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  1. Feb 16, 2021 · As part of the COVID-19 Resilience Package, the the COVID-19 Recovery Grant provides temporary financial support for workers who are presently experiencing involuntary job loss, or involuntary no-pay leave due to the economic impact of COVID-19.

    • Support For Companies
    • Support For Self-Employed
    • Property Tax Measures
    • Government Cash Grant

    Automatic Deferment of Corporate Income Tax (CIT) Payments

    All companies with CIT payments due in the months of April, May and June 2020 will be granted an automatic three-month deferment of these payments. The CIT payments that are deferred from April, May and June 2020 will be collected in July, August and September 2020 respectively. Companies can expect to receive a letter from IRAS by April 2020. Those on GIRO and have ongoing CIT payments due in April, May and June 2020 can view their revised instalment plans at myTax Portalin early May 2020. C...

    A. Automatic Deferment of GIRO Deductions for Self-Employed Individuals

    Your income tax payments due in May, June and July 2020 will be deferred automatically for three months to August, September and October 2020 respectively. This means that there will be no income tax payments in May, June and July 2020. No application is required.

    B. Payment Extension for One-Time Payments

    For one-time income tax payments due in May, June and July 2020, there will be a 3-month deferment to August, September and October 2020 respectively. For example, if the due date is initially 15 May 2020, the extended due date for payment will be 15 August 2020. No application is required.

    Non-residential properties will be granted property tax rebate for the period 1 January 2020 to 31 December 2020. Commercial properties badly affected by COVID-19 like hotels, serviced apartments, tourist attractions, shops and restaurants will receive a 100% rebate. Other non-residential properties such as offices and industrial properties will ge...

    The Government announced on 26 May 2020 as part of the Fortitude Budget, a Government cash grant to qualifying property owners that would support rental relief for Small and Medium Enterprises (SMEs) and specified Non-Profit Organisations (NPOs) tenant-occupiers of prescribed properties. The amendments to the COVID-19 (Temporary Measures) Act 2020 ...

  2. www.mof.gov.sg › singapore-budget › budget-2020MOF | Budget 2020

    Subsequently, DPM Heng introduced the Resilience Budget on 26 March 2020, the Solidarity Budget on 6 April 2020, the Fortitude Budget on 26 May 2020, the Ministerial Statement on 17 August 2020, and the Ministerial Statement on 5 October 2020.

  3. Apr 6, 2020 · Every Singaporean will receive additional $300, on top of the $300- to $900 announced earlier. On 18 February 2020, Deputy Prime Minister and Minister for Finance Heng Swee Keat announced the “Unity” Budget, which included measures to cushion the impact of COVID-19 for families.

  4. Mar 26, 2020 · To further support Singapore businesses and workers during the COVID-19 outbreak, the Government has unveiled a Resilience Budget on 26 March 2020 - on top of the Stabilisation and Support Package introduced at Budget 2020 in February.

  5. Mar 26, 2020 · Updated. Mar 26, 2020, 07:08 PM. Deputy Prime Minister Heng Swee Keat unveiled his Supplementary Budget in Parliament as Singapore grapples with an unprecedented crisis posed by the coronavirus...

  6. Mar 26, 2020 · A $145mil package will support those who had lost jobs because of COVID-19. A COVID-19 Support Grant will provide lower and middle-income workers who lost their jobs with $800 every month for 3 months.

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