Assurance Package Cash
Assurance Package (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 >1 property |
||||
| Assessable Income (AI) | |||||
| AI ≤ $34,000 | $34,000 < AI ≤ $100,000 | AI > $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 fulfill the following criteria:
i. You must be a Singapore citizen residing in Singapore;
ii. You must be aged 21 and above in the reference year.
You may login to the e-services to view your eligibility for the 2023 AP Cash.
Common terms related to the AP Cash's eligibility criteria
| Term(s) | Description |
|---|---|
| Assessable Income (AI) | Your AI includes all forms of income from trade, business,
profession or vocation, employment, as well as rental income that
is taxable. Your AI can be found on your tax bill (or Notice of Assessment) that you receive from IRAS each year if you are required to pay taxes. You may visit iras.gov.sg [log in to myTax Portal using your Singpass > Notices/Letters > Individual, select Year of Assessment] 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. |