Securing revenue for Singapore’s economic & social growth | Singapore’s Best Employers | SOI Top 300
Singapore
Joined March 2010
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Your company should prepare its tax computation before filing Form C-S/ Form C-S (Lite)/ Form C.
Use IRAS’ Basic Corporate Income Tax Calculator at go.gov.sg/BCTC to guide you in preparing your company’s tax computation today.
#CorporateIncomeTax2026
Your career is more than just a job. It’s an opportunity to make a difference.✨
🎓 Over August to October, we connected with aspiring young talents at seven career fairs – Tax Talent Connect 2026, SMU Law Fair, SMU Career Fair, Nanyang Business School Career Day 2026, NUS Business School Career Fair, SIM IGNITE Career Fair and Singapore Computer Society (SCS) TechConnect 2026.
From exploring career aspirations to discovering new possibilities, it was a pleasure connecting with students and sharing how a career at IRAS goes beyond tax and numbers. Whether your interests lie in tax, law, or data analytics, there are opportunities to grow, develop your skills and contribute to work that makes a meaningful impact on Singapore.
A big thank you to all the students who stopped by to chat with the #IRASFam. We hope our conversations gave you a fresh perspective of #LifeAtIRAS and the work we do. As you take your next step from campus to career, consider a place where you can grow professionally and make a difference at IRAS.
👉 Ready to explore your possibilities? Discover career opportunities at IRAS: go.gov.sg/iras-careers
#TaxAndBeyond #CareerFair
Deductible business expenses reduce your company’s taxable income and the amount of tax you need to pay.
Find out more at go.gov.sg/businessexpenses or watch our e-Learning video at go.gov.sg/cit-deductibility.
#CorporateIncomeTax2026
🚀 New enhancements are coming to myTax Portal.
To support these enhancements, certain digital services will be unavailable from 16 Dec 2026, and myTax Portal will be temporarily unavailable from 22 to 28 Dec 2026.
Please complete your digital service transactions early to avoid disruption.
Find out more about #myTaxEnhanced at go.gov.sg/enhancedmtp2026.
Some of the best business lessons come from mistakes. And they don’t always have to be your own.
Recent GST audits have uncovered issues involving fees, credit notes, transactions between related companies and input tax claims. These cases may be history, but the lessons remain relevant.
Learn from what happened, review your own GST practices and avoid repeating costly mistakes.
🔎 Explore real cases from recent GST audits and what your business can learn from them: go.gov.sg/gstaudit
#SGBusiness #GSTCompliance
🌐 IRAS remains committed to providing support through multiple touchpoints and engaging in over 1.25 million taxpayer interactions across its channels. Through continued digitalisation, most taxpayers navigate their obligations independently with ease.
More at #IRASAnnualReport2025: go.gov.sg/iras-ar
#TaxAndBeyond
IRAS is aware of misleading information being circulated, encouraging taxpayers to make false claims for employment expenses that were not incurred, or incorrect claims for expenses that are not allowable as tax deductions.
Taxpayers are advised not to rely on such information, and to ensure that the claims made in tax returns are valid, accurate, and properly substantiated.
👉 Made an incorrect or unsupported claim? Amend or withdraw it.
Make the necessary correction through the ‘Amend Tax Bill’ digital service at go.gov.sg/amend-tax-bill. If you are unable to do so through the service, submit a request to withdraw the claim at go.gov.sg/withdraw-employmen… or contact IRAS via live chat.
IRAS takes a serious view of false, incorrect and unsupported claims and will continue to monitor and take appropriate enforcement actions against taxpayers who deliberately abuse the tax system. Additional tax and penalties of up to three times the tax undercharged may be imposed for such claims. Individuals charged in court may also be liable to a fine not exceeding $10,000 or to imprisonment for a term not exceeding three years or to both.
🔗 Find out more about employment expense claims at go.gov.sg/iras-employment-ex…
🔗 Read the full media release here: go.gov.sg/falseclaims
Filing your Corporate Income Tax Return? One key step is determining which income is taxable.
Generally, income accrued in or derived from Singapore or received in Singapore from outside Singapore is taxable.
Find out more at go.gov.sg/taxableincome or watch our e-Learning video at go.gov.sg/cit-taxability.
