October 17, 2019

IRAS Year of Assessment for Tax filing: Tax Facts

By Singaporean law, individuals (employees or sole proprietors) and companies are required to file their annual income tax returns to the Inland Revenue Authority of Singapore (IRAS). What is Year of Assessment (YA)? The IRAS defines Year of Assessment as the year income tax is computed, filed to tax authorities and tax bills are settled.…

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Tax Dept