Key dates for small businesses in 2024 [Singapore]

Published

18 Jan 2023

Key dates for small businesses in 2024 [Singapore]

1 min read

Planning ahead is one of the most important parts of running a business. And as the year draws to a close, it’s best to get a headstart with your 2024 plans by firstly identifying the most important dates for your business. In fast-paced Singapore where everyone is constantly working on different tasks and projects, it can be hard to keep track of key upcoming dates when you already have a long list of priorities. We want to see Singaporean businesses grow and thrive. Ever heard of the saying, “when you fail to plan, you plan to fail”? As a small business, it’s imperative for you to gear up for the busy seasons and be prepared with the resources you need to achieve your best sales yet. We’re here to help make things easier for you, so you can focus more on strategic plans for the year ahead. We’ve put together this comprehensive list of important dates for your business, so go ahead — download it, bookmark it, or print it out — whichever you prefer for easy reference when needed. In this downloadable calendar, we cover:

Tax return dates
Dates of upcoming legislation changes
Dates with increased consumer spending
Public holiday dates
School holiday dates
Other important dates small business owners should know

Fill up the form on your right and download our small business key dates calendar today!

Tax return dates in 2024

employee calculating numbers with a manual calculator

1st March 2024: E-submission of commission

Self-assessment tax return deadlines (applicable to sole proprietors & partnerships)

15th April 2024: File Individual Income Tax (Paper Form) 18th April 2024: File Individual Income Tax (Electronic)

Corporate tax filing deadlines

31st March 2024: File Estimated Chargeable Income (ECI) (Dec year-end) 30th June 2024: File Estimated Chargeable Income (ECI) (Mar year-end) 30th September 2024: File Estimated Chargeable Income (ECI) (Jun year-end) 30th November 2024: File Corporate Income Tax Return (Form C-S/ Form C-S (Lite)/ Form C) 31st December 2024: File Estimated Chargeable Income (ECI) (Sep year-end)

Goods and services tax filing deadlines (for businesses filing GST, quarterly)

31st January 2024: File GST Return (period ending in Dec) 30th April 2024: File GST Return (period ending in Mar) 31st July 2024: File GST Return (period ending in Jun) 31st October 2024: File GST Return (period ending in Sep)

Dates of upcoming legislation changes

1st January 2024: GST hike from 8% to 9% and increase in CPF Ordinary Wage ceiling from $6,300 to $6,800. February/March 2023: Release of Budget statement (ahead of the end of financial year).

Public holiday dates in Singapore

chinese family gathered around the table celebrating lunar new year

1st January 2024: New Year’s Day 10th February 2024: Chinese New Year 11th February 2024: Chinese New Year 12th February 2024: Chinese New Year 29th March 2024: Good Friday 10th April 2024: Hari Raya Puasa 1st May 2024: Labour Day 22nd May 2024: Vesak Day 17th June 2024: Hari Raya Haji 9th August 2024: National Day 31st October 2024: Deepavali 25th December 2024: Christmas

School holiday dates in Singapore

9th to 17th March 2024: March holidays 25th May to 23rd June 2024: June holidays 31st Aug to 8th Sept 2024: September holidays 23rd Nov to 31st Dec 2024: End of year holidays

There are also five scheduled school holidays for 2024:

13th February 2024: Chinese New Year 30th June 2024: Youth Day 1st July 2024: School holiday from Youth Day 30th August 2024: Teachers’ Day 4th October 2024: Children’s Day

Dates with increased consumer spending

January: Chinese New Year sales April: Hari Raya sales August: National Day sales September to October: Great Singapore Sale November: Singles Day, Black Friday, and Cyber Monday sales December: Christmas sales Double digit sale days have also been trending in particular — for example 9.9, 10.10, 11.11, 12.12 and more.

Other important dates small business owners should know

family celebrating hari raya haji together

These dates are notable international days, observances and events that can be relevant to your business. 14th February 2024: Valentine’s Day 15th February 2024: Total Defence Day 8th March 2024: International Women’s Day 10th March to 8th April 2024: Ramadan 31st March 2024: Easter Sunday 1st April 2024: April Fool’s Day 22nd April 2024: Earth Day 12th May 2024: Mother’s Day 10th June 2024: Dragon Boat Festival 16th June 2024: Father’s Day 27th June 2024: Micro, Small and Medium Enterprises Day 1st July 2024: SAF Day 21st July 2024: Racial Harmony Day 20th to 22nd September 2024: Singapore Grand Prix 17th September 2024: Mid-Autumn Festival 10th October 2024: World Mental Health Day 31st October 2024: Halloween 24th December 2024: Christmas Eve 31st December 2024: New Year’s Eve

Download our small business key dates poster

Running a small business is no easy feat. There are so many important dates to remember throughout the year! When it comes to public holidays and leave management, working out accurate leave entitlements and pay rates can be challenging. That’s where Employment Hero payroll can help — our system automatically includes all Singapore public holidays and factors that into any calculations. It’s an important way to support compliance in the long term. Understanding the critical dates on the tax calendar and having access to an automated payroll system helps make managing your small business easier. Not to mention the fact that tax reporting to IRAS is also so much easier and fuss-free with automated software — it provides compliance confidence whilst reducing the chances of human error. Looking for more helpful resources? Check out our guide to payroll in Singapore. The smarter way to manage your payroll, people and productivity. For Singaporean small and medium businesses on the up.