Immediate support

Immediate support

In the wake of COVID-19, here are the available schemes to give your businesses immediate support and relief.

• Jobs Support Scheme (Additional support for affected businesses through Phase 2 (Heightened Alert)
  • Wage support for employers to retain their local employees during this period of uncertainty.
  • From 22 July to 18 August 2021, JSS support will be enhanced to 60% for sectors where the tightened measures require them to suspend many, if not all, of their activities. These include food & beverage (F&B) businesses, gyms, fitness studios, performing arts organisations and arts education centres. We will also enhance JSS support to 40% for sectors that are significantly affected by the restrictions. These include the retail sector, affected personal care services, tourist attractions, licensed hotels, cruise and regional ferry operators, MICE organisers, travel agents, museums, art galleries, cinema operators and other family entertainment centres. JSS support for these sectors will taper to 10% from 19 to 31 August 2021.
  • All active employers in specified sectors that meet the qualifying criteria and who have made mandatory CPF contributions before the stipulated deadline for their local employees will qualify for the payout.
  • More details on sectors can be found here: https://www.iras.gov.sg/schemes/disbursement-schemes/jobs-support-scheme-(jss)/specific-industries-in-tiers-and-ssic-codes
  • Find out more information from: https://go.gov.sg/jss
• Rental Support for SME and NPO Tenant-Occupiers of Commercial Properties
  • Rental cost support to ease cashflow difficulties for businesses affected by Phase 2 (HA) restrictions.
  • Hawkers in centres managed by NEA or NEA-appointed operators, SMEs and eligible NPOs with an annual revenue not exceeding $100 million, who are tenant-occupiers of qualifying commercial properties.
  • Find out more information from: https://www.iras.gov.sg/schemes/disbursement-schemes/government-cash-payout-(2021-rental-support-scheme)
• Jobs Growth Incentive (JGI)
  • Provides wage support to firms that meet the JGI qualifying criteria
  • Established on or before 16 August 2020 to qualify for the first phase of JGI (i.e. qualifying window of Sep 20 – Feb 21).
  • Established on or before 15 February 2021 to qualify for the second phase of JGI (i.e. qualifying window of Mar 21 – Sep 21)
  • Phase 1: Firms that had overall increase in local headcount and increase in locals earning at least $1,400/month, compared to the baseline (firm’s headcount as of August 2020).
  • Phase 2: Firms that had overall increase in local headcount and increase in locals earning at least $1,400/month, compared to the baseline (firm’s headcount as of February 2021).
  • Find out more information from: https://www.go.gov.sg/jgi
• Food Delivery Booster Package
  • Covers 20% of delivery cost per trip for delivery orders fulfilled through eligible third-party logistics partners, or 5% reduction in commission cost charged for food delivery using eligible food delivery platforms.
  • Find out more from: https://www.enterprisesg.gov.sg/industries/type/food-services/food-delivery-booster-package
• E-Commerce Booster Package
  • Retailers can engage one of the appointed e-commerce platforms to sell products online. Eligible local retailers will receive one-time support to defray 80% of qualifying costs, capped at $8000.
  • Find out more information from: https://www.enterprisesg.gov.sg/industries/type/retail/e-commerce-booster-package
• Enhanced Wage Credit Scheme (WCS)

  Wage increases are co-funded by the Government under WCS. An additional $500 million has been disbursed, on top of $600m disbursed in March 2020. WCS has been extended by one year to 2021 with the government co-funding 15% and the qualifying gross wage ceiling set at $5,000.

  Check for eligibility here.

• Property tax rebate for 2020
  • 100% rebate for qualifying commercial properties
  • 60% rebate for the Integrated Resorts
  • 30% rebate for other non-residential properties
  • Laws to ensure property owners pass on Property Tax rebate to tenants

  Find out more about the new Bill at Ministry of Law (MinLaw).

• Rental waivers
  • 5 months’ rental waiver for stallholders in hawker centres and markets, with a minimum waiver of $200 per month
  • 4 months’ rental waiver for commercial tenants in government-owned/managed residential premises
  • 2 months’ rental waiver for non-resident tenants in government-owned/managed residential premises

  Find out more rebate details for National Environment Agency (NEA), Housing & Development Board (HDB), Singapore Land Authority (SLA) and Ministry of Culture, Community & Youth (MCCY).

• Government cash grant for SME tenants in private properties

  Automatically disbursed to qualifying property owners from end-July 2020

  • Cash grant of ~0.8 month’s of rent for qualifying commercial property owners
  • Cash grant of ~0.64 month’s of rent for qualifying non-residential property owners, e.g. industrial and office properties

  Click here for full details from Ministry of Finance (MOF).

• Corporate income tax rebate

  Corporate Income Tax Rebate for YA2020

  • 25% of tax payable, capped at $15,000 per company

  Find out more at Inland Revenue Authority of Singapore (IRAS).

• Deferment of higher CPF contribution rates

  Increase in CPF contribution rates for senior workers deferred by 1 year, from 1 January 2021 to 1 January 2022.

• Season parking waiver for private bus season parking holders
  • On 26 March 2020, the government announced the Private Bus Support Package (PBSP). As part of the PBSP, private bus (including coach) season parking pass holders at all Government-owned car parks received a 6-month waiver of season parking fees from 1 May to 31 October 2020.
  • With effect from 31 October 2020, this season parking waiver will be extended till 31 March 2021.

  Download PDF for Season Parking Waiver Extension details.

  Download PDF for Season Parking Waiver Extension FAQ.