How do I file my personal income tax returns in Singapore?

Table of Contents
    Add a header to begin generating the table of contents

    Confused about whether you have any personal income tax filing obligations in Singapore? And on how to file your personal income tax returns? We discuss the basics of personal income tax filling below.

    Do I have to file personal income tax returns if I didn’t have any income?

    People are often unsure about whether they have to file a tax return, especially if they had minimal or no income. If you’re one of them, see our easy guide below.

    You may receive a Notice of Assessment (NOA) even if you are not required to file a tax return. Make sure that the NOA is accurate. Inform IRAS within 30 days if it is not, for example if you had additional income that is not shown in the NOA or the reliefs you are eligible for are shown incorrectly.

    How do I file my personal income tax returns in Singapore?

    There are a few ways you can file your personal income tax returns in Singapore. One way is to e-file on the IRAS myTaxPortal by logging in with your Singpass. Alternatively you may choose to do paper filling – there are three different types of forms depending on whether you are filling as a Tax Resident Individual, Self-Employed Individual, or Non-Resident Individual.  If you prefer to have an accountant help you figure out your taxes and file for you, get in touch with us.

    When are personal income tax returns due?

    Typically, personal income tax returns are due by April 15th each year for paper filing. To encourage the move toward digitalisation, IRAS has extended the deadline for e-filling to April 18th. This year IRAS has extended the deadline for both paper and e-filling to May 31st due to the COVID-19 situation.  Do not take this obligation lightly. IRAS may impose penalties for late or non-filling of income tax returns.

    I still have more questions about my personal income tax filling…

    Reach out to us and we can have one of our qualified professionals guide you through this process!

    Share

    Share on facebook
    Share on twitter
    Share on linkedin
    Share on email

    More to explore

    What is Estimated Chargeable Income (ECI)?

    Confused about the mandatory Estimated Chargeable Income (ECI) filling requirement? Read on to learn the Who What Where When Why (and How) of ECI brought to you by LOL. WHAT is ECI? ECI stands for Estimated Chargeable Income and is an estimate of a company’s chargeable/taxable income for a Year of Assessment (YA) after deducting

    Read More »

    Why Startups and SMEs Should Move to Cloud Accounting

    In the last few years, there has been a clear trend of companies moving to cloud based solutions to run their businesses. From CRM systems to Customer Service solutions, HR solutions and Project Management solutions, a plethora of cloud based B2B tools and options have sprung up to make managing your business easier. One of

    Read More »

    LOL Corporate

    A modern digital and corporate services platform brought to you by experienced and qualified industry veteran chartered accountants and lawyers who have been in business since 1981.

    We offer a full range of corporate services at simple, affordable and transparent prices. These include Cloud Accounting, Taxation, Payroll, Immigration, and Compliance. We use a state of the art online platform for all our clients and offer the ability for clients to have access to their own client portal. The platform has been designed to help business owners and entrepreneurs cut through the fog of corporate services offerings for their Singapore entity.

    Contact us today to start your company or to move the administration of your company to us.
    Scroll to Top