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Q:
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What is Form C-S (Lite)?
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A:
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Form C-S (Lite) is a simplified income tax return requiring only six essential fields to be completed for companies with straight-forward tax matters.
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Q:
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Why is Form C-S (Lite) Introduced?
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A:
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Form C-S (Lite) is introduced from YA2020 to further enhance the e-filing experience of small companies. With Form C-S (Lite), tax filing is made easier and faster for small companies.
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Q:
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Who can file Form C-S (Lite)?
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A:
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To qualify, companies must:
Have an annual revenue of SGD200,000 or below, and
Meet the existing Form C-S qualifying condition
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Q:
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When to file Form C-S (Lite)?
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A:
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Companies are required to file their Corporate Income Tax Returns for YA2020 by 15 December 2020.
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Q:
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How to file Form C-S (Lite)?
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A:
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From YA2020, all companies are required to e-file their Corporate Income Tax Returns via myTax Portal .
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FAQ
