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38 replies to this topic | 45 praises

#1

Posted 15 July 2009 - 10:46 AM

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I remember saw some pamphlet from some bank saying paying income tax with interest free installment but forget which bank. Anyone any idea? Don't wish to pay by GIRO.

#2

Posted 15 July 2009 - 10:52 AM

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If you really make monthly payment of income tax thru credit card (I'm not sure can or not), the credit card company may "force" you to pay the yearly subscription fees when due, difficult to "negotiate" with them. If that time comes, either pay the yearly subscription fees or force to terminate the payment arrangement and revert back to GIRO, which I feel is troublesome.

#3

Posted 15 July 2009 - 11:20 AM

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Too much hassle I would think. Since need to pay tax every year without fail, GIRO will be a better choice.

#4

Posted 15 July 2009 - 11:21 AM

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Think there's some admin fee of a few percent in fine prints.
Stick to giro, interest free, hassle free. laugh.gif

#5

Posted 15 July 2009 - 11:47 AM

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only upside i see for using credit card to pay income tax is getting points.

#6

Posted 15 July 2009 - 12:03 PM

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only upside i see for using credit card to pay income tax is getting points.


Usually they will still waive the annual fee even if you have some installment payment that is still going. that's my experience. I don't really like paying Giro. usually I pay my tax full amount, just that this time financial situation not that good.
So pay by credit card, 6months or 12 months, then that's it. If Giro, IRAS will keep deducting on n on......

#7

Posted 15 July 2009 - 12:31 PM

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Think there's some admin fee of a few percent in fine prints.
Stick to giro, interest free, hassle free. laugh.gif



well, if you pay through the IRA website using credit card, yes there is an admin fee.. but the stupXXX website never stated the quantum of the admin fee..

However, if you pay via the bank internet using the credit card, you can avoid the admin fee and earn the rewards points accordingly.

I just paid last week....

Hope this helps...

#8

Posted 15 July 2009 - 12:38 PM

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Usually they will still waive the annual fee even if you have some installment payment that is still going. that's my experience. I don't really like paying Giro. usually I pay my tax full amount, just that this time financial situation not that good.
So pay by credit card, 6months or 12 months, then that's it. If Giro, IRAS will keep deducting on n on......


same here. I usually pay one time...dont like Giro.

#9

Posted 15 July 2009 - 09:01 PM

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wah...admin fee!!! market soooo bad hor....

#10

Posted 15 July 2009 - 09:20 PM

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well, if you pay through the IRA website using credit card, yes there is an admin fee.. but the stupXXX website never stated the quantum of the admin fee..

However, if you pay via the bank internet using the credit card, you can avoid the admin fee and earn the rewards points accordingly.

I just paid last week....

Hope this helps...


isn't there still the processing fee by the card company?


#11

Posted 02 July 2018 - 05:36 PM

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Reviving old thread since it's income tax paying season.

 

Anyone got lobang on what's the bestest credit card to use for paying income tax? (i.e lowest admin fee, etc). No need installment, one shot oso can. 

 

Main purpose is to earn points. Now paying by Giro, maciam bo hua lei.

 


Tohto praised this

#12

Posted 02 July 2018 - 05:36 PM

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Reviving old thread since it's income tax paying season.

 

Anyone got lobang on what's the bestest credit card to use for paying income tax? (i.e lowest admin fee, etc). No need installment, one shot oso can. 

 

Main purpose is to earn points. Now paying by Giro, maciam bo hua lei.

 

hsbc have


BOC have as well

 

google lah


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#13

Posted 02 July 2018 - 05:41 PM

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Reviving old thread since it's income tax paying season.

 

Anyone got lobang on what's the bestest credit card to use for paying income tax? (i.e lowest admin fee, etc). No need installment, one shot oso can. 

 

Main purpose is to earn points. Now paying by Giro, maciam bo hua lei.

You must be paying very high income tax, thats why bo hua paying by Giro and cannot earn points.  [:p]


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#14

Posted 02 July 2018 - 05:43 PM

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Reviving old thread since it's income tax paying season.

 

Anyone got lobang on what's the bestest credit card to use for paying income tax? (i.e lowest admin fee, etc). No need installment, one shot oso can. 

 

Main purpose is to earn points. Now paying by Giro, maciam bo hua lei.

 

many credit cards now have the restriction that any govt bills are not eligible for points or cash back or rewards or whatever.

 

eg, roadtax, parking, income tax etc. credit card also not stupid.



#15

Posted 02 July 2018 - 05:43 PM

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You must be paying very high income tax, thats why bo hua paying by Giro and cannot earn points.  [:p]

I have not been paying tax for the past 3 years already ... low SES ?



#16

Posted 02 July 2018 - 05:44 PM

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I have not been paying tax for the past 3 years already ... low SES ?

Not paying tax at all?  :huh:


Clothe yourselves with compassion, kindness, humility, gentleness and patience.
Life is very fragile. Nobody knows what's gonna happen next.

#17

Posted 02 July 2018 - 05:47 PM

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You must be paying very high income tax, thats why bo hua paying by Giro and cannot earn points.  [:p]

 

 

his tax is Cat B COE...knnn


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#18

Posted 02 July 2018 - 06:02 PM

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hsbc have


BOC have as well

 

google lah

 

Google-ded. HSBC points conversion like not beri attractive lei

 

BOC i dun hap 

 

IRAS website say Mastercard accepted at AXS machine. Wonder if any bros tried it n got points?


You must be paying very high income tax, thats why bo hua paying by Giro and cannot earn points.  [:p]

 

Wahaha....retiree la, bo lui one. 

 

Limpeh juz wanna get something back from the system that's all  [laugh]



#19

Posted 02 July 2018 - 06:39 PM

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I use POSB everyday card for road tax at AXS...i think shuld be applicable to income tax as well at the AXS machines....



#20

Posted 02 July 2018 - 07:56 PM

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Can use credit card pay income tax?
Would it be included in your loan creditability when you apply for loans in future?
Sorry to ask but never pay taxes before.

Edited by DACH, 02 July 2018 - 07:57 PM.

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