Tax Rights
IRAS assessments, income tax filing, GST obligations, property tax, tax reliefs and deductions, objections and appeals, and audit protections under Singapore tax law.
Income Tax Filing
Singapore uses a progressive income tax system with rates from 0% to 24% (for income above $1,000,000). Key filing rules:Tax residency: You are a tax resident if you are a Singapore citizen or PR ordi...
Tax Reliefs and Deductions
Singapore offers a range of personal reliefs and deductions that reduce your taxable income:Earned Income Relief: Up to $1,000 (below 55), $6,000 (55–59), or $8,000 (60+).Spouse Relief: $2,000 if your...
Right to Object to Tax Assessment
If you disagree with your Notice of Assessment (NOA) issued by IRAS, you have the right to object:Deadline: You must file a written objection within 30 days of the date of the NOA.How to object: File...
GST (Goods and Services Tax)
Singapore's GST is a broad-based consumption tax currently at 9% (effective 1 January 2024):Business registration: Businesses with taxable turnover exceeding $1 million in the past 12 months (or expec...
Property Tax
All property owners in Singapore must pay property tax — an annual tax based on the Annual Value (AV) of the property:Owner-occupied residential: Progressive rates from 0% (first $8,000 of AV) to 32%...
Tax Audit and Investigation
IRAS conducts audits and investigations to ensure tax compliance:Desk audit: IRAS may request supporting documents for specific items on your tax return — this is the most common type.Field audit: IRA...
Payment Plans and Financial Difficulty
If you cannot pay your tax on time, IRAS offers options to help:GIRO instalments: Sign up for GIRO to spread your tax bill over 12 monthly instalments (interest-free if set up before the payment due d...
Stamp Duty
Stamp duty is payable on documents relating to property transactions and certain other instruments:Buyer's Stamp Duty (BSD): Progressive rates up to 6% for residential property (on the portion above $...