🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 28 (from laksa048)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa028.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.moneysmart.sg/covid-19/self-employed-ms\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.moneysmart.sg/covid-19/self-employed-ms\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.moneysmart.sg\/covid-19\/self-employed-ms","crawl_time":1775691442,"first_indexed_time":1591189421,"http_code":200,"src_unparsed":"sg,moneysmart!www,\/covid-19\/self-employed-ms s443","src_root_hash":"13205646038179025628","history_drop_reason":null,"meta_title":"Self-Employed Person Income Relief Schemes - Covid-19 Resources for SEPs | MoneySmart","meta_descriptions":["Covid-19 has affected almost all segments of society, but self-employed persons (SEPs) are one of the hardest-hit groups in Singapore. The government has therefore introduced special measures to help self-employed persons with their income loss. Here are some useful resources for SEPs who need financial assistance."],"attrs_boilerpipe_text":"Taxi \/ private-hire driver\nInsurance agent\nProperty agent\nBusiness owner\nPrivate tuition teacher\nFreelancer\nDelivery rider\nConsultant\nFood stall owner\nThe SEP Income Relief Scheme, or SIRS, is a Covid-19 relief scheme that's targeted specifically at self-employed persons whose livelihoods were affected by the coronavirus outbreak. Most SEPs are automatically included, but if you aren't, you can still apply for it.\nHow much is the SIRS payout?\nIf you are eligible, you will receive 3 payouts of S$3,000 each (so S$9,000 in total). These are paid out in May, July and October 2020, in cash. There is no announcement on extending the support to 2021 yet.\nSelf Employment\nYou are a Self-Employed Person, and started work as a SEP on or before 25 March 2020. Your Net Trade Income does not exceed S$100,000 a year.\nEmployment Income\nIf you are both an employee and self-employed worker, you can also apply. Your income from being an employee must not exceed S$2,300 a month.\nAdditional Requirements\nYou home's annual value must not exceed S$21,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S$70,000.\nIf eligible, you will get S$9,000 in total cash payouts from the government in 2020. This is divided into 3 payments of S$3,000 each. You will get S$3,000 in May, S$3,000 in July, and S$3,000 in October.\nThe SEP Income Relief Scheme's cut-offs for household income and property value are in place to make sure the money goes to the neediest groups. However, if you narrowly miss the qualifying criteria, you can submit an appeal through the Income SIRS website.\nWondering if your home's annual value exceeds S$21,000? You can check it easily by logging into IRAS MyTax Portal. Go to \"View Property Portfolio\" to see your home's annual value. This amount is based on the rental rates and it can fluctuate.\nNo, the SEP Income Relief Scheme is for Singapore citizens and PRs only (as are the majority of the Covid-19 relief schemes). Foreigners can seek assistance from the Singapore embassies of their home countries and\/or speak to their local MP or Social Service Office.\nGet Letter of Eligibility\nThis scheme is open to most self-employed Singapore citizens and PRs. However, you still need to apply for a\nLetter of Eligibility\nfirst. You'll need to send in supporting documents (NRIC, latest IRAS income statement, bank statement) by email thereafter. You will get the Letter of Eligibility within 2 working days if successful.\nAttend an Eligible Course\nYou can get the training allowance only if you attend eligible courses, which are listed on the\nIncome Learning Hub website\n. On top of being eligible for training allowance, you can also use SkillsFuture credits to pay for these courses so they need not even cost you any money. If you are an Income member, you can also use your UTAP credits to pay for them.\nSubmit Your Allowance Claim\nAfter completing your course, you can submit your claim to\n[email protected]\n(within 30 days of course completion). You must attach your course receipt, the endorsed Training Certification Slip, and a signed PDPA form, where applicable. Income will transfer the training allowance to your bank account within 30 working days.\nHow do I qualify for the SEP Training Support Scheme?\nTo qualify, you must be a Singapore citizen or PR. You have to be self-employed and have filed your income tax in 2020 (i.e. declared your income for 2019). You can have income from employment, but the majority of your income should come from being a SEP.