Home
/
Blog
/
Easier tax filing for 2023 earnings - Opt in now, if you have not
Easier tax filing for 2023 earnings - Opt in now, if you have not
19 Apr 2024

Opt in now for easier tax filing

Gojek and IRAS are working together again to make tax filing easier for you by pre-filling your driving income into your Income Tax Return. All you have to do is to provide your consent by opting-in to the Pre-filling of Income Initiative by 26 January 2024. ⚠️ IMPORTANT: Driver-partners are responsible for their own tax affairs and must ensure that the information in their Income Tax Return are accurate and complete. Where necessary, driver-partners may amend the pre-filled information.


Check out IRAS’ video on this initiative here!


image host


Why join the Pre-filling of Income Scheme?

  • Enjoy the convenience of having your income (earned from driving with Gojek) pre-filled in your Income Tax returns.
  • Claim tax deductions automatically based on 60% Fixed Expense Deduction Ratio (FEDR) of your annual gross driving income.
  • ⚠️NEW! From YA 2025 onwards (relating to earnings derived between 1 Jan 2024 - 31 Dec 2024), Gojek will be required to maintain and provide identity and income information of all drivers based on the new Section 68A of the Income Tax Act. The data transmission requirement is mandatory, and opting in is no longer required from YA 2025 onwards as all drivers will be automatically included in this Pre-filling of Income initiative.
  • Hence, drivers who have not opted in previously are strongly encouraged to do so now to start enjoying the benefits of pre-filling from YA 2024.


More information below.

IRAS’ Pre-filling of Income Scheme

What is pre-filling and how does it work? 

Pre-filling of Income is an initiative by IRAS to simplify the tax filing experience for self-employed persons such as private hire car drivers. Under the initiative, Gojek will transmit the income (earned from driving with Gojek) of driver-partners, who have opted in, to IRAS. These driver-partners can thus enjoy the convenience of having their driving income pre-filled by IRAS in their Income Tax Returns.


⚠️ Driver-partners are responsible for their own tax affairs and must ensure that the information in their Income Tax Returns are accurate and complete. Where necessary, driver-partners may amend the pre-filled information.


If I opt-in, what information will Gojek provide to IRAS?

We will share the following details:

  • Name
  • NRIC number
  • Total income (including gross trip fares, incentives and miscellaneous payments)

60% FEDR of your annual gross driving income will be automatically calculated as deemed expenses and allowed for tax deduction by IRAS.  


Example of 60% FEDR

S$

Gross Trip Fares

80,000

Add: Incentives / Misc Payments

20,000

Total Driving Income

100,000

Less: 60% FEDR
(i.e. 60% x 100,000)

(60,000)

Net Driving Income

40,000


If your allowable business expenses are more than 60% of your pre-filled income, you may choose to claim the actual amount of allowable business expenses when filing your Income Tax Return.


If you have additional income to declare, please also include them in your Income Tax Return.


If I choose not to opt-in, will I still need to declare my earnings to IRAS?

Yes, you are required to declare your income in your Income Tax Return. To enjoy simplified tax filing, you are encouraged to opt-in for the Pre-filling of Income initiative so that your driving income information can be pre-filled in your Income Tax Return.


If I choose not to opt-in, will I still be entitled to claim 60% FEDR of my total driving income as deemed expenses?

Yes, you will still be entitled to claim deduction based on 60% FEDR of your gross annual driving income. The 60% FEDR will be automatically calculated when you select “TaxiPrivate Hire Car Drivers” as your “Nature of Business” (see image below). 



Opting-In

How can I opt-in?

All you need to do is to complete this form by 26 January 2024.


⚠️With effect from the Year of Assessment (YA) 2023, IRAS has replaced the annual opt-in exercise with a one-time opt-in approach.

The one-time opt-in approach removes the hassle of annual opt-in, providing you with greater convenience when participating in the scheme.


⚠️NEW! From YA 2025 onwards (relating to earnings derived between 1 Jan 2024 - 31 Dec 2024), Gojek will be required to maintain and provide identity and income information of all drivers based on the new Section 68A of the Income Tax Act.


I opted-in last year, do I need to opt-in again this year?

No, you will not need to opt-in again for the current year under the one-time opt-in approach with effect from YA 2023.

If I opt out this year, do I remain opted out next year?

No, all drivers will be automatically included in this Pre-filling of Income initiative from YA 2025 onwards (relating to earnings derived between 1 Jan 2024 - 31 Dec 2024) as Gojek will be required to maintain and provide identity and income information of all drivers under the new Section 68A of the Income Tax Act. The data transmission requirement is mandatory.


Year of Assessment (YA)

Period of earnings relevant to the YA

Actions required

2024 (Current)

1 January 2023 - 31 December 2023

1. No action is required if you have opted-in for YA 2023 and wish to continue to be part of this initiative.

2. For drivers who have not opted in, submit an opt-in form if you wish to be part of this initiative.


3. For rivers who have opted-in for YA 2023 and wish to be excluded from this initiative in YA 2024, submit an opt-out form. However, please note that you will be automatically included back to the Pre-filling of Income initiative from YA 2025 onwards.

2025

1 January 2024 - 31 December 2024

No action is required from YA 2025 onwards as Gojek will be required to submit the identity and income information of all drivers to IRAS.

⚠️NEW! From YA 2025 onwards (relating to earnings derived between 1 Jan 2024 - 31 Dec 2024), Gojek will be required to maintain and provide identity and income information of all drivers based on the new Section 68A of the Income Tax Act.

Next Steps

What happens after I opt-in?

Login to IRAS’ myTax Portal from 1 March to 18 April 2024 to:

  • Check the data which Gojek has submitted to IRAS;
  • Include any additional information (e.g. other sources of income) and/or make other necessary changes, where required; and
  • Click on “submit” to submit your Income Tax Return to IRAS

If you receive a letter or SMS informing you that you have been selected for the No Filing Service (NFS), you are not required to file an Income Tax Return. You will be able to verify your details by logging in to myTax Portal from 1 Mar 2024 and will have the option to make relevant changes via e-filing. For more information on NFS, please refer to the IRAS webpage.


For more details on the Pre-filling of Income initiative, visit the IRAS website or write to IRAS through its secured email channel myTax Mail. Log in to myTax Portal using your Singpass at mytax.iras.gov.sg and click on <myTax Mail> followed by <Compose Mail> to compose your enquiry.


Driver-partners who have earned at least $1 from the Gojek platform will receive an Annual Earnings Statement from Gojek by March 2024.

Articles by Category