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Comprehensive Guide to Filing GST F5 and F8 Returns: Tips, Errors, and FAQs

  • GST F5 Return has fifteen boxes to fill
  • Access GST returns via myTax Portal
  • Report figures in Singapore Currency
  • E-File a nil return if no transactions occurred
  • Refer to e-Tax Guide for more details
  • GST F8 filing is similar to GST F5
  • Account for GST on business assets and certain supplies
  • Report asset and supply values in Box 1 of GST F8
  • Report corresponding GST value in Box 6 of GST F8
  • Refer to IRAS webpage for more details on GST cancellation
  • Common errors infographic available for reviewing past GST returns
  • Box 1: Total value of standard-rated supplies
  • Enter value excluding GST amount
  • Include supplies of goods, deposits, consignment sales, net takings, property construction, leases, and vehicle sales

Source: iras.gov.sg

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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