The Inland Revenue Authority of Singapore (IRAS) has announced the release of updated versions of two critical employer notification forms, Form IR21 and Form IR21A, on its official website.
This update, pertinent to employer income tax reporting obligations, provides the latest templates and accompanying guidance for:
- Form IR21: Notification by Employer of an Employee’s Cessation of Employment or Departure from Singapore – This form is mandatory for employers to report when an employee leaves their job or departs Singapore. Updated explanatory notes are also available.
- Form IR21A: Notification of Gains from Stock Option (ESOP) / Other Share Ownership Plans (ESOW) derived by Non-Resident Directors – This form is specifically used by employers to report gains realized by non-resident directors from Employee Stock Option Plans (ESOP) or Employee Share Ownership Plans (ESOW).
Key Information:
- Release Date: The updated forms were published on the IRAS website on 3 July 2025.
- Access: The forms and their explanatory notes are now available for download on the IRAS website (www.iras.gov.sg).
- Effective Immediately: Employers should commence using these updated forms for relevant notifications pertaining to events occurring on or after the release date.
Employers and relevant parties are advised to review and utilize the updated forms and guidance documents to ensure compliance with Singapore’s income tax reporting regulations.
Source: IRAS, 3 July 2025.