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The identification of a fiscal year is the calendar year in which it ends; the current fiscal year is often written as "FY25" or "FY2024-25", which began on 1 October and will end on 30 September. In 1843, the federal government changed the fiscal year from a calendar year to one starting on 1 July, [ 68 ] which lasted until 1976.
22 March – Defence Minister Ng Eng Hen announced that this year's National Day Parade will be held at The Float @ Marina Bay due to a delay in constructing NS Square caused by the COVID-19 pandemic. The facility will only start construction in 2023 with completion in 2026. [33] [34] 24 March –
Under this method, the company's fiscal year is defined as the final Saturday (or other day selected) in the fiscal year end month. For example, if the fiscal year end month is August, the company's year end could fall on any date from August 25 to August 31. In particular, the last fiscal week is the one that includes August 25 and the first ...
Important 2021 Tax Due Dates for Individuals. Jan. 18, 2022 If you are required to make estimated tax payments, your payment for the fourth quarter of tax year 2021 is due on this date. Submit ...
All examples use example date 2021-03-31 / 2021 March 31 / 31 March 2021 / March 31, 2021 – except where a single-digit day is illustrated. Basic components of a calendar date for the most common calendar systems: D – day; M – month; Y – year; Specific formats for the basic components: yy – two-digit year, e.g. 24; yyyy – four-digit ...
21 August – The National Day Parade 2021 takes place at The Float @ Marina Bay. This is the last major event and is followed by The National Day Parade 2022 before The Float makes way for NS Square. [83] 24 August to 5 September – 10 athletes from Singapore compete at the 2020 Summer Paralympics in Tokyo, Japan.
Two separate lockdowns ran from 16 May 2021 to 13 June 2021 [26] [27] and 23 July to 9 August 2021, but in between 14 June 2021 and 23 July 2021, the government only allowed a reopening similar to Phase 1 of June 2020. [28] The government then changed the reopening plan to only allow vaccinated persons to use certain services from August 2021. [29]
In such a case, companies can claim Foreign Tax Credit (FTC) payable on the same income. As companies are taxed only on the preceding year, there is a need for business owners to truly understand the difference between "year of assessment" [3] and "basis period". Companies are taxed at a flat rate of 17% of their chargeable income.