You will be able to claim it between 15 February 2021 and 31 March 2021. (For more details on making voluntary CPF contributions for employees, please find out more at the Payout Date of Payment Aviation and tourism Food services Others Computation of Payout Capped at first $4,600 of gross monthly wages Based on: Payout 1 Apr 2020 + 75% of Oct 2019 wages + 75% of Nov 2019 wages + 75% of Dec 2019 wages + 75% of … Please use this form to enquire about the Jobs Support Scheme (JSS). Eligible companies will be notified by post of their tier of support and the amount of JSS payout payable to them. The Jobs Support Scheme (JSS) provides wage support to employers, to help enterprises retain their local employees (Singaporean Citizens and Permanent Residents) during this period of economic uncertainty. As JSS payouts are automatically computed based on CPF contribution data, these employers then stand to gain a higher The Jobs Support Scheme has been enhanced to cover monthly wages over 10 months (capped at $4,600/month) paid to local employees with co-funding rate: 5. Use the enhanced JSS payout to provide for a baseline monthly salary to employees, including the employer’s share of the CPF contributions; and Provide for work done on a pro rata basis – for example, if the employee works half-load (i.e. You’ll need to check which type of support you are eligible for and check which employees you can claim for. The JSS is a wage subsidy programme intended to help companies to retain and pay their workers amid the coronavirus pandemic that has affected many businesses. However, online retail companies (SSIC 47910) which is on the list of Permitted Services, are allowed to resume operations and are not eligible for the Circuit Breaker tier JSS of 75%. The first JSS payout will be brought forward from May 2020 to April 2020. More information on the JSS is also available on … This form is for employers to appeal for higher tier co-funding under the JSS, or employers with other circumstances. Employers will start to receive the JSS payouts in four tranches - April, May, July and October 2020. A total of $7 billion, which will go to more than 140,000 employers, has been set aside to help cover the wages of over 1.9 million local employees here. You may write to covid_gobusiness@mti.gov.sg to submit a request. [Jobs Support Scheme] The May JSS payout will be disbursed to employers on PayNow Corporate or who have existing GIRO arrangements with IRAS on 28 May. 75% of the first $4,600 of gross monthly wages per local employee. This is a fraudulent arrangement. It is vital that employers contribute the right amount of mandatory CPF for genuine employees based on the actual wages paid. Extension of JSS to cover wages paid in August 2020 The JSS will be extended by one month to cover wages paid in August 2020, bringing the total wage support under the JSS to ten months. 3 Eligible companies will be notified by post of their tier of support and the amount of JSS payout payable to them. However, employers can continue to make voluntary CPF contributions to the CPF accounts of employees whose wages have been cut by applying for a separate CPF submission number with CPF Board. First Jobs Support Scheme payouts starts from 15 April onwards From Wednesday 15 April 2020 onwards, over 140,000 employers will start to receive the first tranche of payouts under the Jobs Support Scheme (JSS). This form is for employers to appeal for higher tier co-funding under the JSS, or employers with other circumstances. For the enhanced JSS, the Government will co-fund 75% of the first $4,600 of gross monthly wages for each Singapore Citizen and Permanent Resident employee from BE construction / consultancy firms, covering wages from Jun to Aug 2020. Individuals should not give out their personal information such as NRIC, SingPass or bank account details in exchange for CPF contributions and/or money. 5. The first JSS payout will be brought forward from May to April 2020. If your primary business activity is not permitted by the Government, you will not be allowed to operate even if your company’s SSIC code falls within the permitted list. No. Employers should stop making mandatory CPF contributions for employees who have been retrenched or are on no-pay leave. As announced in April, the JSS has been extended to cover wages of local employees who are shareholders and directors (shareholder-directors) of companies. The first payout in April will be computed based on the wages paid in October, November and December 2019, and CPF contributions must be made by 14 February 2020. Enhanced Jobs Support Scheme. Employers will receive five main JSS payouts in Apr 2020, Jul 2020, Oct 2020, Mar 2021, and Jun 2021, with an additional special payout in May 2020. It calculates JSS payout from monthly wages whereas the actual JSS payout is derived from your CPF contribution. Yes. The May 2020 and subsequent JSS payouts will include support for qualifying shareholder-directors. The JSS payouts are calculated based on an employer's mandatory Central Provident Fund (CPF) contributions for the relevant employee. Worth more than S$5.5 billion, the subsidy will be given to 1.9 million local companies. *CPF contributions for wages exceeding $4,600 are excluded in the computation of JSS payouts. The prevailing CPF contribution rates can be found on the CPF website. Find out if you’re eligible to claim the Job Retention Bonus and what you need to do to claim it. receive the JSS payouts. Eligible companies will be notified by post of their tier of support and the amount of JSS payout