Property Tax

How GIRO works

Date of Deduction*

Every 5th of the month. If failed, the second deduction will be done on the 21st of the month.

GIRO arrangement will be cancelled after 2 consecutive 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 the GIRO arrangement (Select "Account" > “Apply/ Manage GIRO Plan”) to avoid penalties.

For successful GIRO deduction, please make sure that your bank account has enough funds and that you have set a suitable payment limit.

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

Apply for eGIRO (For Businesses) with DBS/POSB, OCBC, UOB, Bank of China and Maybank
- eGIRO arrangement will be set up instantly upon approval by the company's authorised approver

Benefits of eGIRO

  • It's fast to set up
  • It's easy to track your application status
  • It's all digital and you do not have to print paper form

 How to submit an eGIRO application

The applicant needs to be authorised via Corppass and has access to the Corporate Internet Banking Portal.

Steps for Applicant (Maker) to apply for eGIRO:
1. Log in to myTax Portal with your Singpass.
2. Go to "Account" > “Apply/ Manage GIRO Plan”.
3. Select your bank under "New eGIRO arrangement".
4. Select the tax account(s) that you wish to set up eGIRO arrangement and click "Continue".
5. You will be redirected to log in to your Corporate Internet Banking Portal. Select your bank account and submit your eGIRO application.
6. Upon successful submission at the Corporate Internet Banking Portal, you need to return back to myTax Portal to complete the eGIRO application.

Steps for Approver to authorise the eGIRO application:
[To approve the application within 48 hours as the application will be lapsed after 48 hours; and outside IRAS system's weekly maintenance hour (2am to 6am on Wednesday, and 2am to 8:30am on Sunday]
1. Log in to your Corporate Internet Banking Portal.
2. Authorise the eGIRO application.

After IRAS receives the approval from the bank, you can view your GIRO plan for the outstanding tax balance(if any) via "Account" > "View GIRO Plan" digital service.

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

Apply for eGIRO (For Individuals) 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 throughAXS stations, the GIRO arrangement will be set up within 3 working days.

MTP
IBAXS

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 3rd 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-UEN/FIN/NRIC under your name if you have successfully registered for it.

     

    Download Property 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 myTax Portal to view your GIRO plan details (Select “Account”> “View GIRO Plan”).

    For GIRO applications received after the 20th 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 do so via 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 arrangement

    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” > Proceed (For Property Tax Accounts) > 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 (for individuals) or DBS/POSB, OCBC, UOB, Bank of China or Maybank (for businesses), 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” > Proceed (For Property Tax Accounts) > View > Edit (under GIRO Plan Option)]. Your existing GIRO arrangement will be replaced by the revised 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").


    Cancel / Terminate my GIRO Arrangement

    If you wish to cancel your existing GIRO arrangement with IRAS, please do so via  myTax Portal (Select "Account" > "View GIRO Plan" > Proceed (For Property Tax Accounts) > 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”).