\nDo the SIRS eligibility criteria apply to this scheme?\nNo, the property annual value and spouse income criteria do not apply here. For peace of mind, do apply for a Letter of Eligibility first.\nCan I get more than S$10 an hour?\nYes, if you joined Income as a member. If you were a member before March 2020, you can get S$11 an hour (instead of the usual S$10) under the same scheme. If you joined from March onwards, you will get S$10.50 an hour. If you are not a member, you can join first before signing up for the scheme.\nSelf-employed workers who are in the lower wage bracket are eligible for financial benefits under the Workfare Income Supplement (WIS) Scheme. In 2020, those under Workfare will get a special cash payout to tide them over Covid-19.\nHow much is the Workfare payout?\nFor self-employed persons, the regular annual WIS payout ranges from S$1,133 to S$2,667, of which 10% is paid in cash (the other 90% is in Medisave). But, just for Covid-19, there will be a special payment in 2020: 2 x S$1,500 cash payouts in July and October 2020 (total S$3,000).\nHow can you receive the payouts?\nThere is no application procedure for Workfare - you will be automatically enrolled in the scheme as long as you declare your income to IRAS. If you have not been issued with any income tax return request, you can declare your income to the CPF Board. You must also make Medisave contributions to your own account, which is mandatory for SEPs in Singapore.\nCitizenship & Age\nThe Workfare scheme is for Singapore citizens only - PRs are not eligible - who are at least 35 years old. All Singaporean persons with disabilities qualify for Workfare with no age requirement.\nEmployment Income\nWorkfare is open to employees and self-employed persons earning an average monthly income of not more than S$2,300. SEPs must declare your net trade income to IRAS and make Medisave contributions.\nOther Requirements\nYou home's annual value must not exceed S$13,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S$70,000, and you must not own more than 1 property together.\nFor self-employed persons, the regular annual WIS payout ranges from S$1,133 to S$2,667 (90% in Medisave and 10% in cash). For 2020, however, there is a Workfare Income Supplement Scheme Special Payment of S$3,000. This will be split into 2 payments of S$1,500 each. Expect the first S$1,500 to be credited in July 2020, while the second S$1,500 will be paid in October 2020.\nYou may have fallen through the cracks if you did not declare your income to IRAS or CPF Board, or did not make the mandatory Medisave contribution required for self-employed persons. Check if you have declared your income and made your Medisave contributions for the year.\nYou can check if your home's annual value exceeds S$13,000 by logging into IRAS MyTax Portal. Go to \"View Property Portfolio\" to see your home's annual value. This amount is based on the rental rates and it can fluctuate.\nDefer Outstanding Loans\nIf you are unable to repay your outstanding loans - such as your housing loan, car loan and education loan - you can now apply for a loan deferment with the bank. You may or may not be asked to show proof of your income loss due to Covid-19. But bear in mind that you will have to pay back the deferred amount (which can total to quite a lot) when the special measures are lifted.\nGet a Personal Loan\nIn this economic climate, we would hesitate to recommend a personal loan, since it's hard to know when your income and repaying power will stabilise. However, if you really do need the cash in the short term - for example, to repay urgent outstanding debts - a\npersonal loan is one solution\n. Make sure that you have a plan for repaying the loan, such as by selling off your assets.\nIncrease Your Credit Limit\nDepending on your circumstances, it might make sense to apply for more credit while you can (i.e., before your income drops further). Increasing your credit limit is a simple matter of\napplying for another credit card\nwith a bank you have not applied at before. You do not even have to use the additional credit limit (in fact, it's best if you don't) but it can be reassuring to have that lifeline, just in case.\nYes, you can apply for a personal loan if you meet the eligibility requirements laid out by the provider. For Singapore citizens and PRs, the minimum income you need is S$20,000 a year.