Personal income tax doesn't have to be complicated. At Margin Wheeler, our personal tax accountants handle your return from start to finish, from identifying every relief and deduction you're entitled to, preparing your computation, to filing with IRAS before the deadline.
Whether you're a Singapore resident, an employment pass holder, a director drawing fees, or a self-employed individual with multiple income sources, we make sure your tax affairs are accurate, optimised, and on time. Personal income tax filing from S$200. Dedicated relationship manager included. No chatbots.
Singapore's Best-Reviewed Personal Tax Accountant
Rated 4.9★ by 400+ Clients on Google
The best-reviewed corporate service provider in Singapore since 2020.
We Maximise Your Reliefs
Our accountants actively identify every deduction and relief you qualify for, including CPF relief, course fees, parent relief, SRS contributions, child relief, and more.
Your Own Dedicated Relationship Manager
No chatbots, no call centres. Every client gets a named relationship manager who knows your situation and is reachable when you need them.
ACRA-Registered & Fully Compliant
We are an ACRA-registered filing agent. Your tax return is prepared by qualified professionals and filed directly with IRAS accurately, on time, every time.
How We Handle Your Personal Tax Filing
Step 1: We assess your tax residency status
We determine whether you're a Singapore tax resident or non-resident, which affects the rates and reliefs available to you. This matters most for employment pass holders, foreigners, and those who split time between countries.
Step 2: We collect your income documents
We'll request everything needed: your salary details, bonus, director's fees, rental income, investment income, and any other sources. If your employer participates in the Auto-Inclusion Scheme (AIS), we'll verify what's already been submitted to IRAS.
Step 3: We identify your reliefs and deductions
This is where we add real value. We review your eligibility for all applicable reliefs, including CPF contributions, course fees, parent relief, SRS, child relief, spouse relief, NSman relief, and ensure they're correctly applied. We also assess allowable employment expenses and approved donations.
Step 4: We prepare your tax computation
We draft your personal tax computation, calculate your chargeable income, and prepare your income tax return (Form B1, B, or M as applicable).
Step 5: You review and approve
We send you the draft for review. Once you confirm, we proceed to file.
Step 6: We e-file with IRAS
We submit your completed tax return to IRAS via myTax Portal before the 18 April deadline (e-filing). You receive confirmation once filed.
Step 7: We handle any IRAS queries
If IRAS raises any questions on your submission, your relationship manager deals with them directly. You don't have to chase anyone.
What's Included in Our Personal Tax Service
Our services cover a comprehensive range of aspects related to personal tax filing, ensuring that you receive expert guidance and support throughout the process. We offer a range of services related to personal tax filing, which include:
Administrative
- Income tax return preparation and filing
- Identification of applicable deductions and reliefs
- Form IR8A/IR21 preparation for employees
Services
- Deadline extension assistance, if required
- Payment and refund process assistance
- Voluntary disclosure support for tax-related matters
- Guidance on Tax Reesidency and Personal Reliefs
- Guidance on taxation of equity gains
Advisory
- Tax planning and advisory services
- Insights into taxation of various types of businesses
- Explanation of YEar of Assessment and Basis Period
- Explanation of Double Taxation and Exemption
- Explanation of taxation of director's remuneration/fees
- Explanation of employer's and employee's obligations, including Forms IR8A, IR21, and B1
Others
- Employment income taxation
- Allowances and benefits-in-kind taxation
- NOR and Area Representative schemes
- Tax compliance and IRAS enforcement actions
- Penalties for negligence and evasion
Personal Tax Filing Deadline in Singapore
All Singapore taxpayers must file their personal income tax return annually with IRAS. Key dates to know:
- 15 April: Deadline for paper-based tax return filing (Form B1, B, or M)
- 18 April: Deadline for e-filing via myTax Portal
- 1 March: Employers must submit Form IR8A for all employees by this date
Current personal income tax rates for residents range from 0% to 24% (progressive, from YA 2024 onwards). Non-residents are taxed at a flat rate of 24%, with certain employment income concessions available.
Missing the filing deadline can result in IRAS penalties, estimated assessments, and in serious cases, prosecution. Don't leave it until April. Reach out to us now and we'll take it off your plate.
Filing Personal Tax in Singapore as a Foreigner or Expat?
