2023 Property Tax Bill

Understanding property tax

Property tax is a tax on ownership of property whether it is rented out, owner-occupied or vacant.

Property tax rates

Property tax to be paid = AV X Tax Rates

Property tax rates on owner-occupied and non-owner-occupied residential properties are applied on a progressive scale. All other properties are taxed at 10% of the Annual Value.

Property Tax Rebate for Owner-Occupied Residential Properties in 2023

All owner-occupied residential properties will be eligible for a Property Tax Rebate on the 2023 Property Tax. The Property Tax Rebate will automatically be given to eligible properties and will be reflected in the 2023 Property Tax Bill issued from Dec 2022.

The Property Tax Rebate is 60% of the 2023 property tax payable and capped at $60. You may  refer to our webpage on Property Tax Reliefs for more information on the 2023 Property Tax Rebate.

Property tax payment

Your property tax payment is due on 31 Jan 2023.

IRAS will send customised SMS reminders with your property address, tax amount to be paid and property tax reference number. Final reminders will be sent in the last week of January.

Digital payments using your property tax reference number

• PayNow QR and AXS via myTax Portal: Payment will be updated to your tax account immediately.
• AXS (Stations, Internet and Mobile): Payment will be updated to your tax account immediately.
• SAM (Kiosks, Internet and Mobile): Payment will be updated to your tax account immediately.
• Internet Banking with POSB/ DBS/ OCBC/ UOB: Select "Bill Payment" and quote the Payment Slip No. or Property Tax Reference No. when making payment. Payment will be updated to your tax account within 3 working days.
• Other electronic payment modes.
  

GIRO payments

Enjoy one-time deduction or up to 12 interest-free monthly instalments with GIRO. Get instantaneous approval from your bank if you sign up via:

• myTax Portal (for DBS/POSB and OCBC customers)
• Internet Banking (for POSB/DBS/ OCBC/ UOB customers)
• AXS stations (for DBS/POSB customers)

Taxpayers with previous GIRO arrangement with IRAS can re-activate GIRO at mytax.iras.gov.sg (Apply for Payment Plan).

Check property tax balance

Use the IRAS bot by clicking 'IRAS Bot' at the bottom right of the webpage or access the 'Check Property Tax Balance' digital service to check your property tax balance.

Electronic property tax (e-PT) bills

Enjoy convenience and go green by choosing e-PT bills. You will be notified via SMS and/ or email when your e-PT Bill is ready. You may view your bill via our 'View Property Tax Notices' digital service.

Benefits of e-PT Bills

Improved property tax digital billing experience

For owners who own more than 1 property and have opted for the consolidated electronic property tax bill. You will receive a single notification, instead of separate notifications, once your digital bills are ready for viewing at mytax.iras.gov.sg.

Our improved property dashboard allows you to get an overview of your portfolio of properties and print a consolidated summary statement.

Corporate owners are able to download essential property tax information to suit your company’s needs.

Interactive property tax bill (i-Bill)

View and pay your property tax bills on your mobile phones or laptops through i-Bill.

Every December, IRAS will send a unique link via SMS and/ or email to selected residential property owners to view their bill on an interactive platform. The last 4-digits (e.g. 6789) of the owner’s ID (e.g. NRIC or FIN) will be required for verification purpose.

Property tax digital services

You can access digital services at mytax.iras.gov.sg to:

• Manage your preference for electronic or paper notices
• View your account summary (tax account details, payment plan schedule, statement of account, etc.)
• View your property dashboard (annual value, tax rate, etc.)
• View a copy of your notices/bills and correspondence
• Apply for owner-occupier tax rates

Find out more information on our digital services.

Useful links

• Property Tax Calculator
• Check if you are eligible for Owner-Occupier Tax Rates

FAQs