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SINGAPORE - The Self-Employed Person Income Relief Scheme (Sirs) will be extended to include self-employed people who also earn a small income from employment, as well as those who live in properties with an annual value of up to $21,000. Deputy Prime MinistCovid-19 self-employed relief scheme to include those with some employment income, higher property annual value threshold
SINGAPORE - The Self-Employed Person Income Relief Scheme (Sirs) will be extended to include self-employed people who also earn a small income from employment, as well as those who live in properties with an annual value of up to $21,000. Deputy Prime Minister Heng Swee Keat announced these enhancements in Parliament on Monday (April 6), as part of a third budget to help tide Singaporeans through the Covid-19 pandemic. Sirs, which was first announced on March 26, will disburse $9,000 in cash over nine months to eligible self-employed people. But some felt the criteria were too stringent. It previously excluded those living in properties with an annual value of more than $13,000 and those who earned any income as employees. Mr Heng on Monday said he would extend the scheme to automatically include self-employed persons who also earn a small income from employment work. He will also raise the annual value threshold from $13,000 to $21,000, to include those who live in some condominiums and other private properties. Read more