Singapore government has announced Fortitude Budget on 26/05/2020.

1. Enhanced Jobs Support Scheme (JSS)
   • Extension of JSS to cover wages paid in August 2020
   • Update of base tier of support for severely-affected sectors
   • Only employers who are not allowed to resume operations will continue to receive 75% support for wages paid to local employees, during the period for which they are not allowed to resume operations, or until August 2020, whichever is earlier. Pro-ration will be applied if operations resume in the middle of the month
   • The below table will apply once the employer is allowed to resume operations
2. Supporting Enterprises
   • Helping with Cash Flow, Costs and Credit
     • Foreign worker levy waiver and rebate
       • Extended by up to 2 months for businesses that are not allowed to resume operations after the circuit breaker
         • 100% waiver and $750 rebate in June 2020
         • 50% waiver and $375 rebate in July 2020
     •  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
3. Rental Relief for Tenants in Government and Private Non-Residential Properties
   • Rental Relief for SME Tenants in Private Non-Residential Properties
     • For SME tenants (i.e. with not more than $100 million in annual turnover*) with qualifying leases or licenses commencing before 25 March 2020
     • *This will be based on Corporate Tax and Individual Income Tax returns for the Year of Assessment 2019

     • No	Rental relief schemes	Qualifying criteria	Amount of relief for qualifying commercial property	Amount of relief for other nonresidential properties (e.g. industrial and office properties)
       1	Property Tax Rebate for nonresidential properties, announced earlier in the Unity and Resilience Budgets	The rebate is given to property owners, who are required to pass it on fully to their tenants*	100% Property Tax Rebate (equivalent to about 1.2 month’s of rent)	30% Property Tax Rebate (equivalent to about 0.36 month’s of rent)
       2	Government cash grant [New]	SME tenants in private properties**	Cash grant of ~0.8 month’s of rent, which will be automatically disbursed to property owners from end-July 2020 Landlords are required to pass on the benefit to their SME tenants	Cash grant of ~0.64 month’s of rent, which will be automatically disbursed to property owners from end-July 2020 Landlords are required to pass on the benefit to their SME tenants

     • For property owners whose properties are only partially let out, or whose properties are let out to both SME and non-SME tenants under a single property tax account, they will not automatically receive the government cash grant. In such instances, the property owner should submit an application to IRAS, and provide supporting documents, including proof of SME tenants within its property. IRAS will pro-rate the government cash grant accordingly
   • Mandated rental waiver by landlords
     • The Ministry of Law will also be introducing a new Bill mandating that landlords grant rental waivers to qualifying SME tenants
     • If the new Bill is passed by Parliament, SME tenants of qualifying commercial properties who have suffered a significant revenue drop will benefit from a total of four months of rental relief shared equally between the Government and landlords
   • Rental relief for government tenants

     • Tenant Type	Previous	New	Total
       Stallholders of hawker centres and markets	3 months	2 months	5 months
       Commercial	2 months	2 months	4 months
       Industrial, office and agricultural	1 month	1 month	2 months

4. Supporting for Digital Transformation
   • Adopting e-payments
     • Bonus of $300 per month over 5 months to encourage adoption of e-payments by stallholders in
       • Hawker centres
       • Wet markets
       • Coffee shops
       • Industrial canteens
   • Digital Resilience Bonus

   • 	Baseline	Category 1 ($2,500)	Category 2 ($2,500)	Category 3 ($5,000)
     Food Services	PayNow Corporate and e-invoicing	Business process solutions: (i)Accounting; (ii)HR/Payroll (iii)Digital ordering (dine in/takeaway)	Digital presence: online food delivery (via food delivery platforms or own online shopfront) or e-procurement	Data-driven operations: data mining and analytics
     Retail	PayNow Corporate and e-invoicing	(i)Accounting; (ii)HR/Payroll; (iii)Inventory management	Digital presence: e-commerce	Data-driven operations: data mining and analytics

5. SGUnited Jobs and Skills Package
   • Enhanced Hiring Incentive