๐ ๐๐ฒ๐น๐ฒ๐ฏ๐ฟ๐ฎ๐๐ถ๐ป๐ด ๐๐ฆ๐ง ๐๐ฒ๐ฎ๐ฟ๐ป๐ถ๐ป๐ด ๐ฆ๐๐ฐ๐ฐ๐ฒ๐๐!
What happens when 120 motivated participants gather for a GST webinar? Great learning happens! โจ
Held on 25 Nov 2025, the webinar delivered essential information that businesses in the gold industry needed to ensure compliance with GST rules:
โ Time of supply rules
โ GST rules for barter trade/ trade-in transactions
โ Export documentation
โ Price display requirements
โ GST treatment of investment precious metals
Ensure that your business is compliant by reviewing your GST submissions. If you spot any errors, making a timely voluntary disclosure through myTax Portal helps you to avoid penalties. For detailed information on the GST voluntary disclosure programme, visit go.gov.sg/irasgst-voluntary-disclosure-of-errors.
Keep a look out for more GST educational opportunities coming soon!
What happens when 120 motivated participants gather for a GST webinar? Great learning happens! โจ
Held on 25 Nov 2025, the webinar delivered essential information that businesses in the gold industry needed to ensure compliance with GST rules:
โ Time of supply rules
โ GST rules for barter trade/ trade-in transactions
โ Export documentation
โ Price display requirements
โ GST treatment of investment precious metals
Ensure that your business is compliant by reviewing your GST submissions. If you spot any errors, making a timely voluntary disclosure through myTax Portal helps you to avoid penalties. For detailed information on the GST voluntary disclosure programme, visit go.gov.sg/irasgst-voluntary-disclosure-of-errors.
Keep a look out for more GST educational opportunities coming soon!
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Turnover exceeded S$1 million? You may need to register for GST.
Time is ticking - register within 30 days of exceeding the threshold to stay compliant and avoid penalties.
๐ก Get the full breakdown: go.gov.sg/iras-gst-doineedtoregister
๐ Check if you need to register: go.gov.sg/iras-gstregcalculator
Follow us for GST insights that keep your business on track.
Coming up next week: The ins and outs of calculating taxable turnover for GST registration
#GSTregistration #StayInformedonGST
Time is ticking - register within 30 days of exceeding the threshold to stay compliant and avoid penalties.
๐ก Get the full breakdown: go.gov.sg/iras-gst-doineedtoregister
๐ Check if you need to register: go.gov.sg/iras-gstregcalculator
Follow us for GST insights that keep your business on track.
Coming up next week: The ins and outs of calculating taxable turnover for GST registration
#GSTregistration #StayInformedonGST
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Have you ever wondered how to maximise your tax savings?
Remember to donate to any approved IPCs, contribute to your SRS, or make CPF cash top-ups by 31 December 2025 to enjoy tax reliefs and deductions in the Year of Assessment 2026!
More at go.gov.sg/reliefs-rebates-deductions
#irassg #taxsavings
Remember to donate to any approved IPCs, contribute to your SRS, or make CPF cash top-ups by 31 December 2025 to enjoy tax reliefs and deductions in the Year of Assessment 2026!
More at go.gov.sg/reliefs-rebates-deductions
#irassg #taxsavings
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There are many ways to plan for your future - tax savings is one of them ๐ฑ
โข Donate to any approved IPC to enjoy tax deductions of up to 2.5 times the qualifying donation amount
โข Contribute to your SRS for dollar-for-dollar tax relief
โข Make cash top-ups to your and/or your family member's CPF, with a maximum of $16,000 (maximum of $8,000 for self, and $8,000 for family members)
Do so by 31 December 2025 to enjoy tax reliefs and deductions in the Year of Assessment 2026.
More at go.gov.sg/reliefs-rebates-deductions
#irassg #taxsavings
โข Donate to any approved IPC to enjoy tax deductions of up to 2.5 times the qualifying donation amount
โข Contribute to your SRS for dollar-for-dollar tax relief
โข Make cash top-ups to your and/or your family member's CPF, with a maximum of $16,000 (maximum of $8,000 for self, and $8,000 for family members)
Do so by 31 December 2025 to enjoy tax reliefs and deductions in the Year of Assessment 2026.
More at go.gov.sg/reliefs-rebates-deductions
#irassg #taxsavings
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Did you know that you can apply for GIRO via myTaxPortal, i-banking or the AXS machine?
You are highly encouraged to apply for GIRO โ the set-up will be ready within three working days.
And for those who had previous arrangements with IRAS, you can re-activate your GIRO arrangement at myTax Portal.
