15 April 2015 is the last day to file your income tax for YA 2014 if you are submitting paper tax form.
18 April 2015 is the last day to file your income tax for YA 2014 if you are doing e-filing.
Please remember to do so to avoid penalty.
How do I know if I need to file for income tax?
If you have received any letter, form or SMS informing you to file an Income Tax Return, you must file regardless of the amount of your annual income in the previous year or whether your employer is participating in the Auto-Inclusion Scheme (AIS) for Employment Income.
How do I know if I need to pay income tax?
If your chargeable income exceeded S$20,000.00 for YA 2014, you wil need to pay income tax.
Chargeable income = Gross income - All reliefs
You may find more information here.
Tags: Singapore, income, tax, IRAS, YA2014
No comments:
Post a Comment