• Support for self-employed persons
• $3,000 cash payout each in May, July and October 2020
• Criteria broadened to benefit more self-employed persons
• $10/hour training allowance, on top of subsidies that cover up to 90% of course fees
• Applications closed on 31 December 2020

• Up to $700 a month for three months, for lower- to middle-income employees and self-employed persons (SEPs) who are financially impacted by COVID-19
• Applications open from 18 January 2021

Opportunities for individuals

• One-off $500 SkillsFuture Credit top-up for adult Singaporeans
• Check out the available courses
• Get your career advice here

Hiring incentive for employers who hire local workers, who had gone through reskilling or training programmes (replaced by Jobs Growth Incentive from 1 Sep 2020)

• 20% of monthly salary support for 6 months, capped at $6,000 in total, when hiring workers under aged 40
• 40% of monthly salary support for 6 months, capped at $12,000 in total, when hiring workers aged 40 and above

Support for enterprises to develop workers

• $10,000 SkillsFuture Enterprise Credit per enterprise to help upskill and reskill workforce
• Productivity Solutions Grant to help enterprises with job redesign

Jobs Growth Incentive

• $1 billion programme to support firms that will increase headcount of local workers from September 2020 to February 2021
• For each new local hire, employers will receive wage subsidy for 12 months
• Up to 25% wage subsidy for new hires below 40 years old, and
• Up to 50% for those aged 40 and above, both subject to cap

Extension of Jobs Support Scheme

• Employers to receive wage support of 10% - 50% offset for first $4,600 of monthly wage for all local workers, up till March 2021
• Support based on projected recovery of the different sectors
• Eligible Shareholder-Directors will also benefit

Property tax deferment

• Deferment of income tax payments for 3 months until June 2020
• Property Tax Rebate of 30% to 100% for businesses in commercial and non-residential properties (eligibility period ended in December 2020)

Rental waivers

• COVID-19 (Temporary Measures) Act allowing individuals and businesses to defer contractual obligations such as paying rent, repaying loans and completing work, for a period
• Up to 2 months’ rental offset for SME tenants in commercial, industrial, and office properties in June and July 2020)
• Up to 5 months’ rental waiver for Government tenants in 2020, such as hawker centre and market stallholders

SME Centre Business Advisors

• Consult SME Centres’ Business Advisors for support measures and group-based upgrading projects

• Up to $150 million enhancement to Startup SG Founder programme to raise startup capital grant and provide mentorship
• Enterprise Leadership for Transformation programme to support business leaders of promising SMEs in developing business growth plans

• $300 per month over five months to encourage stallholders to adopt e-payment methods (both existing and new sign-ups by 31 December 2020)
• $5,000 payout for businesses that digitalise basic payment and invoicing such as Corporate PayNow
• Additional $5,000 payout for F&B and retail businesses that adopt advanced digital solutions (for food services and retail enterprises that are incorporated on or before 26 May 2020)
• $250m set aside to help businesses digitalise with platform solution providers
• E-commerce and Food Delivery Booster Packages supported more than 10,000 food services and retail businesses in adopting digital solutions

• Help with loan insurance payments
• Corporate income tax deferred
• Planned increase in CPF contribution rates for senior workers deferred to 2022
• Up to 2 months’ extension of Foreign Worker Levy waiver and rebate for businesses that cannot resume on-site operations

• Enhanced financing schemes such as Temporary Bridging Loan Programme and Enterprise Financing Scheme available until March 2021
• Defer payment on principal of loans
• $585m financing support for start-ups in growth sectors