Income tax filing season starts in March, and with the SingPass two-factor authentication (2FA) required for filing of taxes and viewing tax bills online from this year, the Inland Revenue Authority of Singapore (IRAS) has issued an advisory on Wednesday (Feb 8) to remind tax payers to register or activate their 2FA by the end of February.
As it takes seven to 10 working days for the 2FA process to kick in, tax payers without a valid 2FA would have to factor in the extra time needed before they can start filing their taxes online, the IRAS said.
All tax payers have to file their income tax by April 18.
Users can register for their 2FA, needed to access more than 100 Government e-services, on the SingPass website. They can choose to receive the one-time passwords — which is the extra verification step needed — by SMS or both an SMS and a security token.
As part of IRAS’ service enhancements this year, tax payers will also be able to file their returns on-the-go via their smartphones.
A pilot group of 50,000 e-filers with an assessable income of S$40,000 or less will be able to receive their finalised tax bill immediately on filing their tax returns online, giving them greater certainty of the tax they have to pay.
This service will be scaled up progressively, the IRAS said.
For more information on income tax filing matters, visit www.iras.gov.sg/irashome/TaxSeason2017/.