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irassg

2025-10-14

✨ A Socially Responsible Taxpaying Community: IRAS is committed to building a community of socially responsible taxpayers by making it easier to file and pay taxes.

While tax compliance remains high in Singapore, IRAS remains vigilant to take firm action act against the small minority of taxpayers who refuse to comply and pay their fair share of taxes. We audited and investigated 8,633 cases in FY2024/25, recovering about $507 million in taxes and penalties. ⚖

More at IRAS Annual Report: https://www.iras.gov.sg/who-we-are/what-we-do/annual-reports-and-publications/annual-reports

✨🤝 A Socially Responsible Taxpaying Community: IRAS is committed to building a community of socially responsible taxpayers by making it easier to file and pay taxes. While tax compliance remains high in Singapore, IRAS remains vigilant to take firm ...Read More

irassg

2025-10-13

Last Friday marked a milestone in our One IRAS 2035 journey — as our Management Team and colleagues from across IRAS came together for a power-packed strategic conversation on the key shifts and enablers that will shape our next chapter.

These included:
Reimagining Service Delivery, Compliance, and Investigation - designing seamless, digitally empowered taxpayer journeys to facilitate a supportive, pro-business environment
Redefining Tax Strategy, Policies, and Rules - using data and agile policymaking to support a fairer and more inclusive society while keeping Singapore’s tax system competitive
Revitalising Our Workforce and Culture - building a future-ready IRAS guided by the “Right People, Right Skills, Right Job, Right Time” approach, with emphasis on empowered teams and new capabilities
Reshaping IRAS through Innovation and Technology - harnessing emerging technologies such as Agentic AI to drive smarter decisions, faster responses, and greater public value

This workshop was the culmination of months of thoughtful preparation, deep dives, and collaboration across teams — all driven by a shared ambition to reimagine how we can serve better, adapt faster, and create greater impact for Singapore.

It was inspiring to see the energy, honest reflections and collective commitment in the room. As One IRAS, we’re charting the path towards a more connected, innovative, and future-ready organisation.

#lifeatiras #irassg

Last Friday marked a milestone in our One IRAS 2035 journey — as our Management Team and colleagues from across IRAS came together for a power-packed strategic conversation on the key shifts and enablers that will shape our next chapter. These incl ...Read More

irassg

2025-10-13

Started a new company and unsure of what you need to do this #CorporateIncomeTax2025 season?

Here are some useful resources:
• Check out the basic guide to Corporate Income Tax for new companies: go.gov.sg/companiestaxfiling
• Use the Basic Corporate Income Tax Calculator to guide you in preparing your company’s YA 2025 tax computation and tax schedules: go.gov.sg/BCTC
• Watch this e-Learning video on Corporate Income Tax Filing Obligations and Basis of Assessment: https://www.youtube.com/watch?v=CLT0Qc9abbg&list=PLFZd-M062vaVIcf9LZnO4B1dEXuse3gN2&index=1

Started a new company and unsure of what you need to do this #CorporateIncomeTax2025 season? Here are some useful resources: • Check out the basic guide to Corporate Income Tax for new companies: go.gov.sg/companiestaxfiling • Use the Basic Corpor ...Read More

irassg

2025-10-10

As part of IRAS Service Week 2025, we heard from The Esplanade CEO Yvonne Tham and Decathlon Singapore CEO (Designate) Nathaniel Gregory on how technology and design interventions grounded in human-centred principles culminate in seamless and inclusive experiences. Our learning journey to NCSS showed us how design thinking sparks solutions that empower every person to live with dignity in a caring, inclusive society, while our visit to Singtel Contact Centre gave us a glimpse into next-gen tech and smart strategies that are reinventing customer service.

✨ Whether it's design thinking for public good or smart service evolution, everything starts with understanding human needs. IRAS Service Week 2025 explores how different organisations deliver exceptional experiences, inspiring us to continue delivering service excellence for all taxpayers.

🎯 As part of IRAS Service Week 2025, we heard from The Esplanade CEO Yvonne Tham and Decathlon Singapore CEO (Designate) Nathaniel Gregory on how technology and design interventions grounded in human-centred principles culminate in seamless and incl ...Read More

irassg

2025-10-10

Beware of Impersonation Scams

Watch out for calls claiming to be from:
1. A police officer saying you are part of an investigation – they might even accuse you of being involved in criminal activities;
2. A bank officer saying your bank account or credit card has been compromised; or
3. A government official (e.g. IRAS, MAS, MDDI, LTA) saying you have not paid your bill/fine or that your mobile number has been misused for scams.

Do not be deceived just because the caller knows your personal information (e.g. your name or NRIC number). It may be a scam!

Call the 24/7 ScamShield Helpline at 1799 to check if you are unsure if something is a scam.

