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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.

How To Pay Tax Via POSB/DBS using iBanking

  • Login to POSB/DBS internet banking
  • Go to “Pay” -> Click “More Payment Services
  • Under “Manage Payments & GIRO” column -> Click “Add Billing Organisation
  • Input iBanking OTP when prompted
  • 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” -> 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

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

POSB OTP
Input OTP

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 tax with POSB/DBS. You may also want to see our article on the current fixed deposit interest rate.

How To Pay Tax Via POSB/DBS 1
Seng Lee is a full-time Stay-at-home Dad/Blogger since 2015. As a househusband, he is prudent with household expenses. He also writes on how to save money on daily use products and earning an income from these expenses. You can find him at Seng-Lee.com
Posted in DBS/POSB