Thank you, taxpayers, for building our shared home together
Follow Sam’s journey from his childhood in the 1960s to his golden years today – watch as he grows alongside Singapore.
Over the past six decades, every tax dollar has helped shape the playgrounds where our children’s laughter echoes, the homes which cradle our families, transportation network which connects our communities, and the garden city which blooms around us.
<This animation was produced in collaboration with ITE, as part of the IRAS x ITE internship programme – shout-out to our intern, Deseree, for bringing this to life!>
$88.9 billion tax revenue collected to support Singapore’s economic and social growth
The Inland Revenue Authority of Singapore (IRAS) collected $88.9 billion in tax revenue for Financial Year (FY) 2024/25 – 10.7% higher than in FY2023/24 – driven by robust economic growth and higher consumer spending. Read more.
Enhancements to myTax Portal are now ready
Explore some of the new enhancements on myTax Portal to improve taxpayers’ experience online. Find out more.
Transforming the taxpaying experience – IRAS as the single source of truth for Self-Employed Persons’ data
As a Self-Employed Person hustling hard for your business, the last thing you want is to be distracted by regulatory reporting to government agencies.
Learn how IRAS cut down reporting requirements from three streams to just one single source with its innovation project cut down regulatory reporting for Self-Employed Persons.
IRAS Commissioner shares Authority’s commitment to tax certainty for sustainable growth
IRAS Commissioner Fook Chuen Ow delivered the opening address at the 'International Tax Disputes Day: The Asian and Global Landscape' conference, jointly organised by Tax Academy of Singapore and Tax Policy Center, University of Lausanne.
In an era of increasing complexity and cross-border uncertainty, Commissioner Ow articulated Singapore's steadfast commitment to tax certainty as a cornerstone of sustainable growth. He shared IRAS' approach towards preventing and resolving tax disputes, which is exemplified through our adoption of the internationally agreed standard for Mutual Agreement Procedure (MAP) and our extensive network of Avoidance of Double Tax Agreements (DTAs).
Domestically, IRAS also established a strong partnership with tax practitioners and the business community and implemented robust initiatives like the Enhanced Taxpayer Relationship (ETR) programme for larger businesses.
IP Week@SG 2025
IRA is supporting as a Supporting Organisation for IP Week @ SG 2025 which will be held on 26 – 27 August 2025 at the Marina Bay Sands Expo and Convention Centre.
The event, themed “Ideas to Assets: Innovating In Times of Change”, looks at how innovation and IP can be harnessed to adapt and grow in a rapidly evolving world.
Into its fourteenth edition, IP Week @ SG has become a premier global IP event that brings together the innovation community comprising policymakers, business leaders and legal experts, to network and discuss cutting-edge issues surrounding IP and its impact on the ecosystem. Past editions of IP Week @ SG attracted more than 5000 participants from over 40 countries and drew the support of more than 90 partners, comprising supporting organisations, sponsors and exhibitors, event partners and media partners
Nudging Form M taxpayers towards online filing
The majority of taxpayers file online using myTax Portal. For a small group of taxpayers, IRAS still sends them paper return Form M as they reside overseas and may not be familiar with Singapore’s tax regime.
Read about the IRAS team which initiated the project to convert paper filing of Form M to digital filing so that they can benefit from digital filing and the convenient services of IRAS’ myTax Portal.
What drives IRAS’ investigators to crack tax crimes? Get the real story – unfiltered – here.
Off duty, Ms Ameera Koh, Deputy Director at IRAS’ Investigation & Forensics Division, does not come across as a typical investigator.
Ameera is part of a team of tax investigators in IRAS which investigates tax crimes to ensure that errant taxpayers do not get away from paying their fair share of taxes.
Let’s hear it from Ameera, an IRAS investigator, on her investigations into one of her focus areas – the funeral industry. Unfiltered.
IRAS participates in 53rd SGATAR Annual Meeting in Seoul
The 53rd SGATAR Annual Meeting held in Seoul in MONTH, 2024 brought together over 180 delegates, including tax commissioners and business representatives from 18 Asia-Pacific jurisdictions.
Read about IRAS’ participation at SGATAR.
