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SUPPLEMENTARY BUDGET 2020
Supporting Workers, Protecting Livelihoods
❖ JobsSupportScheme(JSS)• Governmentwillhelpemployersbypaying25%ofthefirst$4,600ofmonthlywagesfor
everylocalworkerinemployment,for9months• HighersupportforsectorsmoreaffectedbyCOVID-19,ofupto75%• FirmswillreceivethepayoutsinMay,Jul,andOct2020
❖WageCreditScheme• AdditionalpayoutannouncedatBudget2020tobebroughtforwardfromSeptoend-
June2020
❖ COVID-19SupportGrant• Cashgrantof$800permonthfor3months,forlow-andmiddle-incomeSingaporeans
wholosttheirjobsduetoCOVID-19
❖ TemporaryReliefFund• ProvidefinancialassistanceforfamilieswhoselivelihoodswereaffectedbyCOVID-19and
requireurgenthelp
❖ NTUCCareFund(COVID-19)• Provideone-offreliefofupto$300foreligibleunionmembers
❖ SGUnitedJobs• About10,000jobsavailableoverthenextyear,tofacilitateemploymentforjobseekers
❖ SGUnitedTraineeships• Supportemployersinprovidingtraineeshipstofreshgraduatesenteringthelabour
force,tohelpboostemployabilityfornewgraduates
❖ SkillsFutureCredit• AdvanceuseofSkillsFutureCredittop-upsforselectcourses,from1Apr2020
OUR RESILIENCE BUDGETSupport Workers. Stabilise Businesses. Build Resilience.
SCANFORMOREDETAILS
❖ SEPIncomeReliefScheme(SIRS)• EligibleSingaporeanSEPswillreceive3quarterlycash
payoutsof$3,000eachinMay,Jul,andOct2020
❖ SEPTrainingSupportScheme• Extendedtillend-2020• From1May2020,trainingallowanceenhancedto$10/hour
❖ Point-to-PointSupportPackage• SpecialReliefFundpaymentsof$300pervehicleper
monthforeligibletaxihirersandprivatehirecardrivers,tillend-Sep2020
❖ EnhancedWorkfareSpecialPayment• Benefitsabout50,000lower-incomeSEPs
Supporting Self-Employed Persons (SEPs)
Supporting Families
❖ EnhancedCare&SupportPackage• TriplethecurrentpayoutunderCare&Support–Cashforall
Singaporeansaged21andabovein2020,t0$300,$600and$900• Parents,withatleastoneSingaporeanchildaged20and
belowin2020,willeachreceiveanadditional$300• AllSingaporeansaged50andabovein2020willreceivetheir
$100PAssionCardTop-upincash• Singaporeanslivingin1-roomand2-roomHDBflatswillreceive
$300inGroceryVouchersin2020,and$100in2021• EnhanceWorkfareSpecialPaymentto$3,000incashin2020,
forSingaporeanswhoreceivedWorkfarepaymentsforworkdonein2019
• DoublethegranttoSelf-HelpGroupsto$20mover2020and2021,andincreasethegranttoCommunityDevelopmentCouncilsto$75min2020
❖ GreaterFlexibilityonGovernmentFeesandLoans• NoincreasesinGovernmentfeesandchargesfor1year,from1
Apr2020to31Mar2021• Suspendstudentloanrepaymentsandinterestchargesfor
1year,from1Jun2020to31May2021,forgraduatesofAutonomousUniversitiesandpolytechnics
• SuspendlatepaymentchargesonHDBmortgagearrearsfor3months
SUPPLEMENTARY BUDGET 2020
OUR RESILIENCE BUDGETSupport Workers. Stabilise Businesses. Build Resilience.