🚨 Beware of Impersonation Scams 🚨 Watch out for calls claiming to be from: 1. A police officer saying you are part of an investigation – they might even accuse you of being involved in criminal activities; 2. A bank officer saying your bank accou ...Read More

irassg

2025-10-10

Your company should prepare its tax computation before filing Form C-S/ Form C-S (Lite)/ Form C.

Utilise IRAS’ Basic Corporate Income Tax Calculator at go.gov.sg/BCTC to guide you in preparing your company’s tax computation today.

#CorporateIncomeTax2025

Your company should prepare its tax computation before filing Form C-S/ Form C-S (Lite)/ Form C. Utilise IRAS’ Basic Corporate Income Tax Calculator at go.gov.sg/BCTC to guide you in preparing your company’s tax computation today. #CorporateIncom ...Read More

irassg

2025-10-09

Last week, IRAS held our Annual Tax Conference (ATC) 2025, exploring how Artificial Intelligence (AI) and emerging business models are transforming the tax landscape. The ATC continues to serve as a valuable platform for our tax specialists to research and exchange views on technical issues relevant to their work, alongside emerging topics of significance. This year, our tax specialists came together to discuss and share their insights on the impact of AI in the world of tax – discussing new business models and examining whether tax policies and laws need to adapt to a changing business landscape.

Our tax specialists had the opportunity to hear from guest speaker Ms Amy Ang (Head of Tax, EY Asean Managed Services Leader) who shared her insights on the integration of AI in the business landscape and the potential tax considerations.

We also recognised the contributions of our Accredited Tax Specialists (ATS) through the Technical Contribution Award, inducted our 15 newly accredited tax specialists, and celebrated the achievements of our Book Prize winners for the Advanced Tax Programme.

Thank you to the 2025 ATC Organising Committee and all who have made this event possible!

#lifeatIRAS #irassg

Last week, IRAS held our Annual Tax Conference (ATC) 2025, exploring how Artificial Intelligence (AI) and emerging business models are transforming the tax landscape. The ATC continues to serve as a valuable platform for our tax specialists to resear ...Read More

irassg

2025-10-09

#TaxCrimes Kang Yang Pang, a 53-year-old director of Qiann Xii Pte Ltd (“QXPL”) selling geomancy-related products, has been convicted of (1) under-reporting the income of QXPL resulting in $74,547 in taxes undercharged; (2) failing to register the business for Goods & Services Tax (GST) resulting in $218,880 in GST undercharged; (3) failing to keep and retain records required under the Income Tax Act; and (4) failing to preserve business and accounting records required under the GST Act.

He was fined $11,000 and ordered to pay a penalty of $170,982.

#TaxCrimes Kang Yang Pang, a 53-year-old director of Qiann Xii Pte Ltd (“QXPL”) selling geomancy-related products, has been convicted of (1) under-reporting the income of QXPL resulting in $74,547 in taxes undercharged; (2) failing to register the bu ...Read More

irassg

2025-10-09

Looking Ahead: From AI-powered service delivery to smarter geospatial valuation and enhanced tourist refund experiences, IRAS is harnessing innovation to better serve taxpayers and the community. ✨

More at IRAS Annual Report: https://www.iras.gov.sg/who-we-are/what-we-do/annual-reports-and-publications/annual-reports

🚀 Looking Ahead: From AI-powered service delivery to smarter geospatial valuation and enhanced tourist refund experiences, IRAS is harnessing innovation to better serve taxpayers and the community. 🌐✨ More at IRAS Annual Report: https://www.iras.g ...Read More

irassg

2025-10-08

We were honoured to hear from Cisco Systems Inc ASEAN President Tay Bee Kheng and McKinsey & Co Co-Managing Partner Timothy Yap on advancing public service with technology and heart, as part of IRAS Service Week 2025. We learnt how Cisco's secure infrastructure and McKinsey's strategic frameworks leverage Agentic AI, data fabric, and predictive analytics to help public agencies anticipate and address citizen needs on scalable, agile platforms. The key insight: in a world of disruptions, resilience must be our mindset — achieved through inclusive design that puts resiliency into the fabric of our solutions.

This principle came alive during our visit to OCBC Contact Centre, where we saw firsthand how duty of care and human-centricity drive exceptional service, taking away valuable insights into creating user-friendly customer touchpoints and crisis management strategies that we can apply to better serve taxpayers. ✨

🤝 We were honoured to hear from Cisco Systems Inc ASEAN President Tay Bee Kheng and McKinsey & Co Co-Managing Partner Timothy Yap on advancing public service with technology and heart, as part of IRAS Service Week 2025. We learnt how Cisco's secure ...Read More

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Last updated on 25 August 2022