Rebate amounts and computation
Tax residents taxable in YA 2025 receive 60% of tax payable capped at S$200; YA 2024 used 50% capped at S$200. IRAS computes the rebate after double-taxation relief and other credits but before Parenthood Tax Rebate. It is granted automatically without an application.
Limits and clearance assessments
The rebate cannot be carried forward and does not generate an S$200 payout where there is no tax payable. For qualifying resident clearance assessments issued before the Budget announcement, IRAS revises the stated years’ assessments automatically and refunds overpaid tax where applicable. This source does not announce a YA 2026 rebate.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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