Over 3,000 taxpayers made false claims for employment expenses; IRAS warns of misleading tax advice

{"heading_1":"IRAS Warns on False Claims","paragraph_1":"The Inland Revenue Authority of Singapore (IRAS) has issued a warning to taxpayers who have made false claims for employment expenses. IRAS identified over 3,000 taxpayers who have made such claims.","paragraph_2":"IRAS stated that misleading messages encouraging taxpayers to make false claims for employment expenses have been circulating. These messages were designed to mislead taxpayers into making incorrect or unsupported claims.","paragraph_3":"Employment expenses are those incurred in the course of carrying out one’s work. These expenses may be deducted from employment income, reducing the amount subject to tax. However, only qualifying expenses are tax-deductible.","paragraph_4":"IRAS advises taxpayers to ensure their claims are valid, accurate, and properly substantiated. Those whose claims require further review will be contacted to verify their accuracy and provide supporting documentation.","paragraph_5":"Taxpayers should keep relevant supporting documents, such as receipts and invoices, to substantiate their claims. Claims based on estimates are not acceptable.","paragraph_6":"Those who have made incorrect or unsupported claims should amend or withdraw their claims through the Amend Tax Bill digital service. If they are unable to do so, they can submit a request to withdraw the claims through an online form or contact IRAS through live chat.","paragraph_7":"IRAS emphasized that those found to have made false, incorrect, or unsupported claims could face additional tax and penalties of up to three times the tax undercharged. They could also be jailed for up to three years, fined up to $10,000, or both."}