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Tax guide · Payments · 2026

IRAS property tax: payment methods, deadlines and GIRO

By Winfred Quek · 7 minute read · Published 13 July 2026

By Winfred Quek, Associate Marketing Consultant · CEA R073319H · Crestbrick Pte Ltd (L3010886H) · Published 13 July 2026

Quick answer: IRAS issues property tax bills every year. The annual bill must be paid by 31 January, or by the due date stated on the bill. A 5% late payment penalty applies to unpaid tax after the due date unless you are on an approved instalment plan. Owners can pay in full through channels such as myTax Portal, internet banking or AXS, or spread the payment in up to 12 interest free monthly instalments through GIRO. This page covers only how and when to pay, not how the tax amount is worked out.

Rates and thresholds change. The current figures are kept in one place: the Singapore property rules reference.

Sources checked: October 2026 · Verify current deadlines and channels on the IRAS website · Sources attributed below

This page covers the administrative side of property tax: when the bill is due and how to pay it. It does not cover how the annual value or the tax amount is calculated.

The annual bill and the payment deadline

IRAS issues a property tax bill each year. The annual bill must be paid by 31 January, or by the due date stated on your bill. Check the due date printed on your own bill.

Paying by GIRO instalments

IRAS lets owners pay property tax by GIRO in up to 12 interest free monthly instalments. Instalment plans are available only through GIRO. Your GIRO application must be approved before the payment due date on your bill to avoid late payment penalties.

Other payment channels

Other payment channels include myTax Portal, internet banking, AXS stations and PayNow QR. The channels available depend on your bank and the payment type, so check the current list of payment modes on the IRAS website before paying.

What happens if a payment is missed

Missed deadline. Unless you are on an approved instalment plan, a 5% late payment penalty applies to unpaid tax if full payment is not received by the due date. IRAS can also take further recovery action, including appointing agents to recover the overdue tax. If you expect difficulty paying by the due date, contact IRAS before the deadline.

If a GIRO deduction fails, IRAS makes a second deduction on the 21st of the month. The GIRO arrangement is cancelled after two consecutive months of failed deductions, and the unpaid balance then becomes due immediately.

If you think the annual value on your bill is wrong, IRAS has a separate process to object to the annual value. That is different from making a payment.

Frequently asked questions

When is property tax due each year in Singapore?

The annual property tax bill must be paid by 31 January, or by the due date stated on the bill.

Can I pay property tax in monthly instalments?

Yes. IRAS lets owners pay by GIRO in up to 12 interest free monthly instalments. Instalment plans are available only through GIRO.

What happens if I miss the property tax payment deadline?

A 5% late payment penalty applies to unpaid tax if full payment is not received by the due date, unless you are on an approved instalment plan. IRAS can also take further recovery action.

Which payment channels does IRAS accept?

Channels include myTax Portal, internet banking, AXS stations and PayNow QR, depending on your bank and the payment type. Check the IRAS payment modes page for the current list.

Managing property tax across multiple units?

Payment mechanics are one piece of a wider ownership picture that includes annual value, occupancy status and how each property fits your holding strategy. A Property Portfolio Analysis looks at the full picture, not just this year's bill.

Book a free analysis call

Sources & references

Winfred Quek is Associate Marketing Consultant at Crestbrick Pte Ltd, advising Singapore upgraders, investors and families. CEA R073319H. The information on this page is general and does not constitute tax or financial advice. Payment deadlines, channels and procedures are set by IRAS and can change, verify current details on the IRAS website before making a payment decision.