Structure of 2010 Property Tax Rebate Property Tax Payable in New 2010 Property Tax Final Property Tax Payable 2010 after deducting Rebate for Owner-Occupied in 2010 the 1994 GST Rebate HDB Flats $50 or less Actual tax payable $0 Above $50 to $100 $50 $0 - $50 Above $100 to $240 50% of PT $50 - $120 Above $240 $120 More than $120 Property Tax Changes for HDB Flat Owners With the new property tax rebate for HDB owner-occupiers and the ongoing 1994 GST Rebate, all 1- and 2-room HDB owner-occupierswill continue to pay zero property tax in 2010. For average 3-room HDB owner-occupiers, the increase in property tax in 2010 after deducting the special rebates will be $72 for the year as a whole. For 4- room HDB owner-occupiers, the average tax increase will be $97 for the year as a whole. For 5-room HDB owner-occupiers, the average tax increase will be $107 for the year as a whole, and for Executive HDB owner-occupiers, $103. Combined Valuation Notice and Property Tax Bill Owners of all HDB flats will receive their valuation notices and property tax bills by 1 January 2010. Owners will also receive an explanatory guide on “Property Tax on HDB Flats for 2010” - the guide explains how the property tax payable is calculated and how payment can be made. Property Tax for 2010 is payable by 31 January 2010 IRAS encourages HDB flat owners to join the GIRO payment scheme to enjoy up to 12 interest-free monthly instalments. The GIRO application forms can be downloaded from www.iras.gov.sg and the average processing time is two weeks. Customers of DBS/POSB and OCBC can also apply for GIRO online via Internet Banking. Alternatively, taxpayers are encouraged to pay via eNETS, Internet Banking, AXS, ATM, S.A.MTM, Singapore Post, vPOST or Phone- Banking. Cheques/Cashier’s Order may be addressed to The Comptroller of Property Tax (55 Newton Road, Singapore 307987). Information on payment modes and details of property tax and AV revision are available at www.iras.gov.sg. Taxpayers with enquiries may email IRAS at firstname.lastname@example.org or call 1800-356 8300.
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