15/04/2026
IRAS CIT REBATE AND CIT REBATE CASH GRANT YA2026
[UPDATED!] To provide further support for companies to manage their cashflow needs as they navigate the impact of the energy crisis, the CIT Rebate and CIT Rebate Cash Grant will be enhanced for YA 2026, as follows:
✔️The Enhanced YA 2026 CIT Rebate has been increased to 50% of corporate tax payable, up from the previously announced 40%.
✔️the CIT Rebate Cash Grant* has been raised to S$2,000, an increase from S$1,500.
The total maximum benefits of the enhanced CIT Rebate and CIT Rebate Cash Grant that a company may receive for YA 2026 is $40,000
*Eligibility for the CIT Rebate Cash Grant
✅Active company
✅Local Employee Condition
-CPF contribution to at least one local (SC or PR) employee, excluding shareholders who are also directors of the company, in the calendar year 2025.