{"id":21,"date":"2015-10-07T14:06:48","date_gmt":"2015-10-07T14:06:48","guid":{"rendered":"http:\/\/taxmakeeasy.sg\/?p=21"},"modified":"2020-08-19T16:52:06","modified_gmt":"2020-08-19T08:52:06","slug":"eci-manual-filing","status":"publish","type":"post","link":"https:\/\/www.taxmadeeasy.sg\/eci-manual-filing\/","title":{"rendered":"ECI – Manual Filing"},"content":{"rendered":"

\"Picture1\"<\/p>\n

Filing your Company\u2019s ECI is as simple as ABC, read on and find out more<\/p>\n

 <\/p>\n

<\/p>\n

So what exactly does ECI stand for?<\/p>\n

ECI = Estimated Chargeable Income<\/p>\n

So what is ECI?<\/p>\n

As the name suggests, ECI is an estimated tax that you pay to the IRAS\u00a0before filing the company’s actual tax on 30 November.<\/p>\n

Filing your company’s ECI is relatively easy and there are 2 ways to go about it. I will talk about manual filing in this post and electronic filing in the subsequent post.<\/p>\n

1. Manual Filing of ECI (by post and \/ or fax)<\/p>\n

First, download the excel spreadsheet form from the IRAS\u00a0website.<\/p>\n

Go to the tax authority website, search under keywords- ECI form.<\/p>\n

There are 2 different forms for manual ECI filing. Please choose the correct one. (Do not choose the tax agent form, that form is for me).<\/p>\n

Once you have downloaded the form, you will need to fill up the following:<\/p>\n

a. Tax reference number
\nb. Company name
\nc. Section A \u2013 Tax Exemption
\nd. First YA of your company (for tax exemption purposes)
\ne. Revenue in SGD
\nf. ECI – 17% unless you are aware of different tax rate your company can enjoy.
\ng. Particulars of person filling up the form<\/p>\n

If you are unsure whether you qualify for full tax exemption, kindly drop me an email and I can assist to assess whether your company qualifies.<\/p>\n

Once you have completed the necessary fields, you can:<\/p>\n

a. Fax the form (6351 4360) or
\nb. Mail or courier the form to Revenue House<\/p>\n

Manual filing option is preferred when you are unable to get yourself e-authorised in time to electronically file your company\u2019s estimated chargeable income.<\/p>\n","protected":false},"excerpt":{"rendered":"

Filing your Company\u2019s ECI is as simple as ABC, read on and find out more  <\/p>\n","protected":false},"author":1,"featured_media":55,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[9,10,8,6],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\t\n\t\n\t\n