If you are involved in filing Forms IR8A/IR21 for your company, come join KPMG in a full-day workshop assisting companies in how best to prepare these forms.
Forms IR8A (Return of Employee's Remuneration) and IR21 (Notification of a Non-Citizen Employee’s Cessation of Employment or Departure from Singapore) are important statutory tax returns.
Employers are expected to accurately prepare these for their employees, or risk getting penalised for incorrect returns. Complex tax rules and yearly changes can complicate this task.
For the Year of Assessment 2012, Form IR8A for calendar year 2011 has to be provided to the employee by 1 March 2012.
Employers with 20 or more employees are required to file the Forms IR8A of their employees to IRAS electronically under the compulsory Auto-Inclusion of Employment Income Scheme (AIS). Forms IR21 must be filled with the IRAS at least one month prior to the date of employment cessation of foreign employees.