The Inland Revenue Authority of Singapore (IRAS) has reported that by April 18, the individual tax filing rate in Singapore had reached a record high of 95% in this year compared to 94% last year. IRAS also added that more taxpayers will benefit from the Auto-Inclusion Scheme (AIS). Currently IRAS expects the number benefiting from that scheme to go up to 1.4 million by 2015. The Auto Inclusion Scheme relieves employers of the need to supply hard copies of certain forms to their employees by entering the details on-line and also permits employees to see details of their remuneration and deductions on-line.
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