\nApart from your personal identification documents such as your NRIC, you will also need to provide proof of income. Since self-employed persons do not get paychecks, you will need to submit at least 1 to 2 years' worth of your income tax Notice of Assessment. The provider may also request your latest bank statements.\nYou can speak to various personal loan providers to find out what your options are. You may be asked to show your company's financial statements (if you have registered one), rental income records (if you are a landlord), and\/or your personal bank statements.","attrs_markdown":"[![MoneySmart Logo](https:\/\/assets.cdn-moneysmart.com\/assets\/cargo\/svg\/w5vwxizv54d1kcnlfsds.svg)](https:\/\/www.moneysmart.sg\/)\n\n- [Cards](https:\/\/www.moneysmart.sg\/credit-cards)\n  #### Compare Credit Cards\n  [All Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards) [Air Miles Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/air-miles) [Cash Back Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/cash-back) [No Annual Fee Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/no-annual-fee) [Overseas Spending Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/overseas-spending) [Promo Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/promo) [Petrol Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards\/petrol) [Rewards Credit 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[Home](https:\/\/www.moneysmart.sg\/)\n2. [Covid 19](https:\/\/www.moneysmart.sg\/covid-19)\n3. [Self-Employed Person Income Relief Schemes - Covid-19 Resources for SEPs](https:\/\/www.moneysmart.sg\/covid-19\/self-employed-ms)\n\n# Surviving Covid-19 As a Self-Employed Person - SEP Schemes & Resources\nCovid-19 has affected almost all segments of society, but self-employed persons (SEPs) are one of the hardest-hit groups in Singapore. The government has therefore introduced special measures to help self-employed persons with their income loss. Here are some useful resources for SEPs who need financial assistance.\n\n![masthead-media](https:\/\/www.moneysmart.sg\/cdn-cgi\/image\/w=447,h=284,f=webp,q=100\/https:\/\/lps-images.moneysmart.co\/content\/3149\/content_image\/1845cdf9ec8c86df0bfdafd087d943aa.png)\n\n## Are You a Self-Employed Person?\nOfficially, a self-employed person (SEP) is anyone who earns money through anything other than employment under an employment contract. That means it's possible to be considered a SEP even if you are employed - for example, if you are a part-time employee as well as a taxi driver. According to the Inland Revenue Authority of Singapore, here are some common examples of SEPs in Singapore.\n\n### Taxi \/ private-hire driver\n### Insurance agent\n### Property agent\n### Business owner\n### Private tuition teacher\n### Freelancer\n### Delivery rider\n### Consultant\n### Food stall owner\n\n## Which Financial Relief Scheme Are You Looking for?\n[![related-landing-pages-media](https:\/\/lps-images.moneysmart.co\/content\/3150\/content_image\/3dc9a027765bf10a41ad20c1e8e9c804.png)SEP Income Relief](https:\/\/www.moneysmart.sg\/covid-19\/self-employed-ms#sep-income-relief-scheme-\$sirs\$)\n\n[![related-landing-pages-media](https:\/\/lps-images.moneysmart.co\/content\/2992\/content_image\/8ac577e87433296c367b4c4562c9a675.png)Training Support](https:\/\/www.moneysmart.sg\/covid-19\/self-employed-ms#sep-training-support-scheme)\n\n[![related-landing-pages-media](https:\/\/lps-images.moneysmart.co\/content\/2992\/content_image\/7981fc07cc5ae0818ed3a73660aef3ca.png)Workfare Scheme](https:\/\/www.moneysmart.sg\/covid-19\/self-employed-ms#workfare-income-supplement-\$wis\$-scheme)\n\n[![related-landing-pages-media](https:\/\/lps-images.moneysmart.co\/content\/2992\/content_image\/15d691e902cdf21c95d2bb92fb8dd56b.png)Other Resources](https:\/\/www.moneysmart.sg\/covid-19\/self-employed-ms#other-resources-for-self-employed-persons)\n\n## SEP Income Relief Scheme (SIRS)\n###\nThe SEP Income Relief Scheme, or SIRS, is a Covid-19 relief scheme that's targeted specifically at self-employed persons whose livelihoods were affected by the coronavirus outbreak. Most SEPs are automatically included, but if you aren't, you can still apply for it.\n\n### How much is the SIRS payout?\nIf you are eligible, you will receive 3 payouts of S\\$3,000 each (so S\\$9,000 in total). These are paid out in May, July and October 2020, in cash. There is no announcement on extending the support to 2021 yet.\n\n![three-column-vertical-media](https:\/\/lps-images.moneysmart.co\/content\/3159\/content_image\/62304a00ec3c05632e4e9a5913bf5520.png)![three-column-vertical-media](https:\/\/lps-images.moneysmart.co\/content\/3159\/content_image\/8ada93fe455aee085df2c4a9ea373c7f.png)\n\n## Who is Eligible for SEP Income Relief Scheme (SIRS)?