Tax associate

Job Description

The Tax Agent is responsible for supporting clients in meeting their corporate tax compliance obligations in Singapore. This includes the preparation of tax computations, filing of statutory returns, and providing basic tax advisory support to ensure compliance with regulations issued by the Inland Revenue Authority of Singapore.

Key Responsibilities / Job Scope

1. Tax Compliance & Filing

• Prepare and review corporate tax computations in accordance with Singapore tax regulations
• Prepare and file Estimated Chargeable Income (ECI) with IRAS within statutory deadlines
• Prepare and submit Corporate Income Tax Returns (Form C / Form C-S / Form C-S Lite)
• Ensure timely and accurate compliance with all filing requirements

2. Tax Computation & Analysis

• Analyse financial statements to identify tax adjustments (non-deductible expenses, capital allowances, etc.)
• Compute capital allowances, deferred tax adjustments, and other tax-related schedules
• Reconcile accounting profit to taxable income

3. Client Management

• Liaise with clients to obtain necessary financial and supporting documents
• Provide clarification on tax positions and compliance requirements
• Follow up on outstanding information and deadlines

4. Liaison with Authorities

• Handle queries, audits, and correspondence with IRAS
• Assist in responding to tax queries, notices, and assessments

5. Advisory Support

• Provide basic tax advisory on compliance matters (e.g. deductibility, tax treatment of transactions)
• Highlight potential tax risks and opportunities for clients

6. Process & Documentation

• Maintain proper documentation and working papers for all tax engagements
• Ensure internal compliance with firm policies and quality standards

Requirements

• Degree in Accountancy, Finance, or related field
• Familiarity with Singapore Income Tax Act and IRAS guidelines
• Experience in tax computation and ECI filing preferred
• Proficiency in accounting and tax software