2024 09 04 – IRAS ANNUAL REPORT FY2023/24

Executive Summary:

The IRAS Annual Report FY2023/24 highlights Singapore’s continued focus on optimizing tax administration and enhancing taxpayer services. It showcases efforts to integrate advanced technology into tax collection, ensuring smoother processes for businesses and individuals.

Additionally, the report covers significant achievements in tax compliance, public engagement, and support for the country’s fiscal policies. It also discusses initiatives to strengthen Singapore’s position as a global financial hub while maintaining a fair and transparent tax system.