Singapore - Transfer the Credit Balance from your Parenthood Tax Rebate (PTR) Account to your Spouse Account

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Procedure

Apply Online

1. To Transfer the Credit Balance from your Parenthood Tax Rebate (PTR) Account to your Spouse Account, the applicant has to make the application in at myTax Portal login page, and select Personal Tax Matters with Singpass. link
2. Enter Singpass ID and Password and click on “Login” button.
3. Enter OTP received via SMS or Token and click on “Submit” button.
4. After logging in with Singpass, at “Overview” page, click on “Individuals” dropdown list and select “Parenthood Tax Rebate (PTR)”.
5. Enter all the necessary details and click on “OK” button once the applicant has confirmed the details entered are correct.
6. Click transfer amount and enter spouse account details and transfer money to her account.
7. The outcome of the request will be displayed on the “Result” page. After which, the applicant may proceed with the following action, click on “PRINT” button to print the page.

Note: If the applicant wishes to adjust their past income tax payable after the transfer of his spouse’s PTR balances from his/her account, please email IRAS to the following link

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Required Documents

• ID proof
• Contact details
• Singpass ID
• Spouse account details

Office Locations & Contacts

INLAND REVENUE AUTHORITY IN SINGAPORE
55 Newton Rd,
Revenue House,
Singapore 307987
Contact - +6518003568300
Website link
Location link
Contact link

Eligibility

• Any person who intends to transfer Credit Balance from their Parenthood Tax Rebate (PTR) Account to his Spouse Account is eligible to make this application.
• The applicant can check the eligibility in the following link

Fees

• The fee for this procedure has to be paid as per the authority’s request.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• The processing time for this procedure completes within 30minutes.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name
• Nationality
• Resident Status
• NRIC (National Registration Identity Card) / Foreign Identification Number (FIN)/Passport No
• Employment Pass
• Date of Birth
• Gender
• Residential Address
• Residential No
• Mobile No
• Email Address
• Educational Qualifications
• Work Experience

Need for the Document

An application is needed if a person wants to transfer the credit balance from his/her parenthood tax rebate(PTR) account.

Information which might help

Married, divorced or widowed parents may claim tax rebates of up to $20,000 per child. As PTR is a one-off rebate, you may only claim PTR on a qualifying child once.
Guidelines link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.