\nTo qualify for the SEP Income Relief Scheme, you should fulfill the following requirements:\n\n### Self Employment\nYou are a Self-Employed Person, and started work as a SEP on or before 25 March 2020. Your Net Trade Income does not exceed S\\$100,000 a year.\n\n### Employment Income\nIf you are both an employee and self-employed worker, you can also apply. Your income from being an employee must not exceed S\\$2,300 a month.\n\n### Additional Requirements\nYou home's annual value must not exceed S\\$21,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S\\$70,000.\n\n## Frequently Asked Questions\n### How much will I get under the SEP Income Relief Scheme?\nIf eligible, you will get S\\$9,000 in total cash payouts from the government in 2020. This is divided into 3 payments of S\\$3,000 each. You will get S\\$3,000 in May, S\\$3,000 in July, and S\\$3,000 in October.\n\n### What if I narrowly miss the eligibility criteria?\nThe SEP Income Relief Scheme's cut-offs for household income and property value are in place to make sure the money goes to the neediest groups. However, if you narrowly miss the qualifying criteria, you can submit an appeal through the Income SIRS website.\n\n### How do I check my property's annual value?\nWondering if your home's annual value exceeds S\\$21,000? You can check it easily by logging into IRAS MyTax Portal. Go to \"View Property Portfolio\" to see your home's annual value. This amount is based on the rental rates and it can fluctuate.\n\n### Do foreigners qualify for the SEP Income Relief Scheme?\nNo, the SEP Income Relief Scheme is for Singapore citizens and PRs only (as are the majority of the Covid-19 relief schemes). Foreigners can seek assistance from the Singapore embassies of their home countries and\/or speak to their local MP or Social Service Office.\n\n![Background image](https:\/\/www.moneysmart.sg\/lps-assets\/did-you-know.MfepLGYZ.png)\n\n![footer-banner-image-media](https:\/\/lps-images.moneysmart.co\/content\/2925\/content_image\/6c4fa81885a70977066cb14b27c7e62c.png)\n\n![footer-banner-image-media](https:\/\/lps-images.moneysmart.co\/content\/2925\/content_image\/fd0b9e68f3319966fa03e39a6ea4cc11.png)\n\n## SEP Training Support Scheme\nThe SEP Training Support Scheme is a joint programme by the Singapore government and Income. Under this scheme, self-employed persons are encouraged to go for career training, and they can get at least S\\$10 per hour as training allowance. (It's slightly more if you are an Income member.) You will need to complete your training course in order to claim the money - here's how it works.\n\n![masthead-media](https:\/\/www.moneysmart.sg\/cdn-cgi\/image\/w=447,h=284,f=webp,q=100\/https:\/\/lps-images.moneysmart.co\/content\/3153\/content_image\/7193f38e834bc34f4fcd27b09346ed79.png)\n\n## How to Claim Your SEP Training Support Scheme Allowance?\nIf you're a SEP who's keen on upskilling during the Covid-19 downtime, great. Follow the below steps to train and claim your S\\$10 an hour allowance.\n\n### Get Letter of Eligibility\nThis scheme is open to most self-employed Singapore citizens and PRs. However, you still need to apply for a [**Letter of Eligibility**](https:\/\/www.e2i.com.sg\/sep2020-form) first. You'll need to send in supporting documents (NRIC, latest IRAS income statement, bank statement) by email thereafter. You will get the Letter of Eligibility within 2 working days if successful.\n\n### Attend an Eligible Course\nYou can get the training allowance only if you attend eligible courses, which are listed on the [**Income Learning Hub website**](https:\/\/www.ntuclearninghub.com\/ntuc-training-fund-seps\/). On top of being eligible for training allowance, you can also use SkillsFuture credits to pay for these courses so they need not even cost you any money. If you are an Income member, you can also use your UTAP credits to pay for them.\n\n### Submit Your Allowance Claim\nAfter completing your course, you can submit your claim to [\\[email protected\\]](https:\/\/www.moneysmart.sg\/cdn-cgi\/l\/email-protection) (within 30 days of course completion). You must attach your course receipt, the endorsed Training Certification Slip, and a signed PDPA form, where applicable. Income will transfer the training allowance to your bank account within 30 working days.