E-Filing of Section 45 Withholding Tax Forms - IRAS · Logon to MyTax Portal Select Withholding Tax 1 2 Complete Withholding Tax Form Submit for Approval (if you are the Preparer)

E-Filing of Withholding Tax Forms

Agenda

• Find out the Benefits of e-filing

• Learn to e-file

• Discover Other useful e-Services to manage your submission:

a. View Submitted Forms

b. View GIRO deduction details

c. View Certificate of Residence (COR) Filing Status

• Frequently Asked Questions

• Q&A

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Benefits of e-filing

3

Benefits of e-filing

- You can file your tax online anytime

- Your filing is secured and will be received

- You will be informed of errors in your filing

- You will know the exact tax and penalty (if any) to pay

- You can cut down on your paperwork

- You have better internal control as submission is done by authorised personnel only

How to e-file

S45 Withholding Tax e-Filing

Logon to MyTax

Portal

Select Withholding Tax

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Complete Withholding Tax Form

Submit for Approval(if you are the Preparer)

Approver to logon to MyTaxPortal for approving

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5 4

Save a PDF copy of Consolidated Statement

Submit to IRAS

Save a PDF copy of Acknowledgement page

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7 8

Complete your

e-Filing in

8 Easy Steps

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Pre-requisites for Using S45 Withholding Tax e-Services

E-Services Authorization System (EASY)

• EASY is an online system that allows organizations to authorize their employees or a third party

to access e-Services on their behalf.

https://mytax.iras.gov.sg/easy

Logging in and Accessing S45 e-Services via myTax

Portal


Portal

These options will only be shown for

an Approver.


Portal

Filing New Withholding Tax Form

Filing New Withholding Tax Form

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Filing New Withholding Tax Form – Main Form

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Filing New Withholding Tax Form – Main Form

Filing New Withholding Tax Form – Consolidated

Statement (Preparer Role)

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Filing New Withholding Tax Form – Consolidated

Statement (Preparer Role)

Filing New Withholding Tax Form –Acknowledgement Page (Preparer Role)

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Approving Withholding Tax Form (Approver Role)

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Approving Withholding Tax Form – Consolidated Statement (Approver Role)

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Approving Withholding Tax Form – Consolidated Statement (Approver Role)

Approving Withholding Tax Form –Acknowledgement Page (Approver Role)

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Approving Withholding Tax Form –Acknowledgement Page (Approver Role)

Note:

• Penalties will be imposed and deducted via

GIRO with tax amount payable if filing is

submitted after the due date, highlighted in

black box.

•Please ensure there are sufficient funds in

your bank account by the GIRO deduction date,

highlighted in black box.

•No online amendments are allowed once the

form has been submitted. You will have to

write in via myTax mail with supporting

document(s) (except for declaration of

additional tax which can be e-filed).

• All amendments will only be done after the

GIRO deduction.

• Refunds, if any, will be made through your

GIRO account.

Approving multiple submission (Approver Role)

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Approving multiple submission – Main Form (Approver Role)

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Approving multiple submission – Main Form (Approver Role)

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Approving multiple submission – Consolidated Statement (Approver Role)

Approving multiple submission – Consolidated Statement (Approver Role)

Submitting multiple submission (Approver Role)

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Submitting multiple submission –Acknowledgement Page (Approver Role)

Note:

•Date and Time of

Acknowledgement is as

based on IRAS’s server

timing.

•Penalties will be imposed

and deducted via GIRO with

tax amount payable if filing

is submitted after the due

date, highlighted in black

box.

•Please ensure there are

sufficient funds in your bank

account by the GIRO

deduction date, highlighted

in black box.

: XXX

: 2012XXXXXA

Submitting multiple submission –Acknowledgement Page (Approver Role)

Note:

•No online amendments are

allowed once the form has

been submitted. You will

have to write in via myTax

mail with supporting

document(s) (except for

declaration of additional tax

which can be e-filed).

• All amendments will only

be done after the GIRO

deduction.

• Refunds, if any, will be

made through your GIRO

account.

Retrieving of Draft Return for Editing before

submission for approval or submission to IRAS

Retrieving of Draft Return for Editing before

submission for approval or submission to IRAS

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Note:

•Draft copy of the Section 45

Form will be saved in the

system for 60 days. After

which, it will be deleted.

• Saving the record(s) as a

draft is not considered as a

submission of the Form.

• Please remember to

submit the Form before the

filing deadline.

•Counter will reset to

another 60 days if you click

on <Save Draft> after

retrieval of the draft

record(s)

View Submitted Forms

Applicable: When you e-file and wish

to check the submission

status of the records

Viewing Submitted Forms

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Submission Status Definition

Status Definition

Submitted File has been received by IRAS

In Progress File is being processed

Processed File has been processed. If your Withholding Tax is not under GIRO,

please make payment by the due date.

If your Withholding Tax is under GIRO, you may view the plan in ‘View

GIRO Deduction Details’ screen.

Error File contains Invalid data

View Withholding Tax GIRO Deduction

DetailsApplicable: When you wish to obtain more information on the

details of GIRO deduction and its status

Viewing S45 Withholding Tax GIRO Deduction

Details


Details

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Details

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View Active Deduction Plan – Transaction(s) Information

View Active Deduction Plan – Payee’s Information

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Note:

• The

maximum no.

of Payee’s

Information

that can be

retrieved is

250.


