If he files an IR-21 late he could be fined up to $1000 per instance. Not sure on the penalties for not filing if under the AIS scheme, or submitting the IR8A's manually if less than 12 employees.martincymru wrote:My employer has today refused to inform IRAS today of my income for year 2014. They are on the scheme.
They are on WHAT scheme? If you mean the Auto -Inclusion scheme they have no choice if they have 12 or more employees. Also, they have to submit before March 1st for all employees, by law. They cannot submit partial submissions. IF they have submitted (they don't have to give you an IR8Ae anymore but most employers still give them out - I do). You can use your SingPass to log into the IRAS site and check your IDRS - see the hyperlink below for details.
I quote:Can I exclude the payroll of expatriates from the submission if the expatriates’ employment details are still not available by 1 Mar?
No, you are required to submit the employment income information of all employees including expatriates and directors who receive director's fees.
However, if you are unable to submit the expatriate's information by 1 Mar, please email to [email protected] stating:
the name and ID of the organisation;
the ID(s) of the affected employee(s);
the number of employees affected;
the expected date of submission; and
reason(s) for extension.
"You are not required to file your current year Income Tax Return. Your Notice of Assessment for Year of Assessment 2015 will be sent to you based on the income information transmitted to IRAS by your employer".
"Generally, most taxpayers should receive their Notice of Assessment by September".
If you received that letter/sms/email from IRAS then they already have all of your income from your employer (see the AIS scheme above) and that is the reason you have been sent that notice. However, IF your income or deductions have changed from the previous years, e.g., self employment income or a change of deductions. Then you can manually file a tax return but you should put '0' for income or only the additional income not reported (new employer,etc, not on the AIS scheme).
My employer wishes to leave it till the last minute. What can I do to force them since I wish to pay now (early)?
It's not your employer. The fact that you got that non-filing notice means IRAS already has your income for 2014. Are you still working for your employer? If so, if you leave, they must file an IR-21 Tax Clearance 30 days prior to your last day of work. The IRAS will compute your current year taxes and send the bill to your employer to pay. They will also send a copy for you as well. The employer is required by law to withhold ALL monies due you from the moment they give or you give your termination/resignation. So be careful not to give notice a day or two prior to getting your paycheck as you will end up with two months salary withheld until the taxes are computed and paid. Then the employer has to deduct those taxes from the monies being held and paying you the rest.
My suggestion, if you want to pay early, is to make a trip down to IRAS at Newton Road and try talking to them. They are easy to talk to and will probably get you sorted out pdq.
What implications for me if (a) he informs late (b) not at all ?
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