Q:
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What is IR8A?
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A:
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All Singapore employees are compulsory to complete form IR8A. This is applicable to all full-time / part-time resident employees, non-resident employees, company directors, non-resident company directors, all board members receiving board member / Committee member fees, pensioners and employees who have left an organization but had received income in the year.
For employees’ overseas posting not incidental to Singapore employment, please note that it is not compulsory for employers to state the amount of overseas employment income in the Form IR8A. Employers participating in AIS are only required to select Income from Overseas Employment under Exempt/Remission income indicator.
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Q:
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What are Appendix 8A, Appendix 8B & IR8S?
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Appendix 8A form must be completed for employees who were provided with benefits in kind.
Appendix 8B must be completed for employees who derived gains or profits from Employee Stock Option (ESOP) Plans or other forms of Employee Share Ownership (ESOW) Plans.
IR8S must be completed if you have made excess CPF contributions on your employees’ wages and/or have claimed or will claim refund on excess CPF contributions.
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Q:
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What is Auto Inclusion Scheme (AIS)?
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A:
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Employers specified under paragraph 3 of the gazette must submit their employees’ income information to IRAS electronically by 1 Mar every year.
The information submitted by employers will be shown on the employees’ electronic tax return and will be automatically included in their income tax assessments. AIS employers do not need to issue hardcopy Form IR8A and the appendices to their employees.
Employers who are not under the AIS for Employment income have to provide the hardcopy Form IR8A and appendices (where applicable) to their employees by 1 Mar each year to file their income tax returns. Employers need not submit the forms to IRAS.
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