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Singapore: Tax relief measures allow for deferred tax payments (COVID-19)

Singapore: Tax relief measures

The Inland Revenue Authority of Singapore in April 2020 announced several tax concessions for companies and individuals in response to the current coronavirus (COVID-19) pandemic.


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The tax concessions provide some relief in terms of Singapore tax return filing and tax payment obligations. For instance, the annual income tax return filing deadline for individual taxpayers is extended to 31 May 2020. Individuals who pay their taxes in installments are allowed for May, June, and July 2020 to defer their payments for three months, until August 2020, and then to resume the payments. Employees who pay their taxes in a lump sum can defer this payment for three months.

Companies seeking a tax clearance in April 2020 will be allowed an additional month to file Form IR21.

Another tax concession provides that a permanent establishment will not be deemed to be created due to the unplanned presence of an employee who is working remotely in Singapore.

Read an April 2020 report [PDF 237 KB] prepared by the KPMG member firm in Singapore

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