The Inland Revenue Authority of Singapore (IRAS) has announced that more than 19 million individual taxpayers will be eligible for the NoFiling Service (NFS) during the 2025 tax season.
This initiative, which simplifies the tax filing process, will also see nearly 500,000 individuals benefiting from the Direct Notice of Assessment (DNOA) for the Year of Assessment (YA) 2025. For the first time, self-employed persons will be included in the DNOA, thanks to income data provided by intermediaries such as commission-paying organisations and private hire car operators.
Taxpayers using the NFS are advised to verify the prefilled information in their returns, particularly the reliefs based on the previous year’s tax bill, due to changes in criteria for dependant-related tax reliefs effective from YA 2025. Despite not needing to file an Income Tax Return, this verification step remains crucial.
IRAS has also reminded all individual taxpayers and partnerships to submit their income tax returns by 18 April 2025. Additionally, all tax resident individuals will receive an automatic Individual Income Tax rebate of 60% of tax payable, capped at $200 per taxpayer, for YA 2025.
This expansion of services aims to streamline the tax process and reduce the administrative burden on taxpayers. As the tax season approaches, these changes are expected to enhance efficiency and accuracy in tax assessments.
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