Singapore: For year of assessment 2026 companies receive a corporate income tax rebate of 50% of tax payable

WONE Global's guide to Singapore records this change under tax and reporting. Each statement below has been checked against the source it links to.

1. For year of assessment 2026 companies receive a corporate income tax rebate of 50% of tax payable, with total benefits of rebate and cash grant capped at S$40,000, and a S$2,000 cash grant for active companies that employed at least one local employee in 2025.

   YA 2026 only (generally financial years ending in 2025). Enhanced from 40% and S$30,000 by a ministerial statement on 7 April 2026.

   Allen & Gledhill · Enhancements to the corporate income tax rebate and cash grant for YA 2026 ↗ Checked against a secondary source · Not yet professionally reviewed · checked 18 October 2026

This is a summary of the rule as published, not advice on how it applies to you. The WONE Global Partner for this service in Singapore can advise on that.