OpenGrantLoans & financing

SME Cash Grant 2026

Administered byInland Revenue Authority of Singapore logo· Last verified 23 Oct 2026

One-off automatic cash grant of S$500 per local employee (up to S$2,500) paid in November 2026 to help SMEs with business costs.

Support
S$500 per local qualifying employee (SC/PR), capped at S$2,500. Sole proprietorships/partnerships with no local employees: flat S$500 if owner's net trade income for YA 2025 <= S$100,000. Grant is taxable.
Maximum funding
S$2,500
How to apply
No separate application needed
Apply before starting?
Check official page

Recent changes

New for 2026 (announced after Budget 2026). Companies must declare it as taxable income.

Who is eligible

  • Registered and operating in Singapore
  • Active ACRA-registered company, sole proprietorship or partnership
  • YA 2025 revenue <= S$100m OR <= 200 employees as at 30 Jun 2026
  • Headcount = highest monthly local employees Apr-Jun 2026 with on-time CPF
  • Must be active at disbursement in Nov 2026
  • Need IRAS GIRO (by 14 Oct 2026) or PayNow Corporate (by 25 Oct 2026)

Quick eligibility check

  1. 1. Is your business ACRA-registered and active?
  2. 2. Was your YA 2025 revenue S$100 million or less, or did you have 200 or fewer employees on 30 Jun 2026?
  3. 3. Did you employ Singapore citizen/PR staff with on-time CPF between Apr and Jun 2026?
  4. 4. Do you have GIRO with IRAS or PayNow Corporate set up?

0 of 4 answered.

What it covers

  • Unrestricted cash grant

How to apply

  1. No application needed
  2. Ensure GIRO or PayNow Corporate is set up
  3. Check letter / myTax Portal notification in Nov 2026
  4. Appeal per IRAS process if eligible but not paid

Processing time: Paid from 2 Nov 2026

Documents you need

  • None (automatic)
  • PayNow Corporate or GIRO details

Frequently asked questions

What is the SME Cash Grant 2026?

One-off automatic cash grant of S$500 per local employee (up to S$2,500) paid in November 2026 to help SMEs with business costs.

How much funding does SME Cash Grant 2026 give?

S$500 per local qualifying employee (SC/PR), capped at S$2,500. Sole proprietorships/partnerships with no local employees: flat S$500 if owner's net trade income for YA 2025 <= S$100,000. Grant is taxable.

Who is eligible for SME Cash Grant 2026?

Applicants must be registered and operating in Singapore. Active ACRA-registered company, sole proprietorship or partnership YA 2025 revenue <= S$100m OR <= 200 employees as at 30 Jun 2026 Headcount = highest monthly local employees Apr-Jun 2026 with on-time CPF Must be active at disbursement in Nov 2026 Need IRAS GIRO (by 14 Oct 2026) or PayNow Corporate (by 25 Oct 2026)

Do I need to apply for SME Cash Grant 2026?

No separate application is needed. Automatic; IRAS eligibility checker

What documents do I need for SME Cash Grant 2026?

None (automatic); PayNow Corporate or GIRO details.

Sources

Information last verified on 23 Oct 2026. Grant rules change often. Always confirm with IRAS before you apply.

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