If you're on an Employment Pass, S Pass, or Dependent Pass, your tax obligations in Singapore may differ from residents, and the rules around overseas income, double taxation relief, and tax residency status add another layer of complexity.
We regularly assist foreigners and expats with:
- Tax residency determination: whether you qualify as a Singapore tax resident (183+ days rule) and what that means for your effective rate
- Non-resident tax filing: flat 24% rate applies, with no personal reliefs, but certain employment income concessions may apply
- Overseas income: generally not taxable in Singapore, but there are exceptions for income received through Singapore partnerships or employment incidental to a Singapore role
- Double taxation relief: if you've paid tax on the same income in another country, you may be entitled to relief under Singapore's tax treaties
- Director's fees & equity income: commonly misunderstood; we ensure these are correctly reported
Not sure which rules apply to you? Your dedicated relationship manager will walk you through your situation clearly, without the jargon.
What Our Clients Think About Our Services?
Luke Chan
Content Creator, Lukeyychan
Would definitely entrust my business accountings and company in their hands. Very professional and knowledgeable. Patient as well for new companies that are not sure on what to do. Highly recommend! Thank you Kelvin and Beatrice!
Dario Knox
Founder, The Backdrop Pte Ltd
Everyone I have been dealing with at Margin Wheeler is simply amazing. Wei Lin is an absolute rockstar. She is polite, prompt with replies, very competent, patient and kind. She understood all of my questions, guided me through, answered my concerns, offered good solutions. All in all, I truly couldn’t have asked for a better company and a better service.
Jaslyin Qiyu
Managing Director, Mad About Marketing Consulting Pte Ltd
It's been a pleasure and a breeze working with Margin Wheeler since we started our business. They are professional, thorough yet understanding of how business operations are navigated. Highly recommend them as they are a true demonstration of the human value in such processes that cannot be completely replaced by AI.
Preparations by Employer
As an employer, you must prepare Form IR8A and Appendix 8A, Appendix 8B, or Form IR8S (where applicable) by 1st March each year for all your employees who are employed in Singapore.
For more information, or learn how to complete necessary forms for your employees, please see the e-Submission of Employment Income.
Please refer to the Quickline for a downloadable copy of the forms (Microsoft Word format).
For enquiries on the AIS for Employment Income, please contact IRAS at 1800 356 8015 or email [email protected].
Form and Appendix
- Form IR8A To be used to declare remuneration of ALL Employees
- Appendix 8A To be completed if the employee is provided with benefits-in-kind
- Appendix 8B To be completed if employee have received gains or profits from share options or other forms of Share Ownership Plans due to their employment. It should be completed and submitted to the Income Tax authorities for Singaporean or Singapore Resident employees who have left their employment or been posted overseas.
- Form IR8S To be completed if excess CPF contributions are made by the employer
*From Year of Assessment (YA) 2016, employers who have 11 or more employees for the entire year or who received the “Notice to File Employment Income of Employees Electronically” must submit their employees’ income information to IRAS electronically.
Preparations by Employee
In most cases, you need to file your Income Tax Return if, in the previous calendar year:
- Your total income exceeds $22,000.
- Your self-employment income shows a net profit exceeding $6,000.
- You are a non-resident earning income in Singapore.
You have two options for filing your tax return:
e-Filling
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- You can e-File via myTax Portal with your SingPass/IRAS PIN. An instant acknowledgment will be sent to you after you have e-Filed successfully.
- Guides/ FAQ on e-Filing
- Please e-File by 18 April using your SingPass/IRAS PIN login.
- IRAS recommends that you obtain a SingPass. A SingPass is a common password for transacting with all Government e-services. You may apply for a SingPass online. You should receive your SingPass within five working days. To find out more about SingPass, please visit SingPass FAQ.
- If you are not eligible for a SingPass, you may apply for an IRAS PIN online. IRAS will send you the IRAS PIN mailer within five working days.
- You will require Form IR8A if your employer is not participating in the Auto-Inclusion Scheme for Employment Income. Employees may check whether your company is in the Auto-Inclusion Scheme and whether your employer has submitted the necessary information at e-Services – Participating Organizations.
Paper-based tax return
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- If you need to file a tax return, the IRAS will send you the appropriate paper-based tax return in February or March. If you are certain you have to file but do not receive a notification by 15 March, please contact IRAS for assistance.
