Social Site

A Singapore Government Agency Website How to identify

Official website links end with .gov.sg

Government agencies communicate via .gov.sg websites (e.g. go.gov.sg/open). Trusted websites

Secure websites use HTTPS

Look for a lock () or https:// as an added precaution. Share sensitive information only on official, secure websites.

Who We Are
Taxes
Schemes
Digital Services
Digital Collaboration

Social Site
Digital Gallery
Life at IRAS
Partnering for Progress (Resources)

Home
Who We Are
Social Site

Digital Gallery

Explore the history of taxes in Singapore and follow our transformation journey over the years.

Head to the gallery

Life at IRAS

Learn more about the people, culture and career opportunities at IRAS. Plus, meet the #IRASFam.

Find out more

Partnering for Progress (Resources)

Access a collection of useful educational resources and learn about our public engagement and feedback initiatives.

Go to resources

Follow @irassg

irassg

2024-11-19

Reduce your tax bills this #CorporateIncomeTax2024 season.

More: go.gov.sg/cit-taxexemption

Reduce your tax bills this #CorporateIncomeTax2024 season. More: go.gov.sg/cit-taxexemption ...Read More

irassg

2024-11-19

Just 11 days to the #CorporateIncomeTax2024 filing deadline of 30 November 2024.

Ensure that you or your staff has been assigned with the “Approver” role for “Corporate Tax (Filing and Applications)” digital service in Corppass before filing Form C/ Form C-S/ Form C-S (Lite) at mytax.iras.gov.sg.

Failure to file the tax return by the deadline is an offence under the Income Tax Act 1947, and you may be subject to penalties of up to $5,000.

Just 11 days to the #CorporateIncomeTax2024 filing deadline of 30 November 2024. Ensure that you or your staff has been assigned with the “Approver” role for “Corporate Tax (Filing and Applications)” digital service in Corppass before filing Form C ...Read More

irassg

2024-11-18

#DidYouKnow Businesses and employers using One-Stop Payroll (OSP)-enabled payroll software have reported time savings of up to 50%? OSP allows submissions to IRAS, CPFB and MOM directly from payroll software, enhancing both efficiency and accuracy.

Ready to reap the benefits of OSP? Visit https://www.onestoppayroll.gov.sg/osp-vendor-listing/ for the list of OSP-ready payroll software vendors.

#DidYouKnow Businesses and employers using One-Stop Payroll (OSP)-enabled payroll software have reported time savings of up to 50%? OSP allows submissions to IRAS, CPFB and MOM directly from payroll software, enhancing both efficiency and accuracy. ...Read More

irassg

2024-11-15

53-year-old You Meimei, the sole director and shareholder of Nanyang Laodian Pte Ltd (“Nanyang”) and Huamei Holidays Pte Ltd (“Huamei”), in the businesses of selling medicated oils and related products; and providing tours and travel services respectively, has been convicted of the following Goods & Services Tax (GST) offences:

• Failure to notify the Comptroller of GST of Nanyang’s liability to be registered for GST, resulting in $303,857 in GST due; and
• Making of an incorrect GST F5 return by Huamei, resulting in $61,167 in GST undercharged

She has been sentenced by the Court and ordered to pay $10,000 in fine and $152,721 in penalties.

53-year-old You Meimei, the sole director and shareholder of Nanyang Laodian Pte Ltd (“Nanyang”) and Huamei Holidays Pte Ltd (“Huamei”), in the businesses of selling medicated oils and related products; and providing tours and travel services respect ...Read More

irassg

2024-11-15

It’s Corporate Income Tax (CIT) filing season. Here’s what you should do if your company encounters these specific tax filing situations.

Remember to file your company’s return by 30 Nov 2024 to avoid penalties of up to $5,000.

