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Decay 50-28.1 March 6, 2009, Change 1, April 8, 2010, TABLE OF CONTENTS SUMMARY OF CHANGES. Changes were made to incorporate HR Policy 50-07, Compensatory Time Off for Temporary Duty Travel, dated
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What is decam 50?
Decam 50 stands for Declaration of Estimated Chargeable Income (ECI) and Estimated Income Tax Payable. It is a form that businesses in Singapore use to estimate their chargeable income and income tax payable for the current year.
Who is required to file decam 50?
All companies in Singapore are required to file decam 50 if their annual revenue exceeds S$1 million, or if their ECI is more than zero.
How to fill out decam 50?
Decam 50 can be filled out online through the Inland Revenue Authority of Singapore (IRAS) website using the company's SingPass. The form requires information such as revenue, expenses, and estimated chargeable income.
What is the purpose of decam 50?
The purpose of decam 50 is to help companies in Singapore estimate their chargeable income and income tax payable for the current year, so that they can plan and budget accordingly.
What information must be reported on decam 50?
Information such as revenue, expenses, estimated chargeable income, and income tax payable must be reported on decam 50.
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