Withholding Tax
Applying for eGIRO
Deductions will be made on the 25th of the month. If e-Filed late, it will be deducted on the 25th of the following month.
If the deduction date falls on a weekend or public holiday, deduction will be made the next working day.
Applying for eGIRO
Applying for eGIRO with DBS/POSB, OCBC, UOB, Bank of China and Maybank
Once the applicant has applied for eGIRO at myTax Portal and at the Corporate Internet Banking Portal, the approver can instantly approve the GIRO arrangement at the Corporate Internet Banking Portal.
(Instant setup upon approval by approver at the Corporate Internet Banking Portal) |
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| DBS/POSB, OCBC, UOB, Bank of China and Maybank customers |
The approver needs to approve the application within 48 hours, as the application will lapse after 48 hours. Please note that approvals cannot be processed during IRAS system's weekly maintenance hours (2am to 6am on Wednesdays, and 2am to 8.30am on Sundays).
After IRAS receives the approval from the bank, you can view your GIRO plan for the outstanding tax balance (if any) via "S45" > "View S45 GIRO Plan" digital service at myTax Portal.
Applying for GIRO with other Banks
Please complete and mail the S45 Withholding GIRO Application Form to IRAS as eGIRO is not available for the other banks . The GIRO arrangement will be set up within 21 working days. The exact timeline is subject to the processing time of the respective banks.
Please use your own bank account when signing up for GIRO. Your GIRO arrangement will be set up for tax payments and IRAS will automatically refund tax credits to your bank account.
IRAS will send you a notification
to view the notice of your GIRO application status via your preferred notification mode. The GIRO approval notices and Instalment Plan will also be stored in myTax Portal. You may login to myTax Portal to view your GIRO plan details (Select "S45" > "View S45 GIRO Plan").
Managing your GIRO arrangement
For a successful GIRO deduction, please make sure that your bank has enough funds on the deduction date and that you have set a suitable payment limit. Do note that some banks may impose bank charges for unsuccessful GIRO deductions.
| Apply for GIRO to pay via a One-Time deduction | E-File your return via S45 e-Services. Withholding tax must be paid by 15th of the second month from date of payment to the non-resident. Deductions are made on the 25th of the month. If e-Filed late, it will be deducted on the 25th of the following month. |
| If GIRO deduction is unsuccessful | GIRO arrangement will be cancelled. You will need to set up your GIRO arrangement again or to make immediate payment to avoid penalties. |
Make changes to GIRO arrangement
Changing bank account
You can log in to myTax Portal to make the changes.Cancel your GIRO Plan (Select "Account" > "View GIRO Plan" > Cancel GIRO Plan). If the bank account that you would like to change to is under DBS/POSB, OCBC, UOB, Bank of China or Maybank, you can apply for eGIRO (Select "Account" > "Apply/ Manage GIRO Plan" > New GIRO arrangement), otherwise you will have to submit a new GIRO form application (Refer to Applying for eGIRO). If you've previously used your bank account for GIRO with IRAS, you can re-activate your GIRO (Select "Account" > "Apply/ Manage GIRO Plan" > Reactivate GIRO arrangement).
Once edited, your existing GIRO arrangement will be replaced with the updated plan. You can view your updated GIRO plan details at myTax Portal (Select "S45" > "View S45 GIRO Plan").
Terminate my GIRO Arrangement
If you wish to terminate your GIRO arrangement with IRAS, please get in touch with your bank directly. Once GIRO arrangement has been terminated, you will have to apply for a new GIRO arrangement for future tax payments (refer to Applying for eGIRO).
Do remember to settle any outstanding tax immediately after the cancellation/termination of GIRO arrangement to avoid late payment penalty.