Details


DetailsGIRO Deduction Date

1. The GIRO deduction date is on the 25th of the month of the tax is due. But if it is a weekend

or public holiday, it will be deducted on the next working day.

2. For Payers who have filed after the due date (16th of the month to 15 of the following

month), deduction will be on the next deduction date .

See examples below.

S/N Date of

Payment to

Payee

Due Date Filing /

Submission

Date

Tax

Deducted

Penalties

Imposed

Date of

Deduction

1. 14 Jan 2017 15 Mar 2017 14 Mar 2017 $1,000 $0.00 25 Mar 2017

2. 31 May 2017 15 Jul 2017 16 Jul 2017 $1,000 $50.00 (5% x Tax Deducted)

25 Aug 2017

3. 05 Sep 2017 15 Nov 2017 05 Sep 2017 $1,000 $0.00 25 Nov 2017


Details

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View History Deduction Plan


DetailsView History Deduction Plan

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View Submission Status of Certificate

of Residence by Non-Resident Payees

Applicable: When you claim for Double

Taxation Relief (DTR) in your

withholding tax submission

Viewing Submission Status of Certificate of

Residence


Residence

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Residence

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Residence

Note:

• Only current + 2 back

years of COR records

are shown

•The maximum no. of

COR that can be

retrieved at View

Submission Status page

is 250 records.

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Residence

S/N COR Submission

Status

Definition

1 COR RECEIVED COR has been received by IRAS

2 NOT REQD COR submission is not required

3 PENDING COR not received by IRAS yet

4 UNDER REVIEW COR is currently under officers’ review and

update

5 DISALLOWED COR not submitted by due date, DTR claim

revoked

Definitions of Submission Status

Frequently Asked Questions

List of Nature of Payment

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Which form to file?

File Form IR37 with the following payments

Nature of Payment Domestic Tax Rate

Interest 15%

Royalty 10%

Rental of movable property 15%

� The reduced rates (10%/15%) apply to payments made to non-residents which:

� are not derived by the non-residents from any trade, business, profession or

vocation carried on in Singapore; and

� are not effectively connected with any permanent establishment of the non-

residents in Singapore.

� Otherwise, prevailing corporate tax rate will apply for non-resident companies.

Which form to file?

File Form IR37 with the following payments

Nature of Payment Domestic Tax Rate

Management Fee Prevailing Corporate tax rate

Director’s Fee Prevailing non-resident tax rate

Directors Remuneration Prevailing non-resident tax rate

Technical Assistance Fee Prevailing Corporate tax rate

Charter Fee 2%

Real Estate Investment Trust (REIT)17%

(10% during 18 Feb 2005 to 31 Mar 2015)

Payment for junket promoter 3%

Fee paid under Supplementary

Retirement Scheme (SRS)Prevailing non-resident tax rate

Form IR37C for payment to non-resident

professional (NRP)

- Withhold tax at 15% of the gross income

- Withhold tax on net income at prevailing non-

resident rate, currently at 22%

Which form to file?

Form IR37D for payment to non-resident public

entertainer

- Withhold tax at 10% for income due and payable to

the non-resident public entertainer during the

period 22 Feb 2010 to 31 Mar 2020

Which form to file?

How to compute Withholding tax if it is borne by

payer?Example – Payment for services rendered in year 2017

Amount billed by payee - $10,000

Amount paid to payee - $10,000

Taxable Income - $10,000

Re-gross taxable income - $12,048.19

(Gross Income/ [100%-applicable tax rate]) = $10,000/83%

Tax Rate – 17%

Tax Amount - $2,048.19

($12,048.19 * 17%)

When to file & pay?

File and pay to IRAS by 15th of the 2nd month from

the date of payment to the non-resident

When you are on GIRO and you e-file your

submission by the due date, payment will be

deducted by GIRO on the 25th of the month that

the tax is due.

What if my payment to payee is in foreign

currency?

Withholding tax declaration needs to be in

Singapore dollar equivalent (S$)

If payment to payee is not made in S$, use the

exchange rate prevailing as at the date of

payment to payee

What is considered the date of payment to payee?

It is the earliest of :

� Date the payment is due and payable, based

on the agreement or contract. Date of

invoice, if there is no agreement or contract

� Date the payment is credited to the account

of the non-resident or to an account

designated by the non-resident

� Date of actual payment

Quiz: When must you file & pay?

April May June

Date of Payment:

04 April 2017

File and pay to

IRAS by 15 June

2017

Questions & Answer

Thank You

The information presented in the slides aims to provide a better general

understanding of taxpayers’ tax obligations and is not intended to comprehensively

address all possible tax issues that may arise. This information is correct as at

16032017. While every effort has been made to ensure that this information is

consistent with existing law and practice, should there be any changes, IRAS

reserves the right to vary its position accordingly.

© 2016 Inland Revenue Authority of Singapore. All rights reserved.

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Documents

E-Filing of Section 45 Withholding Tax Forms - IRAS · Logon to MyTax Portal Select Withholding Tax 1 2 Complete Withholding Tax Form Submit for Approval (if you are the Preparer)