\n\n## The MoneySmart Covid-19 Survival Guide\nApart from getting financial aid from these Covid-19 relief schemes, what else can you do to get through this? Head over to our main Covid-19 resource hub to get practical advice on the circuit breaker, dealing with debt, and how to make the most of your personal finances during the coronavirus period.\n\n[Read More](https:\/\/www.moneysmart.sg\/covid-19\/survival-guide-ms)\n\n##\n### How do I qualify for the SEP Training Support Scheme?\nTo qualify, you must be a Singapore citizen or PR. You have to be self-employed and have filed your income tax in 2020 (i.e. declared your income for 2019). You can have income from employment, but the majority of your income should come from being a SEP.\n\n### Do the SIRS eligibility criteria apply to this scheme?\nNo, the property annual value and spouse income criteria do not apply here. For peace of mind, do apply for a Letter of Eligibility first.\n\n### Can I get more than S\\$10 an hour?\nYes, if you joined Income as a member. If you were a member before March 2020, you can get S\\$11 an hour (instead of the usual S\\$10) under the same scheme. If you joined from March onwards, you will get S\\$10.50 an hour. If you are not a member, you can join first before signing up for the scheme.\n\n![footer-banner-image-media](https:\/\/lps-images.moneysmart.co\/content\/2854\/content_image\/1c483ff9ec7bfbbc34b6190d70fad7dc.png)\n\n![footer-banner-image-media](https:\/\/lps-images.moneysmart.co\/content\/2854\/content_image\/07df33f71d4e12afcbd1acd569adcdf8.png)\n\n## Workfare Income Supplement (WIS) Scheme\n###\nSelf-employed workers who are in the lower wage bracket are eligible for financial benefits under the Workfare Income Supplement (WIS) Scheme. In 2020, those under Workfare will get a special cash payout to tide them over Covid-19.\n\n### How much is the Workfare payout?\nFor self-employed persons, the regular annual WIS payout ranges from S\\$1,133 to S\\$2,667, of which 10% is paid in cash (the other 90% is in Medisave). But, just for Covid-19, there will be a special payment in 2020: 2 x S\\$1,500 cash payouts in July and October 2020 (total S\\$3,000).\n\n### How can you receive the payouts?\nThere is no application procedure for Workfare - you will be automatically enrolled in the scheme as long as you declare your income to IRAS. If you have not been issued with any income tax return request, you can declare your income to the CPF Board. You must also make Medisave contributions to your own account, which is mandatory for SEPs in Singapore.\n\n![three-column-vertical-media](https:\/\/lps-images.moneysmart.co\/content\/2968\/content_image\/df8fdfb4d3d6db14085b291843b68999.png)![three-column-vertical-media](https:\/\/lps-images.moneysmart.co\/content\/2968\/content_image\/82f05328aee554d11ca453e32dc1e051.png)\n\n## Who is eligible for Workfare Income Supplement (WIS) Scheme?\nWorkfare is a scheme for lower-income Singaporean workers, and benefits are paid out regularly via CPF top-ups and cash payments. You will be automatically included in the scheme if you declare your earnings to IRAS and meet the eligibility criteria here.\n\n### Citizenship & Age\nThe Workfare scheme is for Singapore citizens only - PRs are not eligible - who are at least 35 years old. All Singaporean persons with disabilities qualify for Workfare with no age requirement.\n\n### Employment Income\nWorkfare is open to employees and self-employed persons earning an average monthly income of not more than S\\$2,300. SEPs must declare your net trade income to IRAS and make Medisave contributions.\n\n### Other Requirements\nYou home's annual value must not exceed S\\$13,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S\\$70,000, and you must not own more than 1 property together.\n\n## Frequently Asked Questions\n### How much will I get under the Workfare Scheme?\nFor self-employed persons, the regular annual WIS payout ranges from S\\$1,133 to S\\$2,667 (90% in Medisave and 10% in cash). For 2020, however, there is a Workfare Income Supplement Scheme Special Payment of S\\$3,000. This will be split into 2 payments of S\\$1,500 each. Expect the first S\\$1,500 to be credited in July 2020, while the second S\\$1,500 will be paid in October 2020.\n\n### I meet the criteria but am not receiving payouts. Why?\nYou may have fallen through the cracks if you did not declare your income to IRAS or CPF Board, or did not make the mandatory Medisave contribution required for self-employed persons. Check if you have declared your income and made your Medisave contributions for the year.\n\n### How do I check my property's annual value?