Personal Finance
This is how you set up ipaymy to reduce your IRAS tax payments
By WhatCard Blog  •  April 24, 2020

@dexter.tiah wrote:

Two weeks ago, I wrote an introductory article about how one is able to receive cashback from mandatory IRAS tax payments. In this article, I will explain this in greater detail and address common questions on using ipaymy’s services for IRAS tax payments.

Do I need to set up a new payment mode in IRAS?

No, you do not need to do so. If you are already on Giro payment scheme (like me), all you need to do is create an account on ipaymy, and set up a one-time / recurring payment to IRAS. Then, you need to schedule a payment before your Giro deduction date. Once IRAS receives your payment from ipaymy, they will not deduct it from your bank account. If you have set this up as monthly tax payment, IRAS will not debit your bank account as long as ipaymy pays this amount.

Will...
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By WhatCard Blog
WhatCard was created by a group of credit card and personal finance enthusiasts with a simple mission - how can we build something that will help each person get the most value out of their credit card spending.
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