Key Highlights

  • S$5.2B allocated to create up to 200,00 jobs & 35,000 traineeships
  • GST extended to low value imported goods & services from 2023
  • S$60M announced for Agri-Food Cluster Transformation Fund

1. Extended Support For Employing Workers

Job Support Scheme

Tier April – June 2021 July – September 2021
Tier 1 (Aerospace, Aviation, Tourism) 30% Wage Support 10% Wage Support
Tier 2 (Retail, Arts & Culture, Food Services, Built Environment) 10% Wage Support Not Applicable
Up to first S$4,600 of gross monthly wages.

Jobs Growth Incentive Scheme

Type of Hire Phase 1: September 2020 – February 2021 Phase 2: March – September 2021
Non-Mature Hires (Under 40) Up to 25% of 1st S$5,000 Wage Support for 12 months Up to 25% of 1st S$5,000 Wage Support for 12 months
Mature Hires(40 & Above), Person with Disabilities & Ex-Offenders)
  • Up to 50% of 1st S$5,000 Wage Support (for Sept 2020 – Feb 2021)
  • Up to 50% of 1st S$6,000 Wage Support (from Mar 2021 onwards)
  • Support provided up to 18 months
Up to 50% of 1st S$6,000 Wage Support for 18 months