Jackpot Audit

Requirement to File Form PL-R and Submit Audited Financial Statements

Clubs conducting private lotteries are required to:

  • File Form PL-R (Private Lotteries Duty Return) by the 15th of the month following the end of the month it conducts the lottery (except for scheduled lottery). For clubs conducting scheduled lottery (one-time), the Form PL-R has to be filed within 15 days from the date of the lottery.
  • Submit audited financial statements (with accompanying notes to the accounts) for the year, together with a reconciliation between the club’s annual audited accounts and corresponding figures submitted for gambling duties for the year, within six months from the club’s financial year-end.

Form PL-R

Form PL-R is a return for any club or society or other body of persons (incorporate or unincorporate) who operate all types of lottery and gaming machines.

A club conducting a few lottery types (e.g. gaming machines and Tombola) can file the duty payable for these lotteries in a single return.

The form must be signed by a principal officer (e.g. President, Honorary Secretary, Treasurer or management committee member) per Registry of Society’s recordss.

Additional Filing Requirements for Clubs Operating Gaming Machines

  • Form PL-R1 (Reconciliation of Soft and Hard Meter Readings)

    You need to file Form PL-R1 together with Form PL-R every month. You have to maintain the soft copy of Form PL-R1 and submit this upon IRAS’ request.

    If you do not file Form PL-R and Form PL-R1 by the due date, IRAS may impose a penalty.
  • Audit Checklist for Form PL-R1

    Where any exception is noted by the auditors, you are required to submit the audit checklist with details of the exception to IRAS as part of your monthly filing.

    Where no exception is noted after the auditor has performed the review on Form PL-R1, you need not submit the checklist to IRAS. However, you need to maintain a copy of the completed checklist for all months and submit it upon IRAS’ request.
  • Form PL-R2 (Reconciliation of Meter Readings and Actual Cash Flow)

    Clubs will complete Form PL-R2 for every month and submit it upon IRAS’ request.

Do email us at info@cogentaudit.com so we could advise you on the aspects in which we could be of service to you.

Source: Inland Revenue Authority of Singapore

This page was last updated on 2nd March, 2023.