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Designation:
Compliance Analyst, Chief
Compliance Office, IRAS
Studied:
Accountancy and Business
Management (Finance), SMU
m
eet Nicholas Neo, a Compliance overall strategies for tax compliance
Analyst with the Inland Revenue across IRAS. It coordinates and oversees
Authority of Singapore (IRAS). the divisions’ compliance programmes to
His rather unusual job title essentially ensure their consistency and effectiveness.
boils down to: “Compliance means getting “For example, taxpayers may genuinely
tax-payers to follow tax obligations.” These not be aware of their tax obligations and
tax obligations cut across the major tax our compliance programmes. So how
types such as income tax, property tax do we educate them to ensure their
and GST – each overseen by a dedicated compliance? On the other hand, for tax-
IRAS division. evaders, we can’t use the same strategy.
The Chief Compliance Office is a Thus we have to tailor different strategies
strategic office set up in 2007 to drive to treat non-compliance of varied groups
of taxpayers,” he explains.
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paths available and what was required of I was in school, I could focus on other about taxes, I’m familiar with accounting
me in each path.” aspects such as student exchanges and and I wanted to explore it further. Lastly, it
“Her advice really helped prepare community work, instead of having to was the lure of an overseas education that
me for life in IRAS. Also, the scholar- look for a part-time job during the holidays would otherwise have been impossible for
buddy system, where a senior ‘buddy’ or attend tons of interviews before me.”
is assigned to a ‘new’ scholar, will help graduation,” he reveals. Thus, whatever the reasons for
me ease the transition from school into “I didn’t expect IRAS to be so fun, to choosing a scholarship – free education,
a new organisation where everything is have so many opportunities,” he reveals, interest in the field, or great marketing – it
unfamiliar,” adds the 23-year-old. highlighting how the scholarship had sent helps to take time to think about it.
Nicholas also attributes his survival him to Copenhagen, Denmark for a one- “When applying for scholarships, your
at the workplace to the yearly scholars’ semester exchange programme. interest in that particular field of work is
gathering. “We meet fellow local and Terence’s reasons, on the other hand, very important. It would be helpful to get
overseas scholars, senior management were more deliberate. “The HR policies advice from previous scholars and get a
such as the Commissioner [the CEO at that time were a big reason why I more accurate picture of what it means
of IRAS], and our mentors – returned thought IRAS was a good fit for me. I am to work in that organisation,” Terence
scholars who would give me heads-up very happy with how they focus on their advises.
advice. The interaction with all of them got scholars and provide them with the tools “Choosing a scholarship is akin to
me ready for the job.” to succeed,” he points out. choosing a career,” he says, on a choice
These measures create a network of “Also, I wanted a career that I was that he’s happily made.
people which returning scholars can tap interested in. While I did not know much
into for lunch kakis or seek expert advice
on projects. As Nicholas says, “At the
end of the day, if I know one more person
when I come in, the transition becomes
easier. Even now, I keep in touch with the
colleagues whom I worked with during
my attachment as they had a very big
role in helping me adapt to the work
environment.”
In fact, the people-oriented environment
at IRAS ensures that the person at your
neighbouring workstation becomes
more than just a colleague, but a close
friend. Its vibrant corporate culture saw
him participating in various corporate
projects, taking up the role of assistant
sports secretary in the recreation club, and
helping out in an IRAS musical production,
amongst other activities.
Consider this
Terence and Nicholas have very different
reasons for taking up an IRAS scholarship.
Nicholas did not expect to do well for
his ‘A’ levels. However, when he did well
enough to qualify for a scholarship and
was offered the opportunity, he simply
thought, “Why not?”
“A scholarship represents financial
and job security. And true enough, when
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