23 January 2014
The Estimated Chargeable Income (ECI) Form for the Year of Assessment 2015 is now available on the Inland Revenue Authority of Singapore website.
Companies are required to furnish their ECI within three months from the end of their financial year end.
As an administrative concession, companies do not need to file an ECI if:
- their annual revenue is S$1 million or below for the financial year end; and
- their ECI is estimated to be nil.
Companies are encouraged to e-file their ECI to enjoy up to 10 monthly instalments to pay their estimated tax.
Source: Inland Revenue Authority of Singapore