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How to file your personal income tax in 2022

If you’re working in Singapore, chances are, you probably need to pay tax. Here in Singapore, we follow a progressive personal income tax rate that starts at 0 per cent and maxes out at 22 per cent for employment and self-employment incomes above $320,000. Thankfully, there is no capital gain or inheritance tax. Think that this is all too cheem...

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7 in 10 taxpayers not required to file income tax returns in 2022, more to receive direct bills: Iras

Singapore News - Around seven in 10 income taxpayers - more than 1.6 million individuals in Singapore - will not be required to file a tax return this year, as more initiatives are rolled out to simplify tax filing. These taxpayers who are eligible for the No-Filing Service (NFS) are... Read more at www.tnp.sg

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Seven in 10 Singapore taxpayers not required to file income tax returns in 2022, more to receive direct bills

SINGAPORE (The Straits Times/Asia News Network): Around seven in 10 income taxpayers - more than 1.6 million individuals in Singapore - will not be required to file a tax return this year, as more initiatives are rolled out to simplify tax filing.

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Singapore Explains Tax Filing Changes This Year

Singapore Explains Changes To 2021 Tax Filing Rules
Singapore Explains Changes To 2021 Tax Filing Rules
by Mary Swire, Tax-News.com, Hong Kong
03 March 2021
The Inland Revenue Authority of Singapore (IRAS) has said that it will be sending tax bills directly to certain taxpayers this tax filing season and will be simplifying filing arrangements for the self-employed.
IRAS is introducing a Direct Notice of Assessment (D-NOA) initiative for taxpayers on the No-Filing Service (NFS), which will mean that they receive their tax bills directly from May 2021. IRAS said that this is possible as more information is automatically included and tax reliefs can be pre-filled for taxpayers. Taxpayers can still object to the assessment if they wish to make changes to their reported income and relief claims.

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Singapore Explains Changes To 2021 Tax Filing Rules

Singapore Explains Changes To 2021 Tax Filing Rules
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Iras to send tax bills directly to some taxpayers instead of filing notices

The vast majority of taxpayers who are already on No-Filing Service (NFS) do not make any adjustments.. Read more at straitstimes.com.

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