\nYou can check if your home's annual value exceeds S\\$13,000 by logging into IRAS MyTax Portal. Go to \"View Property Portfolio\" to see your home's annual value. This amount is based on the rental rates and it can fluctuate.\n\n![Background image](https:\/\/www.moneysmart.sg\/lps-assets\/did-you-know.MfepLGYZ.png)\n\n## Other Resources for Self-Employed Persons\nIt's not easy being self-employed in Singapore, but at least the government has recognised your financial difficulties. If you qualify for all 3 schemes above, you'd be looking at at least S\\$12,000 in cash payouts for the rest of 2020 - not too shabby - plus training allowance. But what else can you do to get through this tough period? Here are some suggestions for improving your cashflow situation.\n\n![masthead-media](https:\/\/www.moneysmart.sg\/cdn-cgi\/image\/w=447,h=284,f=webp,q=100\/https:\/\/lps-images.moneysmart.co\/content\/3164\/content_image\/b1be53612017dfaf96beb570f267bdd4.png)\n\n![footer-banner-image-media](https:\/\/lps-images.moneysmart.co\/content\/3158\/content_image\/03fa7af4ae7a5a57068b6475d53eb922.png)\n\n![footer-banner-image-media](https:\/\/lps-images.moneysmart.co\/content\/3158\/content_image\/805221276bb8385d1535a0b3b0b459b1.png)\n\n## 3 Ways to Improve Your Cashflow During Covid-19\nIf you are cash-strapped due to Covid-19, you're not alone. It's not going to last forever, so hopefully it's only a temporary situation that you are in. You can consider the following options to improve your cashflow:\n\n### Defer Outstanding Loans\nIf you are unable to repay your outstanding loans - such as your housing loan, car loan and education loan - you can now apply for a loan deferment with the bank. You may or may not be asked to show proof of your income loss due to Covid-19. But bear in mind that you will have to pay back the deferred amount (which can total to quite a lot) when the special measures are lifted.\n\n### Get a Personal Loan\nIn this economic climate, we would hesitate to recommend a personal loan, since it's hard to know when your income and repaying power will stabilise. However, if you really do need the cash in the short term - for example, to repay urgent outstanding debts - a [**personal loan is one solution**](https:\/\/www.moneysmart.sg\/personal-loan\/). Make sure that you have a plan for repaying the loan, such as by selling off your assets.\n\n### Increase Your Credit Limit\nDepending on your circumstances, it might make sense to apply for more credit while you can (i.e., before your income drops further). Increasing your credit limit is a simple matter of [**applying for another credit card**](https:\/\/www.moneysmart.sg\/credit-cards\/) with a bank you have not applied at before. You do not even have to use the additional credit limit (in fact, it's best if you don't) but it can be reassuring to have that lifeline, just in case.\n\n## Compare Personal Loan Interest Rates\nA personal loan is a serious commitment and shouldn't be taken lightly. If you have no choice but to borrow from a bank, take a moment to understand the terms of the deal. Find the right loan package for your needs and income level with MoneySmart's personal loan calculator.\n\n[Compare Now](https:\/\/www.moneysmart.sg\/personal-loan\/)\n\n## Frequently Asked Questions\n### Can self-employed persons get a personal loan?\nYes, you can apply for a personal loan if you meet the eligibility requirements laid out by the provider. For Singapore citizens and PRs, the minimum income you need is S\\$20,000 a year.\n\n### What income documents will I need to provide?\nApart from your personal identification documents such as your NRIC, you will also need to provide proof of income. Since self-employed persons do not get paychecks, you will need to submit at least 1 to 2 years' worth of your income tax Notice of Assessment. The provider may also request your latest bank statements.\n\n### What if I don't have enough income documents?\nYou can speak to various personal loan providers to find out what your options are. You may be asked to show your company's financial statements (if you have registered one), rental income records (if you are a landlord), and\/or your personal bank statements.