What Happens if You Miss Your Tax Filing Deadline?

May 5, 2025 - Bureau Cat 🐱

We get it — tax deadlines can feel overwhelming.

But missing them in Singapore isn’t just a slap on the wrist —

it can hit your company hard.

 

Here’s what you risk if you’re late.

 


 

1️⃣ IRAS Late Filing Penalties

✅ Initial late fee: S$200–S$1,000

✅ Additional 5% penalty on unpaid tax

✅ Extra 1% per month (up to 12%) if still unpaid

 

These penalties snowball fast.

 


 

2️⃣ Summons to Court

If you ignore reminders, IRAS may issue a summons to court.

This can result in:

✅ Court fines

✅ A criminal record for the company or directors

 

Definitely not worth the risk.

 


 

3️⃣ Impact on Your Company

✅ Hurts your company’s compliance record

✅ Jeopardizes future financing or government grants

✅ Adds unnecessary legal and administrative headaches

 

Late filing shows poor governance — and investors take notice.

 


 

4️⃣ How to Avoid These Risks

✅ Track all IRAS deadlines carefully

✅ Work with experienced tax professionals

✅ Use automated systems to avoid human error

 

Stay ahead, not behind.

 


 

5️⃣ Why Work With Paperwork.sg?

We:

✅ Manage your corporate tax filings end to end

✅ Ensure deadlines are never missed

✅ Keep your business in good standing

 

👉 Let us handle your tax headaches