#CorporateIncomeTax2026
🙋🏻♀️ At IRAS, we believe in empowering our people to reach their full potential by providing opportunities to learn, grow, and apply new skills for the future, as well as stay future-ready by leveraging AI.
More at #IRASAnnualReport2025: go.gov.sg/iras-ar
Discover how we go beyond tax to make a difference, and find out how you can be part of the journey: go.gov.sg/linkedin-iras-life
#TaxAndBeyond #IRASFam
We're answering your top 5 FAQs on the GST InvoiceNow Requirement 🙋💬
#5 of 5: Made a mistake on an invoice already submitted to IRAS? Don't worry, here's exactly what to do ✏️
Learn more about at go.gov.sg/iras-gst-invoiceno….
#YouAskWeAnswer #GSTInvoiceNowRequirement
More than 323,000 companies, including over 37,000 newly incorporated companies (NICs), can benefit from IRAS’ expanded and enhanced suite of digital self-help resources when filing their Corporate Income Tax (CIT) Returns for Year of Assessment (YA) 2026.
These resources are designed to help companies to file their CIT Returns accurately and on time, with greater certainty and fewer follow-up actions.
At IRAS, we are continually enhancing our digital resources to make tax compliance easier on running and growing their business.
Companies are reminded to file their YA 2026 CIT Returns by the filing deadline of 30 November 2026.
Find out more about IRAS’ enhanced digital resources in our media release: go.gov.sg/cit2026-mediarelea…
#CorporateIncomeTax2026
Looking for an easier way to file? Check if your company is eligible for simplified forms.
All companies must file their tax returns annually by 30 Nov, even if they did not receive any income or are making losses, unless they have obtained a waiver to file a return.
Find out more at go.gov.sg/simplifiedtaxfilin… and go.gov.sg/irasdormantcompani….
#CorporateIncomeTax2026
What happens when two tax authorities swap two officers for two weeks each? 🌏 IRAS' Property Tax Division recently embarked on a reciprocal externship programme with the United Kingdom's Valuation Office (VO), part of His Majesty's Revenue & Customs (HMRC) – a meaningful exchange to deepen knowledge, share best practices and strengthen professional ties between our two organisations. 👉 Swipe to find out more about the exchange!
Two countries, one shared commitment to learning and growth. We look forward to the continued connections and conversations this programme has sparked! 🌟
Keen to join the #IRASFam as a valuer? We’re hiring! Apply today: linkedin.com/jobs/view/42113…
#LifeAtIRAS #TaxAndBeyond #KnowledgeSharing
We're answering your top 5 FAQs on the GST InvoiceNow Requirement 🙋💬
#4 of 5: What types of transactions do you need to submit to IRAS? Find out what's in and what's out ➡️ go.gov.sg/iras-gstinvoicenow…
Learn more at go.gov.sg/iras-gst-invoiceno….
Keep a lookout for the next FAQ! 👀
#YouAskWeAnswer #GSTInvoiceNowRequirement
Before you file your GST return, run through these 3 checks 👇
✅ Supplier tax invoices are valid
✅ Input tax claiming conditions are met
✅ Ageing debts owed to suppliers have been paid off
If you have ageing debts to suppliers that remain unpaid beyond 12 months, you need to repay the input tax claimed previously to IRAS.
🔗 Learn more at:
go.gov.sg/paying-suppliers-a…
We're answering your top 5 FAQs on the GST InvoiceNow Requirement 🙋💬
#3 of 5: Will InvoiceNow replace your GST return submission? Short answer – no. Your invoice data submission via InvoiceNow and your GST return are two separate things. You will still need to file your GST returns in myTax Portal.
Learn more at go.gov.sg/iras-gst-invoiceno….
Watch this space for more! 🔎
#YouAskWeAnswer #GSTInvoiceNowRequirement
Qualifying companies can use Seamless Filing From Software (#SFFS) to prepare and file Form C-S to IRAS directly with just a few clicks.
Companies can enjoy further benefits up to YA 2027 when they submit their Form C-S with #SFFS:
1. Automatic extension of filing deadline by 15 days (i.e. from 30 Nov to 15 Dec)
2. Waiver of penalties for errors made due to unfamiliarity with the use of the software. The waiver does not apply to errors made without reasonable excuses, through negligence, or with willful intent to evade tax.
Find out more at go.gov.sg/biz-seamlessfiling….
#CorporateIncomeTax2026
