When you generate/download the zip file, which includes income tax IR8A data for an employee, we may include additional forms. These reports generate when an employee received benefits in kind. Or if they have made any gains/profits from employee share plans. Or if there were voluntary employer Central Provident Fund (CPF) contributions made by your organisation. Read about the IR8A Details Report in this article. The additional forms are:
- Appendix 8A: Benefit in kind/other income data;
- Appendix 8B: Employee share plan data;
- IR8S: Voluntary employer contributions for CPF data.
Appendix 8A
The appendix 8A form includes benefit in kind/other income data. These are non-monetary benefits provided to employees that need reporting to the Inalnd Revenue Service (IRAS) each basis period.
Appendix 8B
The appendix 8B form includes employee share plan data, and we will include them for employees who derived gains or profits from Employee Stock Option (ESOP) Plans or other forms of Employee Share Ownership (ESOW) Plans.
We will not display shares on the form if they made a loss during the basis period. If an employee has multiple holdings of the same shares, we will combine the holdings on the form. We only do this if the plan type (ESOP/ESOW), company Unique Entity Number (UEN), date of grant, exercise date, exercise price and market value at date of exercise are the same. The following article provides more information on this, Employee Share Plans Report.
IR8S
The IR8S form is necessary when you have made voluntary employer CPF contributions using an employee's wages. The following article has more details on this, Excess CPF Contributions Report.
If your business lodged the income data electronically via the Auto Inclusion Scheme (AIS), the forms contain additional text. The text confirms the data lodgement and the employee does not need to report the earning to the IRAS. We show an example of the additional text below. If the forms do not contain this text, the employee will need to report the income details to the IRAS.