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Taxes · PDF

Taxi and Private-Hire Drivers: Pre-Filled Income and the 60% Expense Ratio

All four filing steps, the actual-expense option and the No Filing Service distinction in the January 2024 graphic.

Source checked · 11 October 2026

The two simplifications

The infographic, correct as at 9 January 2024, describes opting into income pre-filling through an operator and an automatic expense deduction of 60% of annual gross driving income. Income pre-filling lets the driver view and verify figures; it is not proof that every pre-filled amount is correct.

All four filing steps

First opt in with the operator. Second log into myTax Portal during the source’s stated filing period of 1 March–18 April. Third verify driving income and declare other income, with the 60% deduction automatically allowed. Fourth submit if there are no further changes. These are the graphic’s 2024 instructions, rather than a promise that future-year filing dates can never change.

Corrections and actual expenses

The footnote permits correcting pre-filled income where necessary and claiming actual business expenses if they exceed 60% of gross driving income. The percentage is an expense deduction, not a 60% tax discount. The actual-expense alternative should not be combined with a duplicate deemed claim.

Records, NFS and stated benefits

The graphic highlights simplified records using listings such as expense lists rather than source receipts, reduced errors and convenient filing. It says no return is needed where a No Filing Service notification has been received; participation in pre-filling alone is not that notification. It also says pre-filling may facilitate future self-employed grants, if any, rather than promising entitlement to a grant. It links go.gov.sg/iras-prefilling for details.

Official source

This article independently explains the substantive contents of the official PDF, including the relevant conditions, procedures and annexes. The linked document remains the authoritative source for its original wording, and later changes should be checked separately.

Read the official PDF ↗
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