What is Estimated Chargeable Income (ECI)?

What is Estimated Chargeable Income (ECI)?
预估应税收入表(ECI)是什么?

ECI, as the name suggests, is the estimated income for the financial year ended. As a business owner, you need to file ECI with IRAS because they want to raise an early assessment. Since it is only estimated, you do not need to be 100% accurate. If your actual chargeable income is different, IRAS will raise an amended assessment.

顾名思义,ECI是截至本财政年度的估计收入。作为一名企业主,您需要向IRAS提交ECI,因为他们想提前评估。因为这只是估计,您不需要100%准确。如果您的实际应税收入不同,税务局会提出修订后的评税。

The Importance of Filing ECI
上报企业预估应税收入表的重要性

Filing ECI is important if you are in a tax payable position. IRAS granted businesses which file ECI early instalments in their tax payments. Instead of paying a lump sum of taxes, you will be paying your taxes over a few months. This will help in your business cash flows. But do note that if you meet the following conditions, you do not have to file ECI:
1. Your ECI is nil.
2. Your revenue is less than $5 million.

如果您处于应纳税状态,填写ECI非常重要。新加坡税务局批准企业在其纳税额中提前分期缴纳企业所得税。您将在几个月内缴税,而不是一次性缴税。这将有助于您的业务现金流。但请注意,如果满足以下条件,则无需提交ECI:
1. 您公司的ECI为零。
2. 您公司的收入不足500万新元。

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