payable to them. First Jobs Support Scheme payouts starts from 15 April onwards From Wednesday 15 April 2020 onwards, over 140,000 employers will start to receive the first tranche of payouts under the Jobs Support Scheme (JSS). This wage subsidy applies to every one of over 1.9 million local employees. Companies allowed to operate with restricted services will only receive the base tier JSS. Companies that are operating under a General Exemption will not be eligible for the Circuit Breaker tier JSS of 75% but will continue to receive the base tier JSS. For quicker payouts under the JSS, sign up for PayNow Corporate by 22 May. Resumption of Business Activities (Phases One, Two and Three), Resumption of Business Activities (Phases One and Two), For Marine & Offshore and Process sectors only, Sport & Recreational Facility Operators & Sport, Physical Exercise & Activity Administrators, Process Construction & Maintenance (PCM) Sector, Closure of Nightlife Establishments and Government Support, Application and Licensing Procedure for Pivoting to Permissible Activities, Exit Support Package and Other Government Support for Winding Down. Employers who put local employees on mandatory no-pay-leave or retrench them will not be entitled to the enhanced JSS payout for those employees. The first tranche, paid from 15 April 2020, is based on wages paid from October-December 2019. Eligible companies will be notified by post of their tier of support and the amount of JSS payout payable to them. IRAS has observed the following instances of unacceptable practices where employers engage in arrangements to alter their CPF contribution data, such that the data do not correspond with employees’ wages. Jobs Support Scheme(JSS) Calculator. JSS Closed is for those businesses who have to close because of a legal requirement brought about by lockdown restrictions, specifically aimed at those businesses in the Tier 3 areas for whom it is mandatory for them to close. Alternatively, companies may check if they are eligible for JSS via the IRAS website. The first tranche will be paid from 15 April 2020, based on wages paid from October-December 2019. Companies in sectors that are not allowed to resume operations and are currently not operating under a General Exemption, will be accorded the Circuit Breaker tier JSS of 75%. If you are using MoneyWorks accounting software: There are two income account types (Sales and Income) in MoneyWorks. As part of their checks on JSS eligibility and compliance, IRAS is sending a small number of employers self review letters to complete. This will help businesses to … Tier 1 (only for Sep 2020 to Oct 2020 wages) 50% of the first $4,600 of gross monthly wages per local employee. Please refer here for more information. Check if you are eligible for the WCS Payout This e-Service allows you to view if you are eligible for the WCS Payout, based on the UEN or NRIC number that you have registered with CPFB in making CPF contributions to your employees. To check whether you are in tier 1 or tier 2, check it here. Eligibility for JSS can also be checked via the IRAS website. Employers should only make mandatory CPF contributions to employees for the business entities they are working for, instead of artificially splitting the wages of its employees across related business entities to circumvent the $4,600 salary ceiling. amount of the cash subsidy than due to them. Totalling over $7 billion, the payouts will help to cover the wages of over 1.9 million local employees in Singapore. If your firm is appealing to receive Tier 1 wage support from June 2020 as your business is still not able to resume operations, please select “Tier 1 wage support (cannot resume business operations)” at Question 3. Enhanced Jobs Support Scheme 4. ... Companies can also visit the IRAS website to check if they are eligible. JSS (Job Support Scheme) is a cash grant given by the government to offset part of the local employee wage costs during the outbreak of COVID-19. Eligible companies will be notified by post of their tier of support and the amount of JSS payout payable to them. Alternatively, companies may check if they are eligible for JSS via the IRAS website. Enhanced Jobs Support Scheme. IRAS will notify eligible employers by post of the tier of support and the amount of JSS payout payable to them. 3. Claire Barnard | 27th October 2020. CPF mandatory contributions are based on employees’ wages, age and citizenship. If your firm is appealing to receive Tier 1 wage support from June 2020 as your business is still not able to resume operations, please select “Tier 1 wage support (cannot resume business operations)” at Question 3. Please use this form to enquire on your eligibility for additional tiers of Jobs Support Scheme Support The level and duration of support each employer receives depends on the sector in which the employer operates. the payouts computed based on 75% of October’s and November’s wages, and disbursed in April and May respectively) should be passed on to your clients in April and May. For example, under the Wage Credit Scheme (WCS), the Government co-funds a percentage of wage increases given to Singapore Citizen employees who earned a gross monthly wage of up to $5,000*. There was also a special payout in May 2020. https://www.iras.gov.sg/irashome/e-services/other-taxes/jobs-support-scheme–jss-/, © 2021 Firms on GIRO and PayNow will start receiving their first JSS payout next week. Enhanced Jobs Support Scheme. Alternatively, companies may check if they are eligible for JSS via the IRAS website. Besides raising the subsidies, the first JSS payout will be brought forward to April, with some firms to receive the first tranche next week. Companies can log in to myTax portal: https://mytax.iras.gov.sg/ESVWeb/default.aspx to check the JSS tier that they qualify for. SINGAPORE - More than 140,000 employers of local workers started receiving the first Jobs Support Scheme payout from Wednesday (April 15).. 