Understanding the No-Filing Service (NFS) for Tax Season 2025: What It Means for Singapore Taxpayers
Tax season can be a stressful time for many, but for eligible taxpayers in Singapore, the No-Filing Service (NFS) helps simplify the process significantly. Over 1.9 million individual taxpayers are eligible for NFS in the Year of Assessment (YA) 2025, with close to 500,000 benefitting from the Direct Notice of Assessment (D-NOA) initiative. The D-NOA…