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Singapore Budget - Overview of Tax Changes

Budget 2009

Budget Banner  Resilience Package 2 

Jobs Credit Scheme has ceased with the final payment in Jun 2010

The Jobs Credit scheme has come to a close with the final payment on 30 Jun 2010.  More than 100,000 employers employing about 1.4 million local workers have benefited from the Scheme. In total, more than $4.3 billion were paid to employers in six tranches since the Jobs Credit scheme was introduced in Budget 2009.

With the closure of the Jobs Credit scheme, IRAS will no longer be issuing cheques for payment.

Last Updated on 29 September 2011

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