If you pay income tax in Singapore, there’s good news waiting for you in your next tax bill.
The government has rolled out a Personal Income Tax (PIT) Rebate for the Year of Assessment (YA) 2025, offering taxpayers up to S$200 off their payable tax — automatically.
That’s right — no applications, no forms, no waiting around. It’s part of a broader effort under the SG60 Budget Package, designed to help Singaporeans manage higher living costs while rewarding those contributing to the nation’s growth.
What Exactly Is the S$200 PIT Rebate?
Think of it as a small financial breather.
For YA 2025, the Inland Revenue Authority of Singapore (IRAS) will reduce your tax payable by 60%, up to a maximum of S$200.
That means:
- If you owe S$300 in tax, your rebate will be S$180 (60% of S$300).
- If you owe S$400 or more, you’ll receive the maximum S$200 rebate.
It’s a one-time adjustment, not a cash payout, but it directly lowers your final tax bill — putting a little more money back in your pocket.
Who Qualifies for the Rebate?
This relief applies to all Singapore tax residents who are assessed for YA 2025 and have a tax amount due after deductions.
To be eligible:
- You must have tax payable (after applying reliefs and deductions).
- You don’t need to do anything — IRAS applies it automatically.
- If your tax payable is zero, you won’t receive the rebate since there’s no tax to offset.
So, as long as you’re an assessed taxpayer with a positive balance, you’ll see the rebate reflected in your tax bill between April and September 2025.
How It’s Applied No Paperwork Needed
Here’s the best part: you won’t have to lift a finger.
IRAS will automatically calculate your eligible amount and show it in your Notice of Assessment. The reduced figure will already include the rebate, saving you the hassle of any manual claim or follow-up.
Just make sure to check your bill once it arrives, so you know the rebate’s been applied correctly.
Why This Matters for You
Singapore’s cost of living has been climbing, and every dollar counts.
This rebate — though modest — reflects the government’s continued effort to support middle-income residents and ease day-to-day financial pressures.
It’s not about a big windfall; it’s about steady, reliable support that keeps your finances balanced as the economy evolves.
So, when you receive your next tax bill, take a moment to notice the difference — that quiet S$200 cut might just make budgeting a little easier this year.
Frequently Asked Questions
1. Who is eligible for the Singapore S$200 tax rebate?
All Singapore tax residents with a payable income tax amount in YA 2025 qualify. The rebate applies automatically, so there’s no need to apply.
2. How much rebate will I get?
You’ll get 60% of your payable tax, capped at S$200. If your payable tax is S$300, you’ll save S$180; if it’s higher, you’ll receive the full S$200.
3. Will I receive the rebate in cash?
No, it’s not a cash payment. The rebate simply reduces your final tax bill issued by IRAS for YA 2025.