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Glossary

Year of Assessment

Definition

Finance and Economy Inland Revenue Authority of Singapore

The year in which income is assessed to tax in Singapore, generally using income from the preceding basis period.

Example: Income earned during the 2025 basis period is generally assessed in YA 2026.

Also known as: YA, tax Year of Assessment

Context: Use the official order Year of Assessment and the abbreviation YA; assessment year and AY may mean something else in workplace or education contexts.

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