax credits to your bank account.

If you are using a 3^rd party bank account to sign up for GIRO, your GIRO arrangement will be set up for tax payments only. Should there be any tax credit, it shall be refunded via PayNow-FIN/NRIC under your name if you have successfully registered for it.

Download Individual Income Tax GIRO Application Form.

IRAS will send you a notification to view the notice of your GIRO application status via your preferred notification mode (E.g. GIRO approval notices and Instalment Plan will be stored in myTax Portal). You may log in to myTaxPortal to view your GIRO plan details (Select “Account”> “View GIRO Plan”).

For GIRO applications received after the 20^th of the current month, deductions will only commence on the month after the upcoming month.

Re-activate GIRO

If your GIRO arrangement has been cancelled and you wish to re-activate any previous GIRO set up with IRAS, please log into myTax Portal (Select "Account" > “Apply/ Manage GIRO Plan”).

Upon successful re-activation, you may log in to myTax Portal to view your GIRO plan details (Select "Account" > “View GIRO Plan”).

Make changes to GIRO

Changing my GIRO arrangement to another bank account

You can log in to myTax Portal to change your bank account [Select “Account” > “View GIRO Plan” > View > Edit (under Bank Account)].

If the bank account is not previously applied with IRAS and you are not a customer of DBS/POSB, OCBC, UOB, Bank of China, Citibank, HSBC or Maybank, you will have to submit a new GIRO application (refer to Apply for GIRO with other banks).

Your existing GIRO arrangement will be cancelled and replaced by the new GIRO arrangement.

You will be notified via your preferred mode of notification on the revised GIRO plan. Alternatively, you may also log in to myTax Portal to view your GIRO plan details (Select "Account" > "View GIRO Plan").

Edit my GIRO plan or Change my Plan Type

You can log in to myTax Portal to edit the duration of your GIRO plan or change your plan type:

Monthly instalment to one-time yearly deduction or
One-time yearly deduction to monthly instalment

Select “Account” > “View GIRO Plan” > View > Edit (under GIRO Plan Option).

Your existing GIRO arrangement will be replaced by the revised arrangement.

Cancel / Terminate my GIRO arrangement

If you wish to cancel your existing GIRO arrangement with IRAS, please log in to myTax Portal (Select "Account" > "View GIRO Plan" > View > Edit (under GIRO Plan Option). By cancelling the GIRO arrangement, you may still proceed to re-activate the GIRO arrangement for future tax payments.

If you wish to terminate your GIRO arrangement with IRAS, please get in touch with your bank directly. Once your GIRO arrangement has been terminated, you will have to apply for a new GIRO arrangement for future tax payments (refer to Apply for eGIRO).

Do remember to settle any outstanding tax immediately after the cancellation/termination of GIRO arrangement to avoid late payment penalty.

Please log in to myTax Portal (Select "Account" > "View Account Summary") to view your latest tax balance and make payment via Pay Taxes (Select “Account” > “Pay Taxes”).