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The official Telegram Channel for the Inland Revenue Authority of Singapore.
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Considering a new business arrangement or a deal that seems too good to pass up? Take a closer look. If it sounds too good to be true, it probably is.
 
🚩 Learn about possible red flags highlighted in a real case where GST input tax claims were denied because the underlying transactions could not be proven genuine. Read the case: go.gov.sg/beyondtaxinvoices
 
These are only some of the warning signs. Stay alert, know who you are doing business with and take active steps to protect your business.
 
#SGBusiness #GSTCompliance
Need help understanding your Corporate Income Tax (CIT) filing obligations?
 
Watch our e‑Learning video at your own pace for step‑by‑step guidance on CIT filing requirements, so you can file with confidence when filing season arrives.

Find out more in the e-Learning video at https://go.gov.sg/cit-ya2026video.
 
#CorporateIncomeTax2026
The myTax Portal Troubleshooting Assistant for Corporate Income Tax (CIT) is a new self-help resource for companies, providing instant, step-by-step guidance to help resolve technical issues when accessing Corporate Income Tax digital services in myTax Portal.
 
Access it at https://go.gov.sg/iras-cit-mtp-selfhelp.
 
As a friendly reminder, the filing deadline for CIT is 30 Nov 2026 - do file early to avoid the last-minute rush.
 
#CorporateIncomeTax2026
Don’t miss out on important updates relating to #CorporateIncomeTax2026. Update your email addresses and notification preferences at https://go.gov.sg/irasnoticepreferences to be notified when your company’s notices are ready for viewing at myTax Portal.
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Do you need help filing your Corporate Income Tax Return? Learn more at https://go.gov.sg/CITGuidance or check out our comprehensive playlist of e-Learning videos at https://go.gov.sg/CITeLearning.
 
Remember to file your Corporate Income Tax Return (Form C-S/ Form C-S (Lite)/ Form C) at myTax Portal by 30 Nov 2026.
 
#CorporateIncomeTax2026
✅ Prepare your company's Corporate Income Tax (CIT) Return with greater clarity – use the Business Expense Deductibility Checker to check whether common business expenses are tax-deductible.
 
🔎 Try it now at https://go.gov.sg/iras-ctexpense-checker. 
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Why is your GST filing period different from your friend’s? 🤔  
  
The answer is simple: Your prescribed accounting period determines your GST filing schedule.   
  
Find out more at https://go.gov.sg/gst-filing-deadlines.
💡 When can your business start charging GST?

Only from your GST registration effective date. 📩 IRAS will notify you once your GST registration is approved.

⚠️ Do not charge or collect GST if your business is not GST-registered – doing so can have serious consequences.

🔗 Learn more at https://go.gov.sg/wrongful-gst-collection.
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🎓 Congratulations to Lui Kuan Yew, recipient of the IRAS Top Student Award in Taxation from the Singapore Institute of Technology’s (SIT) Bachelor of Accountancy with Honours programme.
 
We were delighted to attend SIT’s Convocation to celebrate this significant milestone for Kuan Yew and congratulate him on his achievements. The IRAS Top Student Award in Taxation recognises students who have demonstrated dedication and academic excellence, and we wish him success as he embarks on his career. 🌟
 
During our visit, we also had the opportunity to reconnect with Connie Wong from SIT to explore new internship partnerships and outreach opportunities for taxation students. Through these collaborations, IRAS remains committed to nurturing the next generation of talent as they discover opportunities in tax and beyond, while building the skills and knowledge to make a meaningful impact.
 
#IRAS #SIT #Convocation #TaxProfession #TaxAndBeyond
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#ICYMI, we are now in the #CorporateIncomeTax2026 Filing Season.
 
Filing of Form C-S/ Form C-S (Lite)/ Form C by 30 Nov 2026 is mandatory for all companies unless your company has been granted a waiver to file the Corporate Income Tax Return.
 
File your tax return early to avoid the last-minute rush.
 
More information can be found at https://go.gov.sg/cit-2026.
The #CorporateIncomeTax2026 filing deadline of 30 Nov 2026 is fast approaching.
 
To submit Form C/ Form C-S/ Form C-S (Lite) at myTax Portal, ensure that you or your staff has been assigned with the ‘Approver’ role for ‘Corporate Tax (Filing and Applications)’ digital service in Corppass.
 
Failure to file the tax return by the deadline is an offence under the Income Tax Act 1947, and you may be subject to penalties of up to $5,000.
#Didyouknow? Businesses can onboard InvoiceNow early, ahead of their mandatory GST InvoiceNow Requirement implementation date.

To help guide businesses in their transition to the GST InvoiceNow Requirement, the #IRASFam met with the Central Depository (CDP). Our discussion focused on practical operational details – including invoice transmission roles, compliance with Mandatory Data Elements, maintaining robust data privacy and security, and the transitional approach while their trading partners progressively come onboard InvoiceNow.

🔗 Visit https://go.gov.sg/iras-gst-invoicenow-requirement to learn more about the GST InvoiceNow Requirement.

#GSTInvoiceNowRequirement #OnTheGround #SectorEngagements
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To help companies cope with rising costs, all taxpaying companies will receive an enhanced Corporate Income Tax (CIT) Rebate of 50% of the corporate tax payable for YA 2026, which will be automatically computed and allowed in the tax assessment. Your company’s chargeable income declared in your CIT Return should not include the CIT Rebate.
 
Learn more at https://go.gov.sg/cit-taxexemption.
 
#CorporateIncomeTax2026