- Please remember to sign on Page 1 of the paper tax return and send it to IRAS by 15 April.
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Types of paper-based tax returns:
- Tax resident individuals should receive Form B1
- Self-employed individuals (maybe a sole-proprietor or a partner in a partnership) shjould receive Form B.
- Non-resident individuals should receive Form M
*From Year of Assessment (YA) 2016, employers who have 11 or more employees for the entire year or who received the “Notice to File Employment Income of Employees Electronically” must submit their employees’ income information to IRAS electronically.
Process of Filing Tax as a Partner
The process of filling tax as a partner in a partnership involves several steps:
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Partnerships must file an annual income tax return (Form P) to report income and expenses.
*For a copy of Form P, please call the Individual Income Tax Helpline at 1800-356 8300.
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IRAS processes Form P and sends profit/loss allocation to the precedent partner who informs other partners about their share. |
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Partners can object to profit/loss allocation by informing the precedent partner within 30 days. The precedent partner will then submit a written objection to IRAS, stating the grounds for the objection. |
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To register a new partnership, complete the Registration Form for New Partnership or call the IRAS Business Income Tax Help-Line at 1800-356 8300 for assistance. |
If your partnership consists of non-resident partners, see details on how Section 45 about withholding tax applies to partnerships.
Process of Filing Tax as a Partner
The process of filling tax as a partner in a partnership involves several steps:
Partnerships must file an annual income tax return (Form P) to report income and expenses.
*For a copy of Form P, please call the Individual Income Tax Helpline at 1800-356 8300.
See the Explanatory Notes on Form P for more details
IRAS processes Form P and sends profit/loss allocation to the precedent partner who informs other partners about their share.
Partners can object to profit/loss allocation by informing the precedent partner within 30 days. The precedent partner will then submit a written objection to IRAS, stating the grounds for the objection.
To register a new partnership, complete the Registration Form for New Partnership or call the IRAS Business Income Tax Help-Line at 1800-356 8300 for assistance.
If your partnership consists of non-resident partners, see details on how Section 45 about withholding tax applies to partnerships.
Confused? Too much to do? Get our Tax Submission Services now!
starts from S$200
Starts from S$200
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Frequently Asked Questions
You are required to file if your total annual income exceeds S$22,000, your self-employment income shows a net profit exceeding S$6,000, or you are a non-resident earning income in Singapore. If you're unsure whether you need to file, our team will assess your situation and advise at no obligation.
Singapore residents can claim a wide range of personal income tax reliefs, including CPF contributions (employee and self-employed), earned income relief, course fee relief, parent relief, child relief, NSman relief, spouse relief, and SRS contributions. From YA 2018, the total amount of personal income tax reliefs is capped at S$80,000 per Year of Assessment. Our accountants will identify every relief you qualify for and ensure they are correctly applied to minimise your tax bill.
It depends on your tax residency status. If you are in Singapore for 183 days or more in the calendar year, you are generally considered a tax resident and are taxed at progressive rates (0–24%), with access to personal reliefs. If you are here for fewer than 183 days, you are taxed as a non-resident at a flat 24% (with no personal reliefs, though an employment income concession may apply). Your situation may vary, especially if you travel frequently for work, so it is worth getting this assessed correctly from the outset.
If you miss the 18 April e-filing deadline, IRAS may issue an estimated Notice of Assessment based on your previous year's income, and you will be required to pay that amount within one month regardless of whether it is accurate. Penalties, summons, and in serious cases, prosecution can follow. If you have missed a deadline or need to file for a prior year, contact us as soon as possible. We will help you get back on track and handle any correspondence with IRAS.
Our personal income tax service starts from S$200. Partnership Form P filing also starts from S$200. The final fee depends on the complexity of your income sources and the number of schedules required. Pricing is always transparent upfront, with no hidden charges. Contact us for a quick, no-obligation quote based on your specific situation.
Not technically, but Singapore is widely regarded as one of the most tax-efficient jurisdictions in the world. There is no capital gains tax, no inheritance tax, and personal income tax rates are among the lowest globally, starting at 0% and capped at 24% for the highest earners. Foreign income is generally not taxable in Singapore unless it is remitted to Singapore and does not qualify for exemption. For individuals relocating to Singapore, the tax environment is genuinely attractive.