Getting a tax refund in Singapore is a straightforward process that can be completed in just a few steps.
Step 1: File Your Income Tax Return
- You can file your income tax return online through IRAS’s e-Filing portal or by mail using Form B1.
- The filing deadline is April 15th for those filing online and June 15th for those filing by mail.
Step 2: Calculate Your Refund
- Use IRAS’s e-Calculator to estimate your tax refund.
- You can also use the tax tables provided by IRAS to calculate your refund manually.
Step 3: Request a Refund
- If you are filing online, you can request a refund through the e-Filing portal.
- If you are filing by mail, you can include a cheque or bank draft with your tax return and request a refund.
Step 4: Receive Your Refund
- Refunds are typically processed within 2-3 weeks after your return has been filed.
- You can check the status of your refund through IRAS’s e-Filing portal or by calling IRAS at 1800-375-1221.
What if I am due a refund but did not file a tax return?
- If you are due a refund but did not file a tax return, you can still file a return and claim your refund.
- However, you will only be able to claim a refund for the past 4 years.
What if I made a mistake on my tax return?
- If you made a mistake on your tax return, you can file an amended return to correct the error.
- You can file an amended return online through IRAS’s e-Filing portal or by mail using Form B1A.
Can I get a tax refund if I am not a citizen or permanent resident of Singapore?
- Yes, you can get a tax refund if you are not a citizen or permanent resident of Singapore.
- However, you will only be able to claim a refund for income that was earned in Singapore.
How much of a tax refund can I expect?
- The amount of your tax refund will depend on a number of factors, including your income, filing status, and deductions.
- However, the average tax refund in Singapore is around $1,000.
Here are some additional tips for getting a tax refund quickly and easily:
- File your tax return early. The earlier you file your return, the sooner you will receive your refund.
- Use IRAS’s e-Filing portal. e-Filing is the fastest and easiest way to file your tax return.
- Be accurate when filing your return. Mistakes on your return can delay your refund.
- Keep a copy of your tax return. You may need to refer to your return in the future if you have any questions about your refund.
By following these tips, you can get your tax refund quickly and easily.
