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Singapore Explains Various Tax Matters for Individuals for Year of Assessment 2025

|Approved Changes|Singapore
Singapore

The Inland Revenue Authority of Singapore has issued a media release on various tax matters for individuals for the year of assessment 2025 (tax year 2024), including the No-Filing Service (NFS) and Direct Notice of Assessment (D-NOA), the automatic tax rebate of 60% of tax payable, capped at SGD 200 per taxpayer, changes to dependant-related tax reliefs, and the standardization of the Paper Filing Due Date to 18 April.

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Over 1.9 Million Taxpayers to Enjoy No-Filing Service (NFS) for T…

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