Monday, March 01, 2021

Singapore - Receive Direct Tax Bills this Tax Season 2021

To enhance the tax filing experience, the Inland Revenue Authority of Singapore (IRAS) will be sending tax bills directly to selected taxpayers in place of filing notices this season. 

IRAS will also be rolling out new initiatives to simplify tax filing for the self-employed. 

Selected commission agents and private hire car/taxi drivers will get to enjoy No-Filing Service (NFS) for the first time, and more sole-proprietorships will experience easier filing with the increase in revenue threshold for 2-line statement from $100,000 to $200,000. 

Taxpayers can also expect a new look for their tax notices this year, with improved design for an easy read.

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