Course Description

This module is part of the Corporate Income Tax series, featuring IRAS educational content available as of September 2026. Content is based on prevailing laws and practices and maybe subject to changes.

Synopsis:

Gain a practical understanding of key corporate income tax deductions and reliefs, from deductible business expenses and renovation costs to capital allowances, trade losses, donations and common tax reliefs. Learn how these provisions apply and their impact on a company's tax position.

Corporate Tax Series:

Intended For:

Audit Professionals / PAIP
Finance Professionals / PAIB
Business Owners

Company representatives who are responsible for the preparation and filing of the Corporate Income Tax Return and other Corporate Income Tax matters are encouraged to watch the module.

Competency Mapping:

CPE Category "Others" = 1.0 CPE Hour

Tax Deductibility of Expenses
Tax Deductibility of Pre-commencement Expenses
Tax Deductibility of Motor Vehicle Expenses
Tax Deductibility of Medical Expenses
Renovation or Refurbishment (R&R) Works
Capital Allowances
Unutilised Capital Allowances & Trade Losses
Approved Donations & Unutilised Donations
Common Tax Reliefs to Help Reduce Tax Bills

Additional Readings on Corporate Income Tax

IRAS (Inland Revenue Authority of Singapore)

The Inland Revenue Authority of Singapore (IRAS) is the largest revenue agency in Singapore responsible for the administration of taxes. We are a partner of the community in nation-building and inclusive growth. We support Singapore’s sustainable economic growth by fostering a competitive tax environment and administering Government schemes.

View profile