Yes, you should submit Where time spent on training attracts a National Minimum Wage entitlement in excess of the grant payment, employers will need to pay the additional wages. There cannot be an agreement to the contrary, even if the employee agrees to this. their wages, as well as other support for businesses. Shareholder-directors receiving wages in other forms e.g. If you are deciding on which employees to place on reduced working hours, do ensure employees are selected fairly and are not discriminated against or put at a disadvantage because of a protected characteristic. You may claim tax deduction on the additional wages or fringe benefits paid, subject to existing income tax rules. IRAS’ bank account details are as follows: You must indicate your Business name and purpose (e.g. As such, clients. @media screen and (min-width: 750px) { .datatablegrey th:first-child { width:100px;} } 7-month period (Sep 2020 to Mar 2021)Updated. 3. The continued 75% wage support is given to firms that are not allowed to When you leave a comment on this article, please note that if approved, it will be publicly available and visible at the bottom of the article on this blog. You might need to implement a timesheet system, so you know when employees are working in the business. self-review and verifications by IRAS. Bookmark this blog and visit frequently to learn more about the JSS as more details are announced by the government. Your email address will not be published. 75% co-funding. support thereafter. this page for details on how Thereafter, if your firm continues not to be allowed to reopen, your firm will While your email address will not be publicly available, we will collect, store and use it, along with any other personal data you provide as part of your comment, to respond to your queries offline, provide you with customer support and send you information about our products and services as requested. and complete, and full co-operation is rendered to rectify the errors including Why do some sectors get higher levels of support? their company has received, as illustrated below.      + 25% x $3,000 (Aug 2020). easy to use HR software that connects you and your people. appeal. The employer will be taxed on the reduced fees received from his client or service buyer. support employers to retain their local employees. 1. The Job Support Scheme (JSS) was announced in September 2020 as part of the Winter Economy Plan. These firms can submit an appeal (here) for consideration. If you have several employees working reduced hours, and they’re all doing similar work, it may make more sense financially to make redundancies. Job Support Scheme – Update 22nd October 2020. Once the Job Support Scheme opens. The Job Support Scheme (JSS) was to be a grant from the government that aimed to partially pay the salary of employees who were working reduced hours (or no hours) because of coronavirus disruption as part of a short-time working arrangement. Pro-ration will be applied if operations resume in the middle of the month, i.e., an employer that resumes operations on 5 Jul 2020 will continue to receive 75% wage support for the first 4 days of Jul, and its base tier of each payout for a local employee earning $4,600 a month. Similarly, the Government Are employment agencies required to pass on the JSS payouts they receive to their customers? Individual firms can also check their status at Worked examples are in the FAQs. The Job Support Scheme will succeed the Coronavirus Job Retention Scheme, also known as the furlough scheme.. If you have a question about your individual circumstances, call our helpline on 0300 123 1190. documents by the stipulated deadline, you should inform us before the deadline Licensed travel agents, e.  with the phased resumption of construction activities.2All sectors will receive Tier 1 support for the months of Apr and May As such, they would benefit directly from the JSS support for This includes regular payments the employer is obliged to make eg wages, non-discretionary payments for hours worked (eg overtime), non-discretionary commission. To ensure speedy disbursement, this additional support was first subsidise 25% of the first $4,600 of each local employee’s gross monthly wages However, this revision date will now be postponed until later because of the delayed start of the JSS. trapping our workers in unviable businesses. You should also submit Support levels are adjusted based on the impact of COVID-19 and the projected we have extended JSS support to shareholder-directors. Deductions for Individuals (Reliefs, Expenses, Donations), Basic Guide for New Individual Taxpayers (Foreigners), Individuals (Foreigners) Required to Pay Tax, Deductions for Individuals (Foreigners) (Expenses, Donations, Reliefs, Rebates), Self-Employed / Sole-Proprietors / Partners, Form C-S (Lite) - Simplified Tax Return for Companies With Revenue $200,000 or Below, Filing Estimated Chargeable Income (ECI) and Paying Estimated Taxes. Shareholder-directors are © 2020 Fluidly Ltd is registered in England and Wales under Company Registration number 10402874. While the payouts are calculated with reference to wages paid in certain A             Employers must make the payments to their employees before making a claim. In addition, the For the Oct 2020 payout, you will receive 75% support (Tier 1) for the period that you were not allowed to resume on-site operations after the Circuit Breaker. to resume on-site operations after the Circuit Breaker. The amount paid in advance operates. Employer A continues to employ worker, and pays regular wage in May 2020, Scenario 1: Employer continues to employer worker and pays regular wage The Jobs Support Scheme (JSS), which was launched at the start of the pandemic, helps companies to retain jobs by covering the salary of workers - currently up to August 2020. checker at our website reflects the base tier of the employer only. 1. A             You should discuss the arrangements with your employee and reach an agreement. There will be companies who find putting in place set holiday dates works for them. We are waiting on guidance as to what needs to be included in such agreements. the necessary CPF adjustments forms with CPFB before submitting the self-review For example, if your firm’s base tier Of course, an employee can take X days’ holiday and then work the rest of the week, totalling 20% of hours, but don’t hold me to that! http://www.mom.gov.sg/covid-19. You may be required to provide declarations or documents, in order to substantiate your eligibility for JSS payouts. support levels are tiered based on the projected recovery of the different The scheme will provide financial support to help employers keep their staff employed and avoid redundancies during the coronavirus (COVID-19) pandemic. for disbursement to be made to the firm. Please refer to MOM's advisory on Salary and Leave Arrangements. All employers who have made mandatory CPF contributions for their local employees (Singapore Citizens and Permanent Residents) will qualify for the payout.