\n\n1. [Home](https:\/\/www.moneysmart.sg\/)\n2. [Covid 19](https:\/\/www.moneysmart.sg\/covid-19)\n3. [Self-Employed Person Income Relief Schemes - Covid-19 Resources for SEPs](https:\/\/www.moneysmart.sg\/covid-19\/self-employed-ms)\n\n![MoneySmart Logo](https:\/\/assets.cdn-moneysmart.com\/assets\/cargo\/svg\/w5vwxizv54d1kcnlfsds.svg)\n\n- [About](https:\/\/www.moneysmart.sg\/about-us)\n- [Careers](https:\/\/moneysmart.com\/)\n- [Contact Us](https:\/\/www.moneysmart.sg\/contact-us)\n\n- [Credit Cards](https:\/\/www.moneysmart.sg\/credit-cards)\n- [Insurance](https:\/\/www.moneysmart.sg\/insurance)\n- [Personal Loans](https:\/\/www.moneysmart.sg\/personal-loan)\n\n[Blog](https:\/\/blog.moneysmart.sg\/)\n\n[Budgeting](https:\/\/blog.moneysmart.sg\/category\/budgeting\/)\n\n[Opinion](https:\/\/blog.moneysmart.sg\/category\/opinion\/)\n\n[Invest](https:\/\/blog.moneysmart.sg\/category\/invest\/)\n\nDisclaimer: At MoneySmart, we aim to provide accurate, objective and up-to-date information. The details you see on our site may be different from others. Some content may be compensated through third-party advertisers. However, the results of our comparison tools which are not marked as sponsored are based on objective analysis. All financial products and services are presented without warranty. The list of financial products displayed on this website are not exhaustive.\n\nFollow us\n\n© 2009-2026 MoneySmart Singapore Pte Ltd. All rights reserved. Use of this site constitutes acceptance of our [Terms of Use](https:\/\/www.moneysmart.sg\/terms-of-use), [Privacy Policy](https:\/\/www.moneysmart.sg\/privacy-policy) and [Fair Dealing Policy](https:\/\/www.moneysmart.sg\/fair-dealing-policy)","attrs_readable_markdown":"Taxi \/ private-hire driver\n\nInsurance agent\n\nProperty agent\n\nBusiness owner\n\nPrivate tuition teacher\n\nFreelancer\n\nDelivery rider\n\nConsultant\n\nFood stall owner\n\nThe SEP Income Relief Scheme, or SIRS, is a Covid-19 relief scheme that's targeted specifically at self-employed persons whose livelihoods were affected by the coronavirus outbreak. Most SEPs are automatically included, but if you aren't, you can still apply for it.\n\nHow much is the SIRS payout?\n\nIf you are eligible, you will receive 3 payouts of S\\$3,000 each (so S\\$9,000 in total). These are paid out in May, July and October 2020, in cash. There is no announcement on extending the support to 2021 yet.\n\n![three-column-vertical-media](https:\/\/lps-images.moneysmart.co\/content\/3159\/content_image\/62304a00ec3c05632e4e9a5913bf5520.png)![three-column-vertical-media](https:\/\/lps-images.moneysmart.co\/content\/3159\/content_image\/8ada93fe455aee085df2c4a9ea373c7f.png)\n\nSelf Employment\n\nYou are a Self-Employed Person, and started work as a SEP on or before 25 March 2020. Your Net Trade Income does not exceed S\\$100,000 a year.\n\nEmployment Income\n\nIf you are both an employee and self-employed worker, you can also apply. Your income from being an employee must not exceed S\\$2,300 a month.\n\nAdditional Requirements\n\nYou home's annual value must not exceed S\\$21,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S\\$70,000.\n\nIf eligible, you will get S\\$9,000 in total cash payouts from the government in 2020. This is divided into 3 payments of S\\$3,000 each. You will get S\\$3,000 in May, S\\$3,000 in July, and S\\$3,000 in October.\n\nThe SEP Income Relief Scheme's cut-offs for household income and property value are in place to make sure the money goes to the neediest groups. However, if you narrowly miss the qualifying criteria, you can submit an appeal through the Income SIRS website.\n\nWondering if your home's annual value exceeds S\\$21,000? You can check it easily by logging into IRAS MyTax Portal. Go to \"View Property Portfolio\" to see your home's annual value. This amount is based on the rental rates and it can fluctuate.\n\nNo, the SEP Income Relief Scheme is for Singapore citizens and PRs only (as are the majority of the Covid-19 relief schemes). Foreigners can seek assistance from the Singapore embassies of their home countries and\/or speak to their local MP or Social Service Office.\n\n![Background image](https:\/\/www.moneysmart.sg\/lps-assets\/did-you-know.MfepLGYZ.png)\n\nGet Letter of Eligibility\n\nThis scheme is open to most self-employed Singapore citizens and PRs. However, you still need to apply for a [**Letter of Eligibility**](https:\/\/www.e2i.com.sg\/sep2020-form) first. You'll need to send in supporting documents (NRIC, latest IRAS income statement, bank statement) by email thereafter. You will get the Letter of Eligibility within 2 working days if successful.