Assurance Package (AP) Cash
How much will I receive in December 2023 from Assurance Package (AP) Cash and AP Cash Special Payment?
| Singaporeans Aged 21 Years and Above in 2024 | ||||
|---|---|---|---|---|
| Payment | Owns 0 to 1 property | Owns more than 1 property | ||
| Assessable Income for Year of Assessment 2022 | ||||
| Up to $34,000 | More than $34,000, and up to $100,000 | More than $100,000 | ||
| AP Cash | $600 | $350 | $200 | $200 |
| AP Cash Special Payment | $200 | $150 | - | - |
| Total | $800 | $500 | $200 | $200 |
You may also use the Support For You Calculator to find out the estimated benefits you and your household may receive from the Government.
AP Cash
Every Singaporean aged 21 years and above will receive cash payments amounting to between $700 to $2,250, depending on his/her income and property ownership. The payments will be disbursed over five years, from 2022 to 2026.Singaporeans aged 21 years and above in reference year |
Disbursement Period | ||||
|---|---|---|---|---|---|
| Owns 0 to 1 property | Owns more than 1 property |
||||
| Assessable Income (AI) | |||||
| Up to $34,000 | More than $34,000, and up to $100,000 | More than $100,000 | |||
| 2023 | Dec 2022 | $200 | $150 | $100 | $100 |
| 2024 | Dec 2023 | $600 | $350 | $200 | $200 |
| 2025 | Dec 2024 | $600 | $350 | $200 | $200 |
| 2026 | Dec 2025 | $600 | $350 | $100 | $100 |
| 2027 | Dec 2026 | $250 | $150 | $100 | $100 |
| Total | $2,250 | $1,350 | $700 | $700 | |
To receive the AP Cash, you must fulfil the following criteria:
i. You must be a Singapore citizen residing in Singapore; and
ii. You must be aged 21 and above in the reference year.
The disbursement of AP Cash in December 2023 is based on your Assessable Income for Year of Assessment 2022 (income earned in 2021).
AP Cash Special Payment
As part of the additional $1.1 billion Cost-of-Living Support Package announced in September 2023, eligible adult Singaporeans aged 21 years and above in 2024 will receive one-off special payment of up to $200, depending on his/her income and property ownership, in December 2023. The payments will be disbursed together with AP Cash.| Singaporeans Aged 21 Years and Above in 2024 | ||||
|---|---|---|---|---|
| Disbursement Period | Owns 0 to 1 property | Owns more than 1 property | ||
| Assessable Income for Year of Assessment 2022 | ||||
| Up to $34,000 | More than $34,000, and up to $100,000 | More than $100,000 | ||
| Dec 2023 | $200 | $150 | - | - |
To receive the AP Cash Special Payment, you must fulfil the following criteria:
i. You must be a Singapore citizen residing in Singapore;
ii. You must be aged 21 and above in 2024; and
iii. Your Assessable Income for Year of Assessment 2022 (income earned in 2021) did not exceed $100,000.
Common terms related to the AP Cash's eligibility criteria
| Term(s) | Description |
|---|---|
| Assessable Income (AI) | Your AI is your total income after deducting allowable expenses and approved donations. It includes employment income, trade income, and other income such as rental income. Based on the sample Notice of Assessment here: Income = $35,000 Donations = $5,000 Assessable income = $35,000 - $5,000 = $30,000 You may visit iras.gov.sg [log in to myTax Portal using your Singpass > Notices/Letters > Individual, select Year of Assessment 2022/2023] to view your Notice of Assessment. |
| Singapore Citizen | Those who hold foreign citizenship will not be eligible for the AP Cash, regardless of whether they simultaneously hold Singapore citizenship. Please approach the Immigration and Checkpoints Authority (ICA) on issues relating to your citizenship. |