These tax types currently make up over 80% of IRAS’s total tax collections with a taxpayer base of over three million individuals and businesses.
DBS Bank announced on August 4 that it has been collaborating with government agencies such as the Inland Revenue Authority of Singapore (IRAS) to enable digital and contact-free payment methods for its users.
IRAS now offers PayNow QR as a payment option on its myTax portal for all major tax types, including Individual Income Tax, Corporate Income Tax, Property Tax, and Goods and Services Tax.
