If you are AIS registered, you can submit your employees' employment records to IRAS via Swingvy > Payroll > Year-end Tax. However, it is important to note that Appendix 8A isn't currently supported on Swingvy so you'll need to exclude employees with BIK when you create the tax filing in Swingvy and submit their IR8A & Appendix 8A directly on myTax Portal.
What if you've already submitted the employment records for the employees with BIK via Swingvy?
- This would mean that the employment records have been submitted to IRAS without Appendix 8A, but the BIK amount has been captured in IRAS.
- If you submit a new Appendix 8A in IRAS, then the BIK amount will become duplicated.
- You would have to make the amendments (Appendix 8A submission) directly via myTax Portal.
- You would need to submit 2 new IR8A records: One for offsetting the previous BIK value (without Appendix 8A); and another to resubmit the BIK value (with Appendix 8A)
Below is a guide on the steps needed - this is split up into two parts:
Part 1: Removing the BIK value from the submitted IR8A
Step 1 - Prepare the affected employee's IR8A in myTax Portal
Step 2 - Leave the rest of the fields blank, under Income item d), click ‘Edit Details’
Step 3 - Item 9: Value of Benefits-in-kind, click edit Appendix 8A icon
Step 4 - Indicate the negative Benefits-in-kind amount in the respective 'item' (the main objective is to populate the negative benefits-in-kind amount to IR8A)
Step 5 - Submit IR8A record to IRAS
Part 2: Resubmitting the BIK value to IRAS (Appendix 8A)
Step 1 - Only upon completion of Part 1 **
Step 2 - Prepare the affected employee's IR8A in myTax Portal
Step 3 - Leave the rest of the fields blank, under Income item d), click ‘Edit Details’
Step 4 - Item 9: Value of Benefits-in-kind, click edit Appendix 8A icon
Step 5 - Indicate the positive Benefits-in-kind amount in the respective 'item'
Step 6 - Submit IR8A record to IRAS