IRAS

IRAS

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IRAS
IRAS
February 12, 2025 at 01:44 AM
Ahead of tax filing season, AIS employers are reminded to submit their employees’ 2024 employment income information to IRAS by 1 March 2025. The submission requirement applies to all employers that started having 5 or more employees in 2024 or are already on the AIS, even if they have less than 5 employees in 2024. Accurate and timely submissions are key to simplifying the tax filing experience for 2 million employees who will benefit from the convenience of pre-filled tax returns for YA 2025. https://www.straitstimes.com/business/companies-markets/11000-employers-on-iras-auto-inclusion-scheme-failed-to-file-on-time-in-2024 Read our full media release: https://www.iras.gov.sg/news-events/newsroom/over-2-million-employees-to-benefit-from-pre-filled-tax-returns--120-000-ais-employers-to-submit-employees--employment-income-data-by-1-mar-to-avoid-penalties
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