[Covid-19] Update: Singapore

[Covid-19] Update: Singapore
24 Aug 2020

The Singapore Ministry of Finance announced that The Jobs Support Scheme (JSS) has been extended by up to 7 months, to cover wages paid up to Mar 2021.

The JSS provides wage support to employers to help them retain their local employees (Singapore Citizens and Permanent Residents) during this period of economic uncertainty.

As announced on 17 Aug 2020 in the Ministerial Statement on Continued Support for Workers and Jobs:

1) Extension of JSS to cover wages paid up to Mar 2021:
The JSS will be extended by up to seven months to cover wages paid up to Mar 2021, bringing the total wage support under the JSS to 17 months for most sectors. The additional support will be paid out by Mar and Jun 2021.

2) Adjustment of JSS support for all sectors:
In line with the gradual re-opening of the economy, the base tiers of support for Sep 2020 to Mar 2021 wages have been adjusted.

For more information please visit: https://go.gov.sg/jss

 

This information was provided by Pay Asia

PayAsia Head Office (Singapore)
1 Phillip Street,
#14-00,
Singapore 048692
Tel: +65 6320 7360
Fax: +65 6327 4097
sales@payasia.asia

The Singapore Ministry of Finance announced that The Jobs Support Scheme (JSS) has been extended by up to 7 months, to cover wages paid up to Mar 2021.

The JSS provides wage support to employers to help them retain their local employees (Singapore Citizens and Permanent Residents) during this period of economic uncertainty.

As announced on 17 Aug 2020 in the Ministerial Statement on Continued Support for Workers and Jobs:

1) Extension of JSS to cover wages paid up to Mar 2021:
The JSS will be extended by up to seven months to cover wages paid up to Mar 2021, bringing the total wage support under the JSS to 17 months for most sectors. The additional support will be paid out by Mar and Jun 2021.

2) Adjustment of JSS support for all sectors:
In line with the gradual re-opening of the economy, the base tiers of support for Sep 2020 to Mar 2021 wages have been adjusted.

For more information please visit: https://go.gov.sg/jss

 

This information was provided by Pay Asia

PayAsia Head Office (Singapore)
1 Phillip Street,
#14-00,
Singapore 048692
Tel: +65 6320 7360
Fax: +65 6327 4097
sales@payasia.asia