SCANFORMOREDETAILS
Supporting Businesses
❖ EnhancedPropertyTaxRebatefor2020• IncreasePropertyTaxRebateforqualifyingcommercialproperties,suchashotels,serviced
apartments,touristattractions,shopsandrestaurants,from15%or30%,to100%• IncreasePropertyTaxRebateforIntegratedResortsfrom10%to60%• Allothernon-residentialpropertieswillreceiveanew30%PropertyTaxRebate
❖ EnhancedRentalWaivers• Increaserentalwaiverfrom1monthto3months,forstallholdersinhawkercentresmanaged
byNEAorNEA-appointedoperators• Increaserentalwaiverfrom0.5monthst02months,foreligiblecommercialtenantsof
Governmentagencies• Allothernon-residentialtenantsofGovernmentagenciesreceive0.5monthsofrentalwaiver
❖ CashFlowSupport• ExpandTemporaryBridgingLoanProgrammetoallsectors,andincreasemaximum
supportedloanto$5m• Increasemaximumloanquantumto$1munderEnterpriseFinancingScheme–SMEWorking
CapitalLoan• Increasemaximumloanquantumto$10mandGovernmentrisk-shareto80%,underEnterprise
FinancingScheme–TradeLoan• Increasesubsidiesforloaninsurancepremiumsto80%underLoanInsuranceScheme
❖ SupportforCapabilityDevelopment• RaisemaximumsupportlevelsforProductivitySolutionsGrantandEnterpriseDevelopment
Grantto80%and90%respectively,tillend-2020• EnhanceSMEsGoDigitaltosupportbothready-to-adoptandadvanceddigitalsolutionsthat
reduceface-to-facecontact• Extendtheenhancedtrainingsupport,comprisinghighercoursefeesubsidiesandabsentee
payrollsupport,tomoresectorsandtillend-2020
❖ ResilienceBuilding• EnhancegovernmentmatchingratiounderSGTogetherEnhancingEnterpriseResilience
(STEER)programme• IntroducefundingsupportforspecialisedcleaningunderSGClean
SUPPLEMENTARY BUDGET 2020
OUR RESILIENCE BUDGETSupport Workers. Stabilise Businesses. Build Resilience.
SCANFORMOREDETAILS
❖ AviationSector• EnhancedJobsSupportSchemeforbusinesseswhose
activitiesarebasedprincipallyintheaviationsector–75%wageoffsetforthefirst$4,600ofmonthlywagesforeverylocalworkerinemployment,for9months
• $350mEnhancedAviationSupportPackagetoprovidecostreliefforairlines,groundhandlersandthecargoindustry,aswellastomaintainaminimumlevelofconnectivity
❖ TourismSector• EnhancedJobsSupportSchemeforhotels,travel
agencies,touristattractions,cruiseterminalsandoperators,andMeetings,Incentives,Conferences,Exhibitions(MICE)venueoperators–75%wageoffsetforthefirst$4,600ofmonthlywagesforeverylocalworkerinemployment,for9months
• $90mfortourismrecoveryeffortstohelpthesectorreboundstronglywhenthetimeisright
❖ FoodServices• EnhancedJobsSupportSchemeforfood&beverages
firms–50%wageoffsetforthefirst$4,600ofmonthlywagesforeverylocalworkerinemployment,for9months
❖ LandTransportSector• SpecialReliefFundpaymentsof$300pervehicleper
monthforeligibletaxihirersandPrivateHireCar(PHC)drivers,tillend-Sep2020
• AdditionalsupportfortaxiandPHCoperators• 1-yearroadtaxrebateand6-monthwaiverofparking
chargesatgovernment-managedparkingfacilitiesforprivatebusowners,todefrayoperatingcost
❖ Arts&CultureSector• $55msupportpackagetosafeguardjobsandretain
capabilities,supportcapabilitydevelopment,andstepupdigitisationefforts
Supporting Affected Sectors
SUPPLEMENTARY BUDGET 2020
OUR RESILIENCE BUDGETSupport Workers. Stabilise Businesses. Build Resilience.
SCANFORMOREDETAILS