taxBytes@iras

Reminder to e-File Corporate Income Tax Returns for YA 2019 by 15 Dec

Companies and tax agents, take note.

The deadline for submitting your company’s corporate income tax return (Form C-S/ C) for Year of Assessment (YA) 2019 is 15 Dec, and is fast approaching. This submission is for all companies, including those with no business activities or those in a loss position.

Log in to https://mytax.iras.gov.sg using CorpPass to e-File your company’s YA 2019 Form C-S/ C today.

Get all the corporate tax filing information you need at www.iras.gov.sg/irashome/CorporateTax2019/

Digital Solutions to Make Tax Filing Seamless and Convenient

If your company has not started using accounting software system, now is the time to do so.

IRAS and ACRA are working with five accounting software developers to co-create a solution that will allow companies to generate Corporate Income Tax return (Form C-S), ACRA’s annual return and financial statements in XBRL format, for direct submission to both agencies.

Here's what the enhanced accounting software will offer:

Say goodbye to manual key-ins for statutory declarations! More details on the enhanced accounting software will be shared in 2020.

Property Tax E-bill 2020

Keep a look out for your residential property tax bills as they are made available digitally. SMS notifications will be sent to property owners when the bill is ready.

Log into https://mytax.iras.gov.sg to view your e-Property Tax bill upon receiving the notification.

Become a Tax Investigator

Conducting raids, interviews and poring over tons of seized evidence – it’s all in a day’s work for our tax investigators.

With the sophistication of tax crimes rising along with the potential loss of state coffers, IRAS’ investigations and forensics team are stepping up efforts and their use of technology including data analytics to ensure that everyone pays their fair share of taxes.

If you have the passion for fraud fighting (and taxes) and are interested in analytics, join us as a Tax Investigator today! To learn more, visit www.careers.gov.sg