COVID-19 IRAS Tax updates
Extended Extends tax deadlines
Due to the Covid-19 Situation and the Circuit Breaker measures that are implemented. IRAS has announced extended deadlines for the business and individuals. These extended deadlines will give us a sigh of relief.
| S/N | Tax Type | Original Filing Deadline | Extended Filing Deadline New |
| 1 | Income Tax for Individuals (including sole proprietors and partnerships) | 18 Apr 2020 | 31 May 2020 |
| 2 | Income Tax for Trusts, Clubs and Associations | 15 Apr 2020 | 30 Jun 2020 |
| 3 | Estimated Chargeable Income (ECI) for companies with Financial Year ending Jan 2020 | 30 Apr 2020 | 30 Jun 2020 |
| 4 | Estimated Chargeable Income (ECI) for companies with Financial Year ending Feb 2020 | 31 May 2020 | 30 Jun 2020 |
| 5 | GST Returns for accounting period ending Mar 2020 [1] | 30 Apr 2020 | 11 May 2020 |
| 6 | S45 Withholding Tax Forms due in Apr 2020 | 15 Apr 2020 | 15 May 2020 |
| 7 | Tax Clearances for foreign employee in Apr 2020 | – | 30 Jun 2020 |
| 8 | Tax Clearances for foreign employees due in May 2020 | – | 30 Jun 2020 |
| 9 | CRS Return for Reporting Year 2019 | 31 May 2020 | 31 Aug 2020 |
| 10 | FATCA Return for Reporting Year 2019 | 31 May 2020 | 31 Aug 2020 |
GST Registered businesses can file their GST with the available information. The company can amend the GST return based on the actual information by 11 August 2020 for Q1 returns.