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Inland Revenue Authority of Singapore (IRAS) is the Government agency responsible for the administration of taxes and enterprise disbursement schemes.
Sign up for GIRO to enjoy up to 12 monthly interest-free instalments, or opt for once-a-year deduction. myTax Portal is a secured, personalised portal for you to view and manage your tax transactions with IRAS, at your convenience.
myTax Portal is a secured, personalised portal for you to view and manage your tax transactions with IRAS, at your convenience.
Although your employer may have sent your employment income details to IRAS, you are still required to file your Income Tax Return if you receive a notification to file, have other income to declare or want to claim for personal reliefs.
To achieve greater progressivity, the top marginal personal income tax rate will be increased with effect from YA 2024. Chargeable income in excess of $500,000 up to $1 million will be taxed at 23%, while that in excess of $1 million will be taxed at 24%; both up from the current rate of 22%.
A basic guide to learn about Corporate Income Tax in Singapore e.g. tax rates, Year of Assessment, filing obligations, and tips for new companies.
