It is possible to receive more than one conditional offer, but only one of them can become an unconditional offer in January Round 2. If you receive more than one conditional offer, once your ATAR is released you can determine if you meet the criteria for those offers. You will then need to decide which course preference you would most like to convert into an unconditional offer. Place the course that you would most like to convert into an unconditional offer at the top of your list of preferences by midnight 21 January As long as you have accepted an offer, removing it from your list of preferences will not affect your existing offer.
Alternatively, if you receive an unconditional offer to a lower preference, you will automatically be considered for higher preferences in the next round.
If you then receive an offer to a course in your new list, you can decide whether to accept it and withdraw from your original course, or not accept the new offer and keep your place in your original course. SRS unconditional and conditional offers released.
Check your email or click the 'Apply or log in' button and select 'Undergraduate offers'. Institutions can make further unconditional offers in November Round 2. SRS unconditional offers released. Institutions can make further unconditional offers in December Round 1. Browse all key dates.
Thank you for your feedback. If you have a suggestion for an improvement, please let us know. To ask a question, please contact us. Future applicants Search courses Undergraduate International Postgraduate. Popular searches. Course search. Admission criteria. Media Centre. English language proficiency. Find a course. Current applicants. Home Current applicants Schools Recommendation Schemes. So, you can withdraw your funds in those years where you expect to have an overall lower taxable income.
Do your homework and look at fees and management strategies. If in doubt, ask your preferred fund manager or financial advisor if they can invest your SRS. You'll need to apply your voucher before scheduling your SRS deposit. Share this. Want more? We thought you might. So, should you be contributing to an SRS account?
What are the benefits of contributing to SRS? More retirement savings When you contibute to SRS, you'll get significant tax incentives. At the age of 65, they would have combined CPF balances equivalent to approximately 4 times their annual salaries. Immediate and long-term tax savings Tax reliefs are the most notable of SRS' benefits. Are there any disadvantages to SRS? Withdrawal restrictions In exchange for the tax advantages, the Singapore government expects citizens and permanent residents to keep their money in their SRS account until at least age Here's what you need to know: You can only withdraw penalty-free if you're withdrawing at the statutory retirement age set when you make your first contribution.
Once you start withdrawing at or after the statutory retirement age, or if you withdraw for medical reasons, you won't be allowed to contribute to your SRS account again. You can withdraw without paying the penalty only if you plan to use the money for medical reasons, if you declare bankruptcy, or if you pass away. In the case that you pass away, your SRS funds will go to your estate or the government. Every dollar you deposit into your SRS account reduces your taxable income by a dollar.
To be eligible for SRS tax relief next year, your contribution has to be made by 31 December this year. Use the calculator below to find out how much tax you can save with SRS. You can make your SRS funds work harder by investing with a long-term view to grow your retirement savings. And because you are likely to have significantly lower total income on retirement, you end up paying less tax overall. You have the flexibility to withdraw from your SRS account before the retirement age of Note: A withholding tax is imposed on all withdrawals made by foreigners and Singapore Permanent Residents.
The amount of tax withheld corresponds to the year's prevailing withholding tax rate. The above is for illustration purposes only. This cap applies to the total amount of all tax reliefs claimed, including any relief on SRS contributions. Top up now. Alternatively, approach a banker at any UOB branch for assistance. Note: Google Chrome is recommended for MyInfo login.
If you apply via MyInfo, your account details will be sent to you within 4 working days. You may not have more than one SRS account at any point in time. The current statutory retirement age is at Besides the benefit of having more savings to draw on when you retire, you will enjoy the following tax benefits on contributions to SRS:.
You can claim tax relief for contributions made to your SRS account. Tax will be payable only when you withdraw your SRS savings comprising both your SRS contributions and gains on investments. If you purchase an annuity, this concession applies for as long as you receive the annuity stream.
Otherwise, you may spread your withdrawals over a period of up to 10 years to meet your financial needs. Spreading out your withdrawals will generally result in greater tax savings. You can do so via Personal Internet Banking or at the branch.
You do not need to make a claim in your tax return as it will be allowed automatically based on information provided by us to IRAS. Otherwise, all other fees and charges for SRS Account are waived until further notice.
Other third-party related charges such as CDP administrative fees will apply. Upon successfully submitting an online application for an SRS account, an application ID number will be issued to you.
You will also receive an email with the application ID number to confirm that the online application has been received. If you would like to check with UOB on your application status, please quote the application ID number. Please refer to the next question on how long it would take for the SRS account application to be processed. Please login to submit your application again. You will receive an email notification once your SRS account is opened.
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