Contents of Guide
Preferred Mode of Payment
Most Business taxpayers choose to pay their taxes by GIRO.
GIRO allows companies to pay taxes by instalments. Singapore-registered companies can enjoy up to 10 interest-free monthly instalments when they file their Estimated Chargeable Income electronically within three months from their financial year end.
You may sign up for GIRO by completing an application form (links to IRAS website).
Electronic Payment Modes
- Internet Banking Bill Payment – made available by the following banks: DBS/POSB, HSBC, OCBC, Standard Chartered Bank or UOB.
- DBS PayLah! Mobile App
- Phone Banking – for UOB account holders who have subscribed to this service.
- NETS – Only available over the counter at Singapore Post branches
- Internet Banking Fund Transfer
- AXS Station
- AXS Online Platform
Telegraphic Transfer is only for payments from overseas and when the payment modes listed above are not applicable.