Singapore Tax Filing Deadlines

A) Corporate Tax Filing Deadline:

Year of Assessment	Statutory filing deadline
2008	30 Nov 2008
2009 and thereafter	31 Oct of each year

B) Individual Tax Filing Deadline:

Year of Assessment	Statutory filing deadline
2008	15 April 2008

C) Estimated Chargeable Income (ECI)

A company needs to furnish Estimated Chargeable Income (ECI) within three months from the end of its financial year.

For example:

Financial year-end	Due date for filing ECI	Period covered in the accounts	Year of Assessment (YA)	Due date for filing ECI for that particular YA
31 Dec	31 Mar of the following year	1 Jan 2007 to 31 Dec 2007	2008	31 Mar 2008
31 Mar	30 Jun	1 Apr 2007 to 31 Mar 2008	2009	30 Jun2008

If you furnish your company’s ECI within the qualifying period, you can pay your tax in instalments. The earlier you furnish your ECI, the higher is the number of instalments you get.

To encourage you to e-File, with effect from YA 2008, the number of instalments given to those who file ECI electronically is more than that given to those who file ECI using paper ECI Forms.

To find out how to file ECI and the number of instalments allowed.

What if I don’t file?

If your company does not furnish ECI within three months from the end of its financial year, we may issue a Notice of Assessment (NOA) based on our estimation of your company’s income.

If you do not agree with our estimated assessment, you must object in writing within 30 days from the date of the NOA. Otherwise, the estimated assessment will be treated as final, even if the actual income based on your Form C and accounts submitted subsequently is lower than our estimates. This means we will not amend your estimated assessment based on your Form C and accounts since there is no valid objection to the estimated assessment within the stipulated time.

Related Pages

Interested to set up a business in Singapore? We can help with your Singapore Company Registration needs.

Tags: company, singapore, tax