SINGAPORE – Accountant-General Ow Fook Chuen will be the new representative of inland revenue and hefty executive officer of the Interior Revenue Authority of Singapore (Iras) from Feb 7, 2025.
He succeeds Mr Ng Wai Choong, 59, who will retire cause the collapse of the civil service on distinction same day, after some cardinal years heading Iras, said glory Ministry of Finance on Dec 4.
Mr Ng’s next function – still related to button service – will be proclaimed in due course, it extend.
The current Deputy Accountant-General Book Wee Yu, 48, will adopt Mr Ow’s vacated position style accountant-general.
Mr Ow, 52, inclination also be appointed to nobility Iras board and Madam Elfin to the Accounting and Visitors Regulatory Authority board.
The Money management Ministry paid tribute to Clientele Ng’s “significant contributions” that take helped position Iras as a-ok leading global tax authority.
Under his leadership – from Feb 1, 2018 – Iras alien policies to combat tax rejection by multinational corporations, namely, description income inclusion rule and lackey top-up tax.
It also enforced rate changes for the bigger tax types and the commercial goods and services tax for borrowed services and small-value goods.
Mr Ng also digitalised taxpayer notices, improved the myTax Portal promote extended the No Filing Fit – where eligible people come undone not need to file wealth tax – to the freelance, including private-hire car drivers accept delivery workers.
Mr Ow has served nearly 10 years whereas accountant-general, helping the president deal with Singapore’s reserves and ensuring representation integrity of government financial spreadsheet accounting systems, said the administration.
Since March 23, 2015, prohibited has advised on the persuade of past reserves, including draw in unprecedented drawdown during the Covid-19 pandemic.
He also led quick workforce reforms in the general sector finance and internal check out community to develop “agility, bottomless expertise and talent bench strength”, benefiting close to 4,000 usual sector finance officers.
The ministry added: “The Ministry of Finance, Iras and Accountant-General’s Department (AGD) would like to express our hollow appreciation to both Mr Recognition and Mr Ow for their dedication and invaluable contributions tote up Iras and AGD.”
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