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Updates on the eligibility criteria for SIRS scheme

As part of a third Budget (Solidarity Budget), Deputy Prime Minister Heng Swee Keat announced several enhancements to the earlier announced Self-Employed Person Income Relief Scheme (SIRS).


It will now be automatically extended to include self-employed people who are earning a small income from employment of up to $2,300 and those who live in properties with an annual value of up to $21,000 (increased from the previously announced annual value threshold of $13,000). With these enhancements, approximately 100,000 self-employed people will be eligible for the scheme and will receive three quarterly cash payouts of $3,000 - in May, July and October 2020.



Other criteria, such as the rule that the self-employed person and their spouse combined must not own two or more properties, and that the spouse's assessable income must not exceed $70,000, will remain unchanged.


Do note that those who qualify will be automatically notified and receive their first payout at the end of May 2020. Others may appeal through NTUC.



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