S/N

Payout

Purpose of Payout

Tax Treatment of Payout

1

Self-Employed Person Income Relief Scheme payout

To help eligible self-employed persons (SEPs) tide over this period of economic uncertainty

NOT taxable as the payout is meant to support individuals through the exceptional circumstances arising from the COVID-19 pandemic

2

COVID-19 Support Grant

To support individuals who have lost their jobs as a result of the COVID-19 pandemic, while they find a new job or attend training

3

Workfare Special Payment (under Care and Support package)

To provide support to Singaporeans during this period of economic uncertainty

4

Temporary Relief Fund payout

To support those who require immediate help to cope with basic living expenses as a result of the COVID-19 pandemic

5

NTUC Care Fund (COVID-19) payout

To provide one-off financial assistance to National Trades Union Congress (NTUC) union members who are in financial difficulty or retrenched due to the COVID-19 pandemic

6

Wage support for tourist guides licensed by the Singapore Tourism Board

Payout to Singaporean seafarers funded by the Maritime and Port Authority of Singapore under the Seafarers Relief Package

To provide wage support for licensed tourist guides

NOT taxable as the payout is meant to support individuals through the exceptional circumstances arising from the COVID-19 pandemic

7

To assist Singaporean seafarers who are unable to secure shipboard employment

8

Jobs Support Scheme Payout

To help enterprises retain local employees (Singapore Citizens and Permanent Residents) during this period of economic uncertainty

NOT taxable as the payout is to help employers retain their local employees by providing cashflow support or mitigate the financial impact of COVID-19 containment measures for employers and SEPs

9

COVID-19 Quarantine Order Allowance scheme payout

COVID-19 Leave-of Absence (LOA) scheme payout

To mitigate the financial impact for those who have been served, or whose workers have been served, a Quarantine Order, LOA or SHN

COVID-19 Stay-Home Notice (SHN) scheme Payout

10

Courage Fund COVID19 Relief schemes

For more information on the schemes, please refer to NCSS

To provide relief and support to low-income families, healthcare workers and other specified individuals who have supported the national response to COVID-19 and in doing so, contracted COVID19

NOT taxable as these are unconditional gifts

S/N

Payout

Purpose of Payout

Tax Treatment of Payout

1

Temporary Housing Support for employers affected by Malaysia's Movement Control Order

To help employers defray the additional costs of providing short-term housing to affected workers

Taxable as the payout received is to defray the operating costs of a business and is revenue in nature

2

Senior Worker Support Package

• Senior Employment Credit

• CPF Transition Offset Scheme

• Senior Worker Early Adopter Grant

• Part Time Reemployment Grant

To support employment of senior workers

3

Assistance scheme to defray third-party professional cleaning and disinfection costs for premises with confirmed COVID-19 cases

To provide assistance to defray cleaning costs for premises with confirmed COVID-19 cases

4

Special relief for unhired taxis

To help taxi operators defray the costs of their unhired fleet of taxis

5

Wage Credit Scheme (including the enhancements made as part of the Stabilisation and Support Package in Budget 2020)

To support wage increases for Singaporean workers

6

Jobs Growth Incentive

To provide wage support to eligible employers with new local hires between Sep 2020 and Feb 2021

7

Construction Restart Booster

To help construction firms defray costs in procuring additional materials/equipment to comply with COVID-Safe Worksite requirements