How To Pay Tax Via POSB/DBS

Need to pay taxes to IRAS? It is easy if you have a POSB/DBS account.

Have these 2 pieces of information on hand before you proceed;

  • What is your IRAS tax reference number?
    • It is your NRIC or FIN number.
  • How to check your income tax?
    • You can login using Singpass at IRAS to check the amount due.

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How To Pay Tax Via POSB/DBS using iBanking

Add Billing Organisation

  • Login to POSB/DBS internet banking
  • Go to “Pay” -> Click “More Payment Services
  • Under “Manage Payments & GIRO” column -> Click “Add Billing Organisation
  • Add Billing Organisation page
    • Billing Organisation -> Select “IRAS-INCOME TAX (TAX REF NO.)
    • Bill Reference -> Enter Tax Reference Number (NRIC or FIN number)
    • From Account -> Select the payment account
    • Click “Next
  • Verify details are correct -> Click “Submit

Go To Pay Bills Page

  • Go to “Pay” -> Click “Pay Bills
  • Pay Bills page
    • Select Payment Option -> Select “Billing Organisation in my pre-arranged list
    • Select Pre-arranged Billing Organisation
      • Select “IRAS-INCOME TAX (TAX REF NO.)
      • Input Payment Amount
      • Input Payment Date
    • Click “Next
    • Verify payment details are correct – > Click “Submit

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Step-by-Step (Pictures)

POSB iBanking Login
Login to iBanking
Pay - More Payment Services
Pay -> More Payment Services
Manage Payments & GIRO - Add Billing Organisation
Manage Payments & GIRO -> Add Billing Organisation
Add Billing Organisation page
Select IRAS, Enter your NRIC or FIN, Select payment account
Verify Billing Organisation (IRAS) details
Verify your IRAS details are correct
Pay - Pay Bills
Pay -> Pay Bills
Pay Bills Page
Select IRAS-INCOME TAX, Enter Payment Amount
Verify payment to IRAS details
Verify payment to IRAS details

I hope this article helped you learn how to pay taxes with POSB/DBS. You may also want to see our article on the current fixed deposit interest rate.

Sources
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