DBS partners IRAS to provide individual and corporate taxpayers in Singapore with eGIRO for a seamless taxpayment experience
A new partnership between DBS and IRAS offers both individual and corporate taxpayers an eGIRO service which streamlines application process and cuts processing time from weeks to minutes. IRAS is the first statutory board to partner DBS to incorporate this integrated solution in its suite of services.
Read about the integrated eGIRO solution here. Apply for the eGIRO service which aims to benefit over two million GIRO users in Singapore.
What you need to know about IRAS’ Donation-API (DON-API)
Five minutes. With DON-API, that’s the time it takes for Institutions of a Public Character (IPCs) to submit their donation records electronically to IRAS.
Read how IRAS developed the DON-API to make it easy for IPCs to digitalisation efforts of IPCs in their donation management processes.
Understanding the Use of Software in Tax Filing: We Need Your Insights!
We are conducting a brief survey to understand how businesses manage their tax filing, with a focus on the use of accounting software, and those with seamless filing capabilities. Whether you use such software or not, your experience is valuable to us.
Why participate?
- Share your perspectives on your existing tax filing processes
- Influence potential improvements in tax filing
- Help create an improved tax filing experience for businesses
This survey takes only about 5 minutes to complete. Ready to have your say? Click here.
Five questions to ask a Corporate Tax Specialist
Have you ever wondered why companies, from large multinationals to innovative start-ups, are drawn to set up their business operations in Singapore? Besides the pro-business environment, another important factor is Singapore’s Corporate Tax regime.
Ong Zhong Teck, a Corporate Tax Specialist with the Corporate Tax Division, shares some insights on his work experience with Corporate Tax.
Five questions to ask an IRAS Income Tax expert
With the Individual Income Tax Season 2024 in full swing, we ask Chin Sau Hing, a Deputy Director at IRAS’ Individual Income Tax Division, to share her experiences on how IRAS constantly tinkers at the taxpaying process to make it easy for taxpayers. Read more here.
Singapore commits to implementing the Crypto Asset Reporting Framework
Singapore and 47 other jurisdictions will work towards automatic exchanges in crypto-asset reporting based on the internationally agreed Crypto-Asset Reporting Framework in 2027.
The framework provides for the automatic exchange of tax-relevant information on crypto assets, thus ensuring that recent gains in global tax transparency are not eroded. IRAS will work with the industry to provide guidance for CARF implementation in Singapore.
Read joint statement here.
New digital solution ideas, deepening partnerships at the 16th Forum on Tax Administration Plenary 2023
Over 50 tax administrations around the world met at the OECD’s 16th Forum on Tax Administration (FTA) Plenary which was held in Singapore for the first time from 11 Oct to 13 Oct 2023.
The 16th Plenary meeting brought together both advanced and developing tax administrations. At the Plenary, the Heads and representatives of FTA members agreed to commit to:
- Collaborate on an ambitious set of projects to help realise the vision of Tax Administration 3.0, utilising new technology to increasingly build-in, drive down tax gaps and significantly reduce compliance burdens;
- Work together to ensure the effective implementation of Pillar Two, including how to deepen co-operation between tax administrations in the administration of the global minimum tax rules; and
- Enhance the effectiveness and reach of global capacity building efforts through closer partnership with other international and regional organisations.
Learn about initiatives such as InvoiceNow which enhances the taxpaying process through digital solutions.
5 questions to ask an IRAS valuer
Did you know that many factors determine the annual value of a property?
IRAS assesses the annual value of properties for the purpose of property tax? Find out what are the considerations which Ho Ren Da, an IRAS Valuer, has when reviewing industrial buildings.
5 questions to ask an IRAS investigator
Revenue House clinches Green Mark Platinum award
For our sustained push to go green, Revenue House has been re-certified and awarded the Green Mark Award (Platinum) – the highest tier award in the Green Mark certification scheme by the Building and Construction Authority. The award recognises our proactive efforts towards environmental sustainability, with effective energy and water efficiency practices.
Beyond this achievement, and as part of our commitment to the environment, IRAS employees and tenants at Revenue House are encouraged to adopt green practices in line with the GreenGov.SG initiative: www.greenplan.gov.sg/key-focus-areas/green-government/