UOB ONE Account

daranic

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Switched my IRAS Giro payment to UOB One on 1/4 and the payment plan immediately updated to include the last deduction (ie April 2025) from POSB ac over the period May 2025 - April 2026. So I thought IRAS will not deduct from my POSB ac on 6/4 but it did.

I am still receiving notices in my IRAS inbox on 8/4 and 15/4 to inform me of the Giro payment plan for May - next year April. Though money is deducted on 6/4, the next 1 year monthly payment amount is not reduced.

Anyone experiencing the same?
 

maumu

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Switched my IRAS Giro payment to UOB One on 1/4 and the payment plan immediately updated to include the last deduction (ie April 2025) from POSB ac over the period May 2025 - April 2026. So I thought IRAS will not deduct from my POSB ac on 6/4 but it did.

I am still receiving notices in my IRAS inbox on 8/4 and 15/4 to inform me of the Giro payment plan for May - next year April. Though money is deducted on 6/4, the next 1 year monthly payment amount is not reduced.

Anyone experiencing the same?
nope. my April GIRO (in my case, from HSBC) didn't happen. I had cancelled the GIRO arrangement with HSBC prior to applying for the new GIRO with UOB. IRAS will start the deduction from May...

you should alert IRAS that the deduction happened for you in April (or are you sure the amount increased from May onwards - taking into the assumption there's no deduction in April?)
 

Mickey01

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Switched my IRAS Giro payment to UOB One on 1/4 and the payment plan immediately updated to include the last deduction (ie April 2025) from POSB ac over the period May 2025 - April 2026. So I thought IRAS will not deduct from my POSB ac on 6/4 but it did.

I am still receiving notices in my IRAS inbox on 8/4 and 15/4 to inform me of the Giro payment plan for May - next year April. Though money is deducted on 6/4, the next 1 year monthly payment amount is not reduced.

Anyone experiencing the same?
6 Apr is Sunday. No GIRO deduction.

You can login to the tax portal and look at the online statement of account. Any GIRO deduction on 7th Apr (ITX & PTX) should have been posted and reflected by now.
 

Jun666

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Switched my IRAS Giro payment to UOB One on 1/4 and the payment plan immediately updated to include the last deduction (ie April 2025) from POSB ac over the period May 2025 - April 2026. So I thought IRAS will not deduct from my POSB ac on 6/4 but it did.

I am still receiving notices in my IRAS inbox on 8/4 and 15/4 to inform me of the Giro payment plan for May - next year April. Though money is deducted on 6/4, the next 1 year monthly payment amount is not reduced.

Anyone experiencing the same?
same here, mine got deducted but Giro payment plan still shows increased amount..
how to request refund from IRAS?
 

daranic

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6 Apr is Sunday. No GIRO deduction.

You can login to the tax portal and look at the online statement of account. Any GIRO deduction on 7th Apr (ITX & PTX) should have been posted and reflected by now.
Yes yes 7th April. My bad.

It’s not updated, that’s the problem. The notices sent to my inbox on 8/4 nd 15/4 still showing same increased amount after I changed Giro ac to UOB.
 

daranic

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same here, mine got deducted but Giro payment plan still shows increased amount..
how to request refund from IRAS?
It is ok to me if they deducted in April but at least the next month’s payment should be reduced accordingly. But it is not. Now I take total up the next 12 months payment amounts and it is more than my total tax amount for year of assessment 2025.
 

sglandscape

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Switched my IRAS Giro payment to UOB One on 1/4 and the payment plan immediately updated to include the last deduction (ie April 2025) from POSB ac over the period May 2025 - April 2026. So I thought IRAS will not deduct from my POSB ac on 6/4 but it did.

I am still receiving notices in my IRAS inbox on 8/4 and 15/4 to inform me of the Giro payment plan for May - next year April. Though money is deducted on 6/4, the next 1 year monthly payment amount is not reduced.

Anyone experiencing the same?
Don't be a gan jiong spider, check back IRAS portal again in a week.
 

Mickey01

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It is ok to me if they deducted in April but at least the next month’s payment should be reduced accordingly. But it is not. Now I take total up the next 12 months payment amounts and it is more than my total tax amount for year of assessment 2025.
I think what happen is this. The last GIRO payment for YA2024 tax bill should be 7 Apr 2025. But you change the bank account details on 1st Apr, so in the end the last payment is not deducted. So IRAS bring forward the Apr 2024 GIRO payment and add to the YA2025 Provisional Tax payable. The revised GIRO plan should become (Apr 2024 GIRO Amount + YA2025 est tax payable)/12 - payment from May 2025 to Apr 2026.

Once the YA2025 tax payable is finalized sometime in Jun 2025, IRAS will send u a revised GIRO payment plan, taking into consideration any overpaid amount from May to Jun 2025 and revised the GIRO Plan for months Jul 2025 to Apr 2026.
 

Mickey01

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Don't be a gan jiong spider, check back IRAS portal again in a week.
The GIRO payment for Apr 2025 should be posted and reflected within 3 business days. And the account balance should be $0 since you have settled the last payment in Apr 2025.
 

dgeralds

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Hi All

Does the following spend count towards the $ 500 One card spend in order to get the One account interest?

1. Town council payment
2. Geneco payment
3. Parking app payment
4. SPH payment
5. HDB parking payment
 
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ahnyaahnya

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Hi All

Does the following spend count towards the $ 500 One card spend in order to get the One account interest?

1. Town council payment
2. Geneco payment
3. Parking app payment
4. SPH payment
5. HDB parking payment
Anything pay to cheng hu is not included.
So number 1 and 5 no.
2 and 4 are companies, so should be yes .
3, I dunno, probably yes
 

Cumzilla

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Anything pay to cheng hu is not included.
So number 1 and 5 no.
2 and 4 are companies, so should be yes .
3, I dunno, probably yes
3 no, previously my transactions from parking.sg was not tracked. Was surprised also, they from govt meh?
 

spikeling

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I changed registration 3 times last month. Worried that UOB might get confused... at least now I know the earmarked is not yet done..
 
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