For more details, go to go.gov.sg/iras-pt2026.
#PropertyTax2026
You are highly encouraged to apply for GIRO โ the set-up will be ready within three working days.
And for those who had previous arrangements with IRAS, you can re-activate your GIRO arrangement at myTax Portal.
For more details, go to go.gov.sg/iras-pt2026.
#PropertyTax2026
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๐งฎ Are you calculating your taxable turnover accurately?
Your computation of taxable turnover affects your GST registration liability. Getting it wrong could mean:
โ Paying GST on your past sales as the GST registration will be backdated
โ Registering for GST when you don't need to and incurring compliance costs unnecessarily
Visit IRAS website (go.gov.sg/iras-gst-doineedtoregister) for a step-by-step guide and illustrations on calculating your taxable turnover correctly or use our GST registration calculator (go.gov.sg/iras-gstregcalculator).
Follow us for GST insights that keep your business on track.
Coming up next week: Knowing when to get a new GST number for new business set-ups
#GSTregistration #StayInformedonGST
Your computation of taxable turnover affects your GST registration liability. Getting it wrong could mean:
โ Paying GST on your past sales as the GST registration will be backdated
โ Registering for GST when you don't need to and incurring compliance costs unnecessarily
Visit IRAS website (go.gov.sg/iras-gst-doineedtoregister) for a step-by-step guide and illustrations on calculating your taxable turnover correctly or use our GST registration calculator (go.gov.sg/iras-gstregcalculator).
Follow us for GST insights that keep your business on track.
Coming up next week: Knowing when to get a new GST number for new business set-ups
#GSTregistration #StayInformedonGST
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Received an SMS or email from IRAS? Avoid a 5% late penalty and remember to make your payment on time.
Note that if you have difficulty in paying your tax in full, you can apply for GIRO arrangement or a longer payment plan at myTax Portal today.
Check out go.gov.sg/iras-pt2026 for more info.
#PropertyTax2026
Note that if you have difficulty in paying your tax in full, you can apply for GIRO arrangement or a longer payment plan at myTax Portal today.
Check out go.gov.sg/iras-pt2026 for more info.
#PropertyTax2026
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#TaxCrimes Rickey Tan Yao Rong, a 54-year-old former car trader, has been convicted of Income Tax and Goods and Services Tax (โGSTโ) offences.
Tan was convicted of:
- 2 counts of making false entries in his personal income tax returns for the years of assessment (โYAsโ) 2018 and 2019, resulting in $260,773 in tax undercharged
- 1 count of failing to notify the Comptroller of GST of his liability to be registered as a taxable person, leading to $245,420 of GST due
Tan was sentenced to:
- 12 months and 2 weeksโ imprisonment;
- Penalty of $806,861; and
- Fine of $3,500
Tan was convicted of:
- 2 counts of making false entries in his personal income tax returns for the years of assessment (โYAsโ) 2018 and 2019, resulting in $260,773 in tax undercharged
- 1 count of failing to notify the Comptroller of GST of his liability to be registered as a taxable person, leading to $245,420 of GST due
Tan was sentenced to:
- 12 months and 2 weeksโ imprisonment;
- Penalty of $806,861; and
- Fine of $3,500
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In addition to handling requests such as making payment and reactivating GIRO plans, you can use the IRAS Bot to direct you to our interactive tax calculator (click on IRAS Bot > Property Tax) or hit the search button and type โinteractive property tax calculatorโ.
Go to go.gov.sg/iras-pt2026 for more information.
#PropertyTax2026
Go to go.gov.sg/iras-pt2026 for more information.
#PropertyTax2026
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๐ญ Do you know that your business structure affects how you calculate your taxable turnover for GST registration? Watch this video to learn the key differences and avoid costly registration mistakes.
Follow us for GST insights that keep your business on track.
Coming up next week: Voluntary GST Registration
#GSTregistration #StayInformedonGST
Follow us for GST insights that keep your business on track.
Coming up next week: Voluntary GST Registration
#GSTregistration #StayInformedonGST
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โ ๏ธ Beware of tax filing scams this holiday season!
We have received reports of scam emails with the subject heading โSalutations: Your Eligibility Invitation has been Successfully Verified.โ The phishing email, purportedly from โIRASโ, states that the recipient is eligible for โpositive financial adjustmentโ and includes a weblink that likely leads to a phishing website.
What you should do:
- Do not click on or download any attachments/programs
- Access any notices or letters from IRAS only via myTax Portal
To learn more about how to protect yourself against scams, please visit go.gov.sg/iras-scam.