5. Under the JSS, the Government co-funds between 25% to 75% of the first $4,600 of gross monthly wages paid to each local employee in a 10-month period (up to Aug 2020) and 10% to 50% of the same in the subsequent 7-month period (Sep 2020 to Mar 2021). Alternatively, companies may check if they are eligible for JSS via the IRAS website. 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You may wish to refer to illustrations provided below … 2. CPF Board website). For quicker payouts under the JSS, sign up for PayNow Corporate by 22 May. The first tranche will be paid from 15 April 2020, based on wages paid from October-December 2019. The first tranche of the JSS payout will be based on wages paid from October to December 2019, said IRAS and MOF. Please note that the e-service to request for the detailed breakdown of JSS payouts will be available end July 2020. The scheme will pay out … For the first payout in 2021, IRAS will compute the amount based on wages paid from September to December 2020. Enhanced Jobs Support Scheme 4. The Ministry of Finance (MOF) announced on Sunday (10 May) that 32 companies have returned the Government’s Jobs Support Scheme (JSS) payouts and pledged to decline future JSS payouts. The payout for May 2020 will also include back-payment for such employees whose wages were excluded in the first JSS payout in April 2020. As long as a company with a specific UEN has activities which have been permitted to operate, the company with that UEN will not qualify for the Circuit Breaker tier JSS of 75%. The scheme pays out 75 per cent of wages for April and May on the first $4,600 of a worker's gross monthly pay, and at least 25 per cent for a further seven months, depending on the sector. Employers that are selected for review are required to perform the following steps: Check whether there are any errors pertaining to your employees’ mandatory CPF contributions for the months of May, June, July and August 2020 which will affect the computation of the JSS payout. It may not correspond exactly to what you will be getting. Waiver of foreign worker levy. Divide by 33 (the number of usual hours for the JSS Open days in the pay period) Multiply by 18 (the number of non-working hours for the JSS Open days) Multiply by 66.67% = £174.01; This is made up of a 5% employer contribution, and a 61.67% government contribution which A Ltd can reclaim. The self-review for July 2020 payout is closed. Alternatively, companies may check if they are eligible for JSS via the IRAS website. Built Environment. Employers should only make the correct amount of mandatory CPF contributions based on the actual wages paid to their employees. The May 2020 payout will also include back-payment for companies with qualifying shareholder-directors whose wages were excluded from the first JSS payout in April 2020. If your firm is in Tier 3B but you are appealing for Tier 3A wage support, please select “Eligibility for Tier 3A JSS… The first JSS payout will be brought forward from May to April 2020. When Will We Receive JSS Payouts? Click here for more details about Jobs Support Scheme (JSS) Step 1 Please refer here for more information. JSS (Job Support Scheme) is a cash grant given by the government to offset part of the local employee wage costs during the outbreak of COVID-19. You may wish to refer to illustrations provided below on examples of JSS abuse. JSS payout payable to them. … Employers can check if they are eligible using the JSS Employer Eligibility website or by calling 1800 352 4728 (8 a.m. - … (For more details on making voluntary CPF contributions for employees, please find out more at the This is to provide your clients with the wage support to tide over the Circuit Breaker period. Job Support Scheme (JSS) – what we know so far…. The support for August 2020 wages will be paid out in October 2020 (see Table 1 … [Jobs Support Scheme] Under the JSS, the Government will co-fund the first $4,600 of gross monthly wages paid to each local employee for 9 months. Eligible companies will be notified by post of their tier of support and the amount of JSS payout payable to them. – Grant/payout is non-taxable if it’s given for the purpose of acquiring capital asset of the company. All other employers will start receiving their cheques from 3 Jun. It calculates JSS payout from monthly wages whereas the actual JSS payout is derived from your CPF contribution. Fortunately, if you are an eligible employer, you do not need to apply. Table 1: JSS Payment Schedule Month of Payout Payout Details Payout computed based on wages paid in: Wages derived based on CPF contributions made by: Apr 2020 Employers should only make mandatory CPF contributions to employees for wages paid for work performed as part of a contract of service. SINGAPORE - Over $4 billion under the Jobs Support Scheme (JSS) will be paid out to 140,000 employers from July 29 to help them retain their workers.. If the client decide to terminate the contract, the labour supplier would be able to retain the balance JSS benefits, and use it to pass on to your new client that your employee will work for, or offset the employees’ wages directly if your employee is not working for any client at the moment.