What has to come together
A useful F5 pack needs coded sales, coded purchases, tax invoices, supply classification, input-tax recovery treatment, adjustments, and a clear trail for unusual items.
IRAS F5
The F5 should be a review pack, not a scramble.
Form F5 reports output tax, input tax, and the net GST payable or refundable for a GST period. The product goal is to make the F5 a review of already-coded evidence, not a quarter-end reconstruction.
How the agent prepares the review
The agent can draft GST treatment at transaction level, preserve source evidence, surface low-confidence or blocked-input-tax cases, and assemble the review pack for sign-off.
Human sign-off stays human.
The product should help prepare, explain, and route the F5 work. It should not imply that lyf • incld is the tax agent or that the user can skip authority review.
This page is not tax advice and does not make lyf • incld a tax agent. Confirm filings against IRAS requirements and your adviser.
Stay close to the build.
Get early access