IRAS
Tax Type | Original Filing Deadline | Extended Filing Deadline New | |
1 | Income Tax for Individuals (including sole proprietors and partnerships) | 18 April 2020 | 31 May 2020 |
2 | Income Tax for Trusts, Clubs and Associations | 15 April 2020 | 30 June 2020 |
3 | Estimated Chargeable Income (ECI) for companies with Financial Year ending Jan 2020 and Feb 2020 | 30 April 2020 | 30 June 2020 |
4 | GST Returns for accounting period ending Mar 2020 | 30 April 2020 | 11 May 2020 |
5 | S45 Withholding Tax Forms due in Apr 2020 | 15 April 2020 | 15 May 2020 |
6 | Tax Clearances for foreign employee in Apr 2020 | - | 30 June 2020 |
ACRA
Tax Type | Original Filing Deadline | Extended Filing Deadline New | |
1 | Annual General Meeting (AGM) | 16 April 2020 to 31 July 2020 | 60 days extension |
2 | Annual Return | 1 May 2020 to 31 August 2020 | 60 days extension |
Tax Season 2020
Portal to e-File tax return: https://mytax.iras.gov.sg/ESVWeb/default.aspx
Income Tax for Trusts - Form T
Persons Required to Submit Form T
- Legal personal representative (administrator/executor) of an estate of a deceased; and
- Trustee of an estate held in trust, private trust or settlement
Income to Declare in Form T
- Income earned one day after the date of death from assets left behind by a deceased person; or
- Income from assets held under a private trust/settlement
Income Tax for Clubs and Associations - Form P1
Persons Required to Submit Form P1
- The president,
- Honorary treasurer,
- Secretary or
- Any other member of the management committee
Submit to:
The Comptroller of Income Tax Compliance,
Clubs, Trust and Gaming Branch
55 Newton Road, Revenue House
Singapore 307987
Note: IRAS will not issue any reminders to the clubs or associations
Estimated Chargeable Income (ECI)
ECI is an estimate of the company's taxable income (after deducting tax-allowable expenses) for a Year of Assessment (YA).
All companies must file Estimated Chargeable Income (ECI) within three months from the end of their financial year except for companies that qualify for the administrative concession and those that are specifically not required to file.
Waiver to File ECI
Company's Financial Year ends | Company's Financial Year ends |
In or before Jun 2017 | 1.Annual revenue is not more than $1 million for the financial year; and 2.ECI* is NIL for the Year of Assessment (YA) |
In or after Jul 2017 | 1.Annual revenue is not more than $5 million for the financial year; and 2.ECI* is NIL for the YA |
GST Returns
GST-registered businesses are required to use CorpPass to e-File their GST returns through https://mytax.iras.gov.sg/ESVWeb/default.aspx
S45 Withholding Tax Forms
Payers are required to e-file and pay the withholding tax to IRAS by the 15th of the second month from the date of payment to the non-resident
Tax Clearances for Foreign Employee
When non-Singapore Citizen employee ceases employment in Singapore, goes on an overseas posting or plans to leave Singapore for more than three months
Employer must notify IRAS at least one month in advance
Employer shall withhold all monies due to the employee from the date aware of his impending cessation of employment or departure from Singapore
Applies to all work pass holders including Personalised Employment Pass (PEP) holders
