NTUC (31.07.2020) SIRS helps Singaporean self-employed persons (SEPs) with less means and family support tide over this period of extraordinary economic uncertainty. SEPs to receive $3,000 each in May, July and October 2020.
SIRS ELIGIBILITY CRITERIA Singaporean SEPs can apply for SIRS. The criteria is as follows: Started work as an SEP on or before 25 March 2020; Currently earn a Net Trade Income (NTI) of not more than $100,000; If SEP also has employment (i.e. dual status worker), the income earned as an employee must be not more than $2,300/month; Live in a property with an Annual Value not more than $21,000; and Do not own two or more properties. For married Singaporean SEPs, the following additional criteria apply: The individual and spouse together do not own two or more properties; and The Assessable Income of his/her spouse does not exceed $70,000.
Self-employed person income relief scheme (SIRS) helps Singaporean self-employed persons (SEPs) with less means and family support tide over this period of extraordinary economic uncertainty. SEPs to receive $3,000 each in May, July and October 2020. Singaporean SEPs who meet all of the eligibility criteria do not need to apply for SIRS. they will be notified via SMS and letter and receive their first payout from 27 May automatically.
SIRS helps Singaporean self-employed persons (SEPs) with less means and family support tide over this period of extraordinary economic uncertainty. NTUC is assisting the Ministry of Manpower to manage applications and appeals of those who do not auto-qualify.
SIRS ELIGIBILITY CRITERIA
Singaporean SEPs can apply for SIRS. The criteria is as follows:
- Started work as an SEP on or before 25 March 2020;
- Currently earn a Net Trade Income (NTI) of not more than $100,000;
- If SEP also has employment (i.e. dual status worker), the income earned as an employee must be not more than $2,300/month;
- Live in a property with an AV not more than $21,000; and
- Do not own two or more properties.
For married Singaporean SEPs, the following additional criteria apply:
- The individual and spouse together do not own two or more properties; and
- The Assessable Income of his/her spouse does not exceed $70,000.
SEPs who have marginally missed ONE of the eligibility criteria AND are facing difficult circumstances can also submit an application to NTUC for consideration.
Application processing time is 30 days. Payouts will be progressively made upon the approval of your application.
Note: SEPs who are in the SIRS auto-inclusion list would have received notifications from the Government already.
If you were not auto-included, then please submit an application.