TaxSavvySG

Late personal return

I missed the tax deadline. What happens?

The situation

Late filing can lead to estimated assessments, composition fines and, in serious cases, court action.

The law

  • Sec 62, Income Tax Act 1947: Every company and individual files an income tax return when required by IRAS

What it means for you

File as soon as you can. IRAS often issues a reminder and a fine. An estimated assessment must be paid even if disputed; filing your return replaces it.

What to do

  1. File now.
  2. Pay any fine.
  3. Pay tax per NOA.
  4. Set reminders.

We can do this for youIndividual income tax return for employees and self-employed: SGD 200

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