• Mr Accountant

IRAS Estimated Chargeable Income (ECI)



Mr Accountant will like to remind all companies to file their ECI within 3 months from the end of their financial year unless they qualify for the waiver to file ECI.


Company with annual revenue below $5 million for the financial year and ECI is nil for the year of assessment qualify for the waiver to file ECI.


IRAS may issue an estimated NOA if a company fails to file its ECI as required.


As announced in Budget 2016, e-Filing of ECI will be made compulsory in a phased approach from Years of Assessment (YAs) 2018 to 2020

YA2018

Companies with turnover more than $10 million in YA2017


YA2019

Companies with turnover more than $1 million in YA2018


YA2020

All companies


Email Mr Accountant at contact@mraccountant.sg to enjoy free consultation on IRAS ECI.



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