Corporate Income Tax Rebate and Cash Grant YA 2026 (CIT Rebate YA2026)
· Last verified 23 Oct 2026Automatic 50% rebate on corporate income tax payable for YA 2026, plus a S$2,000 cash grant for active companies that employed at least one local employee in 2025; combined benefit capped at S$40,000.
- Support
- 50% of tax payable; S$2,000 CIT Rebate Cash Grant (not taxable); total rebate + grant capped at S$40,000 per company.
- Maximum funding
- S$40,000
- How to apply
- No separate application needed
- Apply before starting?
- Check official page
Recent changes
Budget 2026 announced 40% rebate, S$1,500 minimum grant, S$30,000 cap. Enhanced after the 7 Apr 2026 Ministerial Statement to 50%, S$2,000 grant and S$40,000 cap (same as YA 2025).
Who is eligible
- Registered and operating in Singapore
- All taxpaying companies, resident or not (not for income under final withholding tax)
- Cash grant: active company meeting local employee condition - CPF contributions for at least 1 Singapore citizen/PR employee in 2025, excluding shareholder-directors
Quick eligibility check
- 1. Is your company liable to Singapore corporate income tax for YA 2026?
- 2. Was your company active (carrying on business) in 2025?
- 3. Did you make CPF contributions for at least one Singapore citizen or PR employee (not a shareholder-director) in 2025?
- 4. Have you received the S$2,000 cash grant already?
0 of 4 answered.
What it covers
- Not cost-based; reduces tax payable
How to apply
- No application needed
- File ECI / Form C-S/C on time
- If eligible but grant not received, email myTaxMail by 30 Nov 2026 with subject 'Appeal for CIT Rebate Cash Grant'
Processing time: Cash grant paid by Q2 2026; rebate in YA 2026 assessment (by Jun/Aug 2026)
Documents you need
- None (automatic)
- For appeals: CPF contribution records for local employee(s) in 2025
Frequently asked questions
What is the Corporate Income Tax Rebate and Cash Grant YA 2026?
Automatic 50% rebate on corporate income tax payable for YA 2026, plus a S$2,000 cash grant for active companies that employed at least one local employee in 2025; combined benefit capped at S$40,000.
How much funding does CIT Rebate YA2026 give?
50% of tax payable; S$2,000 CIT Rebate Cash Grant (not taxable); total rebate + grant capped at S$40,000 per company.
Who is eligible for CIT Rebate YA2026?
Applicants must be registered and operating in Singapore. All taxpaying companies, resident or not (not for income under final withholding tax) Cash grant: active company meeting local employee condition - CPF contributions for at least 1 Singapore citizen/PR employee in 2025, excluding shareholder-directors
Do I need to apply for CIT Rebate YA2026?
No separate application is needed. Automatic (no application)
What documents do I need for CIT Rebate YA2026?
None (automatic); For appeals: CPF contribution records for local employee(s) in 2025.
Sources
Information last verified on 23 Oct 2026. Grant rules change often. Always confirm with IRAS before you apply.
