TaxSavvySG

Cash grant eligibility

We did not receive the S$2,000 grant. Why?

The situation

The grant goes to companies with at least one local employee with CPF contributions in 2025, excluding shareholder-directors.

The law

  • YA 2026 CIT rebate (Budget 2026, enhanced 7 Apr 2026): 50% of tax payable, combined cap S$40,000 with a S$2,000 cash grant for companies with a local employee in 2025

What it means for you

If your only staff are shareholder-directors, you do not qualify. Check IRAS if you think you qualify. IRAS uses CPF data to identify local employees, so ensure CPF was paid correctly in 2025. Shareholder-directors on payroll do not count for this test.

What to do

  1. Check CPF records for 2025.
  2. Check staff status.
  3. Contact IRAS if eligible.
  4. Reconcile.

We can do this for youForm C-S, C-S Lite or Form C with exemptions and rebate: SGD 900

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