If you’ve been feeling the pinch of rising costs lately, here’s a little good news you don’t want to ignore. The Singapore government has announced a one-time S$200 Income Tax Rebate for 2025 — and yes, it’s real money that goes directly toward reducing your tax bill or credited as a refund.
But here’s the catch: you must apply before 26 October 2025 to receive it. Thousands of residents are eligible, but not everyone will get it automatically — which means a few minutes on your IRAS account could save you $200.
What’s This Rebate About?
The Singapore Income Tax Rebate 2025 is part of the Budget 2025 Financial Relief Package, aimed at helping working individuals and families manage higher living expenses.
In simple terms, it’s a $200 reduction on the amount of income tax you owe. And if you’ve already paid your tax for the year, don’t worry — you’ll get the money back as a refund in your bank account.
This rebate shows that the government is paying close attention to the pressure households are facing, especially with global prices and inflation still unpredictable.
Who’s Eligible for the Rebate?
Here’s how to know if you qualify:
| Criteria | Details |
|---|---|
| Rebate Amount | S$200 per eligible taxpayer |
| Deadline | 26 October 2025 |
| Who Qualifies | Singapore Citizens & PRs with valid tax filings |
| Where to Apply | IRAS myTax Portal |
| How You’ll Receive It | Credited to your tax account or refunded to your bank |
If you’ve filed your tax returns in the previous assessment year and meet the income threshold set by IRAS (Inland Revenue Authority of Singapore), you’re likely eligible.
How to Apply (and Why You Shouldn’t Wait)
You can apply online through IRAS myTax Portal in just a few minutes. Before you do, make sure:
- Your bank details are up to date.
- Your tax records reflect your current job and address.
- You apply before 26 October 2025 — late applications may not be accepted.
Once your application is approved, IRAS will process your rebate automatically. If you’ve already paid your tax in full, the refund will appear directly in your bank account.
Why This Rebate Matters Right Now
Think about it this way — $200 may not sound like much, but it can cover your utilities for a month, a week’s worth of groceries, or part of your child’s school expenses.
In times of rising prices and tight budgets, every bit of relief counts. And because this rebate is part of Singapore’s broader social support plan, it’s designed to make life a little easier for everyday residents — not just high earners.
The government’s approach here isn’t just about tax savings; it’s about fairness and inclusion, ensuring that working Singaporeans get some breathing space.
Frequently Asked Questions
1. Who is eligible for the $200 income tax rebate?
All Singapore citizens and PRs who have filed a valid tax return and meet IRAS income criteria are eligible for the rebate.
2. How can I claim the rebate?
You can apply through the IRAS myTax Portal before 26 October 2025. Make sure your bank details and contact information are updated.
3. When will I receive the rebate?
The rebate will be processed after the October deadline and credited directly to your tax account or bank.