Photo by Nataliya Vaitkevich from Pexels

IRAS eases corporate income tax filing with enhanced digital resources

More than 320,000 companies will benefit from the expanded digital self-help suite.

The Inland Revenue Authority of Singapore (IRAS) opened its enhanced digital resources to make filing corporate income tax (CIT) returns easier ahead of the Year of Assessment (YA) 2026.

The authority expects more than 320,000 companies, including over 37,000 newly incorporated companies (NICS), to file their returns accurately and on time, ahead of the 30 November deadline.

The digital suite has seven new additions to make CIT filing easier.

In the pre-filing stage, firms can access the Filing Obligations Checker for NICS on the IRAS Chatbot, telling NICS whether and when they need to file a CIT Return.

A Record Keeping Assistant is also available to help companies keep and organise their business records more quickly and properly.

During filing, companies can watch IRAS’ e-Learning Webinar Series to understand their filing obligations and requirements through self-paced, step-by-step virtual guidance.

The Business Expense Deductibility Checker helps companies determine tax deductibility to clarify tax computations. The myTax Portal Troubleshooting Assistant for CIT provides guidance on common myTax Portal login and access issues.

After filing, companies can keep track of their filing through the Payment Status Checker and Objection Status Checker.

IRAS said that companies may be eligible for additional tax support measures, including CIT Rebate, CIT Rebate Cash Grant and/or SME Cash Grant 2026. Companies can also explore the Enterprise Innovation Scheme for artificial intelligence expenditures. 
 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

MPA, China Classification Society renew maritime pact
The expanded partnership covers green fuels, vessel electrification, autonomous ships and maritime talent development.
Singapore, Sweden deepen clean-energy cooperation
The partnership will focus on hydrogen, ammonia, regional power links and high-voltage transmission technologies.