CIT Rebate Cash Grant

Who qualifies

• To be eligible for the CIT Rebate Cash Grant, a company must be an active company and must have met the local employee condition.
• An active company is one carrying on a trade or business (including holding investments) at the point of disbursement; a company in liquidation, under receivership of all its properties, or that has ceased to exist is inactive.
• The local employee condition is met if the company made CPF contributions for at least one local (Singapore citizen or permanent resident) employee, excluding shareholders who are also directors, in calendar year 2025.
• The Cash Grant is extended to active registered business trusts and variable capital companies, whether resident or not, that meet the local employee condition.
• The CIT Rebate Cash Grant is not taxable.
• Under a centralised hiring or secondment arrangement, the company must produce supporting documents on the work arrangement and recharge of employment costs for any 2025 period when the individual worked solely in the company.
• The corporate structure and centralised hiring practices must be adopted for bona fide commercial reasons.
• The deployed individual's costs must not contribute to the related party's requisite headcount for the same period.

What it funds

• Working capital, trade or project financing schemes

The enhanced CIT Rebate for YA 2026 is 50% of corporate tax payable (raised from the 40% announced at Budget 2026); the CIT Rebate Cash Grant itself is a flat $2,000.

Recorded cap: S$2,000.

The Cash Grant is a flat $2,000. Total maximum combined benefits of the enhanced CIT Rebate and Cash Grant for YA 2026 is $40,000.

Payment: Direct one-off cash payout (e.g. IRAS-administered payouts).

How to apply

No application is required. Eligible active companies that met the local employee condition automatically receive the Cash Grant by the second quarter of 2026.

The official page names no upload documents because no separate grant application is required.

1. Eligible companies automatically receive the Cash Grant by the second quarter of 2026.

Processing time: Eligible companies automatically receive the CIT Rebate Cash Grant by the second quarter of 2026.

Claiming support

No post-award claim is required. An active company that met the local employee condition but did not receive the Cash Grant by the second quarter of 2026 may email IRAS via myTaxMail with the subject header 'Appeal for CIT Rebate Cash Grant'.

Appeals must be emailed by 30 November 2026.

Contact: myTaxMail (myTax Portal)

Application window: No application window. Eligible companies automatically receive the Cash Grant by the second quarter of 2026; appeals close 30 Nov 2026.