Manage GST online

Easily manage GST F5 returns and IAFs using IRAS-compliant software so it’s easy to stay on top of your tax obligations.

Tablet showing online BAS lodgement through Xero.

Prepare GST online effortlessly

Xero records GST and includes it in GST F5 returns.

Handle foreign currencies

Xero converts transactions back to SG dollars.

Manage GST in Xero

View and adjust GST transactions and manage GST from prior periods.

Prepare GST online effortlessly

Software shows GST online, and tax rates for sales tax and tax on goods.

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    Standard GST rates are already set up
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    Xero automatically records GST on each transaction
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    Enter transaction amounts as GST inclusive or exclusive, or no tax
Software shows GST online, and tax rates for sales tax and tax on goods.

Handle foreign currencies

Xero automatically includes foreign currency transactions and their realised gains or losses in GST F5 returns.

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    Include foreign currency conversion amounts with GST in invoices
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    Convert invoices, payments and bills from over 160 currencies
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    Produce financial statements and GST F5 in SG dollars
Exchange rates for AUD, EUR and JPY. Xero takes foreign currency into account when preparing GST online payments.

Manage GST in Xero

Accurately track, review and manage GST transactions online in Xero, and collaborate with your advisor.

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    View the next due date and GST you owe at any time
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    Sort transactions into groups based on IRAS filing requirements
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    Check and amend the individual transactions that make up a return
Shows how GST online payments can be prepared in Xero, including date, account, reference and contact.

More about GST

All your historical returns are retained securely in Xero for five or more years in compliance with IRAS regulations. Include notes that only you can see and never lose a GST return. Once a return is saved as a final return, no further changes can be made. GST can be run for any period – not just those based on the start of the financial year.

See how to run, review and finalise a GST F5 return

Xero includes default Singapore GST rates for income, expenses, imports, and zero-rated and no GST items. Each account in the chart of accounts has an editable GST rate, or you can set up GST rates for specific contacts. You can also add additional tax rates if you need to.

See how to add, edit or delete tax rates in Xero

You can view and verify individual transactions in your GST return by selecting 'Transactions by box number'. If you use multi-currency, transactions show in both base and transaction currency.

See how to run the GST audit report

You can export your GST F5 report to PDF and Excel so you can review and collaborate on draft reports with your team and advisor. Excel exports now include transaction details that hyperlink to Xero and are grouped by F5 box totals.

Start using Xero for free

Access all Xero features for 30 days, then decide which plan best suits your business.

  • Included
    Safe and secure
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    Cancel any time
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    24/7 online support

Through digitization and seamless integration, Xero made our business more efficient than ever before.

Zairyo uses Xero to take care of their financial needs

The Zairyo team in a warehouse with products. They recommend Xero accounting software.