In a Ministerial Statement on 7 Apr, SMS Jeffrey Siow announced enhanced support measures for Singaporeans and businesses. Read and watch the Ministerial Statement.
Support for Singaporeans
Support for Businesses
- [New] Temporary co-funding of cost increases for essential bus services such as those for school students, seniors, and persons with disabilities
-
[Enhanced] Increase Corporate Income Tax rebate to 50% for Year of Assessment 2026
- Raise minimum benefit to $2,000 for eligible companies
- Raise benefits cap to $40,000 per company
- [Enhanced] Expand Energy Efficiency Grant (Base Tier) to all sectors and extend to 31 Mar 2028
Infographics
Useful links
- Factsheet: Support Measures to Provide Relief for Singaporean Households, Businesses, and Affected Workers from Impact of Middle East Situation
- Support For You Calculator
- GoBusiness Portal
- Ministerial Statement by DPM Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry
- Ministerial Statement by Mr K Shanmugam, Coordinating Minister for National Security and Minister for Home Affairs
Singapore Budget 2026 is part of the Ministry of Finance, Singapore. Visit website