SG Tax - Generate Amendment File
- Go to Payroll >> SG Tax >> Amendment.
- Search by:
- Employee Code
- Employee Name
- Tax Reference Number
- Only employees with an original copy can be amended.
- IR8A / IR8S / Appendix 8A: Enter the final amount to amend.
Example: Original = 100, Actual = 200 → Enter 200 - Appendix 8B: Enter the difference to amend (not the full amount).
Examples for Appendix 8B Amendment
Example 1: Under-Declared Exercise Price
Actual: $10 for 100 shares
Submitted: $10.50 for 100 shares
➤ Create 2 records:
• Record 1: $10.50 for -100 shares (same columns A–F as original)
• Record 2: $10 for 100 shares
Actual: $10 for 100 shares
Submitted: $10.50 for 100 shares
➤ Create 2 records:
• Record 1: $10.50 for -100 shares (same columns A–F as original)
• Record 2: $10 for 100 shares
Example 2: Incorrect Number of Shares
Case 1: Submitted 200, Actual 500 → Difference = +300
➤ Create 1 record with Column G = 300
Case 2: Submitted 700, Actual 500 → Difference = -200
➤ Create 1 record with Column G = -200
Case 1: Submitted 200, Actual 500 → Difference = +300
➤ Create 1 record with Column G = 300
Case 2: Submitted 700, Actual 500 → Difference = -200
➤ Create 1 record with Column G = -200
Example 3: Incorrect Year of Exercise
Submitted: 01/06/2023 (YA 2024)
Actual: 01/06/2024 (YA 2025)
➤ Create 2 records:
• YA 2024: 1 amendment record with negative shares to reverse incorrect year
• YA 2025: 1 original record with correct details
Submitted: 01/06/2023 (YA 2024)
Actual: 01/06/2024 (YA 2025)
➤ Create 2 records:
• YA 2024: 1 amendment record with negative shares to reverse incorrect year
• YA 2025: 1 original record with correct details
Example 4: Changes to Type of Plan
Submitted: ESOP, Actual: ESOW
➤ Create 2 records:
• 1 amendment record for ESOP (negative gains)
• 1 original record for ESOW
Submitted: ESOP, Actual: ESOW
➤ Create 2 records:
• 1 amendment record for ESOP (negative gains)
• 1 original record for ESOW
Example 5: Changes to Non-Income Fields
Incorrect Company Name:
• Submitted: Company B Pte Ltd
• Actual: Company A Pte Ltd
➤ Submit 1 amendment record with:
• Submitted: 01/07/2024
• Actual: 01/06/2024
➤ Submit 1 amendment record with:
Incorrect Company Name:
• Submitted: Company B Pte Ltd
• Actual: Company A Pte Ltd
➤ Submit 1 amendment record with:
- Sub-record 1: Negative shares (to negate incorrect company)
- Sub-record 2: Positive shares with correct company name
• Submitted: 01/07/2024
• Actual: 01/06/2024
➤ Submit 1 amendment record with:
- Sub-record 1: Negative shares for 01/07/2024
- Sub-record 2: Correct entry for 01/06/2024