Assurance Package Cash
Assurance Package (AP) Cash
Every Singaporean aged 21 years and above will receive cash benefits of $700 to $1,600, depending on his/her income and property ownership. The payment will be disbursed over five years, from 2022 to 2026.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.
Singaporeans aged 21 years and above in reference year |
Payment Period | ||||
---|---|---|---|---|---|
Owns 0 to 1 property | Owns >1 property |
||||
Assessable Income (AI) for Year of Assessment in Payment Year | |||||
AI ≤ $34,000 | $34,000 < AI ≤ $100,000 | AI > $100,000 | |||
2023 | Dec 2022 | $200* | $150* | $100 | $100 |
2024 | Dec 2023 | $400 | $250 | $200 | $200 |
2025 | Dec 2024 | $400 | $250 | $200 | $200 |
2026 | Dec 2025 | $400 | $250 | $100 | $100 |
2027 | Dec 2026 | $200 | $150 | $100 | $100 |
Total | $1,600 | $1,050 | $700 | $700 | |
You may login to the e-services to view your eligibility for the AP Cash.
Common terms related to the AP Cash 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 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 regardless of whether they simultaneously hold Singapore citizenship. Please approach the Immigration and Checkpoints Authority (ICA) to resolve your citizenship issues. |