IRAS has declared that the AIS Offline Applications (including the Validation & Submission Java Application) would be retired by the end of the 2023 calendar year. Beginning with the assessment year 2023, businesses are required to utilise current payroll software that facilitates direct AIS filings to IRAS. You must begin evaluating payroll solutions that feature the new method of submitting tax forms to IRAS – API (CorpPass) Submission – beginning with IRAS YA 2023.
Reference link :Â https://www.iras.gov.sg/taxes/individual-income-tax/employers/auto-inclusion-scheme-(ais)-for-employment-income/submit-employment-income-records/#title2
We are pleased to announce that flexHR is on the list of AIS Payroll Software Vendors for YA 2023 which is published at the (Inland Revenue Authority Singapore (IRAS)) website. The Software is able to support IRAS AIS submission via API in the required format for YA 2023.
Currently, flexHR has gone live for a key customer with 2,000 employee headcounts while another customer with 3,000 employee headcount is on track to go live in January 2023.
How can flexHR help in the tax submission process?
The government of Singapore is continuously streamlining the tax system to make it simpler and more efficient for businesses and employees. The AIS aims to eliminate excessive manual labour and help employers save valuable time by facilitating hassle-free electronic submissions.
Using flexHR payroll solutions, Employers can submit yearly employment income information electronically to expedite tax filing with only a few clicks. The given information will be instantly incorporated into the employees' tax assessment.
Discover how flexHR can improve your company's efficiency and reduce costs.
Email:Â enquiry@reninnovation.com
Website:Â https://www.reninnovation.com/contact-us/
 
REN INNOVATION PTE. LTD. / VISUAL SOLUTIONS (M) SDN. BHD.
Ren Ecosystem