We have received reports of scam emails with the subject heading โSalutations: Your Eligibility Invitation has been Successfully Verified.โ The phishing email, purportedly from โIRASโ, states that the recipient is eligible for โpositive financial adjustmentโ and includes a weblink that likely leads to a phishing website.
What you should do:
- Do not click on or download any attachments/programs
- Access any notices or letters from IRAS only via myTax Portal
To learn more about how to protect yourself against scams, please visit go.gov.sg/iras-scam.
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๐ค Thinking of registering for GST before hitting S$1 million taxable turnover?
Yes, you can! GST registration would be voluntary in this case. However, make an informed decision as there are specific conditions you must meet for voluntary registration. Carefully weigh the costs and benefits before you commit.
๐ Get the full picture: go.gov.sg/irasgst-volreg-considerations
Thank you for joining us on this GST registration series.
Don't miss our next series - more GST insights coming soon ๐ก
#GSTregistration #StayInformedonGST
Yes, you can! GST registration would be voluntary in this case. However, make an informed decision as there are specific conditions you must meet for voluntary registration. Carefully weigh the costs and benefits before you commit.
๐ Get the full picture: go.gov.sg/irasgst-volreg-considerations
Thank you for joining us on this GST registration series.
Don't miss our next series - more GST insights coming soon ๐ก
#GSTregistration #StayInformedonGST
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๐ Unwrapping our 2025!
Highlights from a year of serving you better. Thank you for partnering with us in nation-building, hereโs to 2026! ๐
Highlights from a year of serving you better. Thank you for partnering with us in nation-building, hereโs to 2026! ๐
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The Government will provide a one-off Property Tax (PT) rebate of 15% for Owner-Occupied HDB flats, and 10%, capped at $500, for Owner-Occupied private residential properties in 2026. The rebate will automatically offset any PT payable and this will help Singaporeans mitigate cost-of-living concerns.
Go to go.gov.sg/iras-pt2026 for more information.
๏ปฟ#PropertyTax2026
Go to go.gov.sg/iras-pt2026 for more information.
๏ปฟ#PropertyTax2026
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๐ก Living in your own property? You may qualify for lower owner-occupier tax rates. Hereโs how to check.
Simply log into myTax Portal to check your 2026 Property Tax Bill to confirm whether the concessionary tax rates have been applied. If you are eligible but not assessed at the lower rates, you can apply for the owner-occupier tax rates via myTax Portal.
Remember to pay your 2026 Property Taxes by 31 Jan 2026. Find out more at go.gov.sg/iras-pt2026.
#PropertyTax2026
Simply log into myTax Portal to check your 2026 Property Tax Bill to confirm whether the concessionary tax rates have been applied. If you are eligible but not assessed at the lower rates, you can apply for the owner-occupier tax rates via myTax Portal.
Remember to pay your 2026 Property Taxes by 31 Jan 2026. Find out more at go.gov.sg/iras-pt2026.
#PropertyTax2026
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Homeowners are required to pay their property tax by 31 Jan. As such, we highly recommend making payment for your property tax bill the soonest to avoid incurring a 5% late penalty charge.
Check out go.gov.sg/iras-pt2026 for more details.
#PropertyTax2026
Check out go.gov.sg/iras-pt2026 for more details.
#PropertyTax2026
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โก Get instant approval with eGIRO for your property tax payment.
Setting up eGIRO is quick and easy. Watch to learn how you can streamline your property tax payments in just a few steps.
Remember to pay your 2026 Property Taxes by 31 Jan 2026. Find out more at go.gov.sg/iras-egiro.
#PropertyTax2026
Setting up eGIRO is quick and easy. Watch to learn how you can streamline your property tax payments in just a few steps.
Remember to pay your 2026 Property Taxes by 31 Jan 2026. Find out more at go.gov.sg/iras-egiro.
#PropertyTax2026
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A GST input tax claim allows GST registered businesses to recover the GST paid on business-related purchases and expenses. But when the invoice doesnโt meet requirements, rejection is the outcome. Our detective uncovers the 5 must-haves for bulletproof tax invoices:
1. The words โTax Invoiceโ
2. Supplierโs information
3. Customerโs details
4. Invoice particulars
5. Amount breakdown
Does your GST input tax claim survive? ๐
Learn more: go.gov.sg/irasgst-invoicing-video
1. The words โTax Invoiceโ
2. Supplierโs information
3. Customerโs details
4. Invoice particulars
5. Amount breakdown
Does your GST input tax claim survive? ๐
Learn more: go.gov.sg/irasgst-invoicing-video
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