More info on CIT 2024: https://go.gov.sg/cit2024

It’s Corporate Income Tax (CIT) filing season. Here’s what you should do if your company encounters these specific tax filing situations. Remember to file your company’s return by 30 Nov 2024 to avoid penalties of up to $5,000. More info on CIT 202 ...Read More

irassg

2024-11-14

IRAS attended the 44th Commonwealth Association of Tax Administrators (CATA) Technical Conference in Mauritius in Oct 2024. The conference, themed “Reshaping the Tax Administration in a Dynamic Landscape”, gathered over 100 delegates from more than 30 tax administrations, international organisations, and businesses.

Discussions covered emerging issues like BEPS Pillar 2, tax implications of cryptocurrencies, and e-invoicing implementation challenges. These were complemented by sessions on core topics including advancements in digital forensics and strategies for fostering voluntary tax compliance among younger taxpayers.

Ms Mengxin Koh, Director in the Small Business Division at IRAS, delivered a keynote address on IRAS’ use of technology. She highlighted IRAS’ investments in AI and analytics to enhance taxpayer service, compliance, and streamline business processes, while addressing some of the challenges faced in adopting technology and strategies to mitigate these challenges.

IRAS values CATA as a forum for knowledge exchange and collaboration among tax administrations, and remains committed to innovation and international partnerships.

IRAS attended the 44th Commonwealth Association of Tax Administrators (CATA) Technical Conference in Mauritius in Oct 2024. The conference, themed “Reshaping the Tax Administration in a Dynamic Landscape”, gathered over 100 delegates from more than 3 ...Read More

irassg

2024-11-14

#DidYouKnow that your company can claim tax deductions on qualifying Renovation or Refurbishment (R&R) costs incurred?

The amount of R&R costs that qualify for tax deduction is capped at $300,000 for every relevant 3-year period, starting from the year in which R&R costs are incurred.

Find out more at go.gov.sg/section14n or watch this video at go.gov.sg/citrr. #CorporateIncomeTax2024

#DidYouKnow that your company can claim tax deductions on qualifying Renovation or Refurbishment (R&R) costs incurred? The amount of R&R costs that qualify for tax deduction is capped at $300,000 for every relevant 3-year period, starting from the ...Read More

irassg

2024-11-12

New companies, we you too.

Check out these resources to simplify your first #CorporateIncomeTax2024 filing:
• go.gov.sg/companiestaxfiling
• go.gov.sg/iras-btc

New companies, we 🤍 you too. Check out these resources to simplify your first #CorporateIncomeTax2024 filing: • go.gov.sg/companiestaxfiling • go.gov.sg/iras-btc ...Read More

irassg

2024-11-12

#DidYouKnow that depreciation expenses are not tax-deductible?

Your company can claim capital allowances instead for the wear and tear of qualifying fixed assets bought and used in its trade or business.

Find out more at go.gov.sg/iras-ca or watch this video at go.gov.sg/iras-citca. #CorporateIncomeTax2024

#DidYouKnow that depreciation expenses are not tax-deductible? Your company can claim capital allowances instead for the wear and tear of qualifying fixed assets bought and used in its trade or business. Find out more at go.gov.sg/iras-ca or watc ...Read More

irassg

2024-11-11

With One-Stop Payroll, your payroll software can be enhanced to help clients submit payroll and employment-related data in a quicker, more effective way with less technical errors – reducing their time spent on these processes by 50%!

For more info, visit https://www.onestoppayroll.gov.sg/partner-with-us/software-developer/.

With One-Stop Payroll, your payroll software can be enhanced to help clients submit payroll and employment-related data in a quicker, more effective way with less technical errors – reducing their time spent on these processes by 50%! For more info ...Read More

IRAS Social Site

A one-stop portal for taxpayer education as well as career and engagement opportunities for the community.

Inland Revenue Authority of Singapore

Careers
News & Events
Useful links

SUBSCRIBE TO OUR eALERTS

Contact Us
Feedback

IRAS Facebook
IRAS Instagram
IRAS TikTok
IRAS Twitter
IRAS LinkedIn
IRAS Youtube
Add Telegram Icon to IRAS Website
IRAS Whatsapp

Report Vulnerability
Privacy Statement
Terms of Use & Browser Compatibility
Sitemap

© 2024, Government of Singapore

Last updated on 25 August 2022