\n\nAttend an Eligible Course\n\nYou can get the training allowance only if you attend eligible courses, which are listed on the [**Income Learning Hub website**](https:\/\/www.ntuclearninghub.com\/ntuc-training-fund-seps\/). On top of being eligible for training allowance, you can also use SkillsFuture credits to pay for these courses so they need not even cost you any money. If you are an Income member, you can also use your UTAP credits to pay for them.\n\nSubmit Your Allowance Claim\n\nAfter completing your course, you can submit your claim to [\\[email protected\\]](https:\/\/www.moneysmart.sg\/cdn-cgi\/l\/email-protection) (within 30 days of course completion). You must attach your course receipt, the endorsed Training Certification Slip, and a signed PDPA form, where applicable. Income will transfer the training allowance to your bank account within 30 working days.\n\nHow do I qualify for the SEP Training Support Scheme?\n\nTo qualify, you must be a Singapore citizen or PR. You have to be self-employed and have filed your income tax in 2020 (i.e. declared your income for 2019). You can have income from employment, but the majority of your income should come from being a SEP.\n\nDo the SIRS eligibility criteria apply to this scheme?\n\nNo, the property annual value and spouse income criteria do not apply here. For peace of mind, do apply for a Letter of Eligibility first.\n\nCan I get more than S\\$10 an hour?\n\nYes, if you joined Income as a member. If you were a member before March 2020, you can get S\\$11 an hour (instead of the usual S\\$10) under the same scheme. If you joined from March onwards, you will get S\\$10.50 an hour. If you are not a member, you can join first before signing up for the scheme.\n\nSelf-employed workers who are in the lower wage bracket are eligible for financial benefits under the Workfare Income Supplement (WIS) Scheme. In 2020, those under Workfare will get a special cash payout to tide them over Covid-19.\n\nHow much is the Workfare payout?\n\nFor self-employed persons, the regular annual WIS payout ranges from S\\$1,133 to S\\$2,667, of which 10% is paid in cash (the other 90% is in Medisave). But, just for Covid-19, there will be a special payment in 2020: 2 x S\\$1,500 cash payouts in July and October 2020 (total S\\$3,000).\n\nHow can you receive the payouts?\n\nThere is no application procedure for Workfare - you will be automatically enrolled in the scheme as long as you declare your income to IRAS. If you have not been issued with any income tax return request, you can declare your income to the CPF Board. You must also make Medisave contributions to your own account, which is mandatory for SEPs in Singapore.\n\n![three-column-vertical-media](https:\/\/lps-images.moneysmart.co\/content\/2968\/content_image\/df8fdfb4d3d6db14085b291843b68999.png)![three-column-vertical-media](https:\/\/lps-images.moneysmart.co\/content\/2968\/content_image\/82f05328aee554d11ca453e32dc1e051.png)\n\nCitizenship & Age\n\nThe Workfare scheme is for Singapore citizens only - PRs are not eligible - who are at least 35 years old. All Singaporean persons with disabilities qualify for Workfare with no age requirement.\n\nEmployment Income\n\nWorkfare is open to employees and self-employed persons earning an average monthly income of not more than S\\$2,300. SEPs must declare your net trade income to IRAS and make Medisave contributions.\n\nOther Requirements\n\nYou home's annual value must not exceed S\\$13,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S\\$70,000, and you must not own more than 1 property together.\n\nFor self-employed persons, the regular annual WIS payout ranges from S\\$1,133 to S\\$2,667 (90% in Medisave and 10% in cash). For 2020, however, there is a Workfare Income Supplement Scheme Special Payment of S\\$3,000. This will be split into 2 payments of S\\$1,500 each. Expect the first S\\$1,500 to be credited in July 2020, while the second S\\$1,500 will be paid in October 2020.\n\nYou may have fallen through the cracks if you did not declare your income to IRAS or CPF Board, or did not make the mandatory Medisave contribution required for self-employed persons. Check if you have declared your income and made your Medisave contributions for the year.\n\nYou can check if your home's annual value exceeds S\\$13,000 by logging into IRAS MyTax Portal. Go to \"View Property Portfolio\" to see your home's annual value. This amount is based on the rental rates and it can fluctuate.\n\n![Background image](https:\/\/www.moneysmart.sg\/lps-assets\/did-you-know.MfepLGYZ.png)\n\nDefer Outstanding Loans\n\nIf you are unable to repay your outstanding loans - such as your housing loan, car loan and education loan - you can now apply for a loan deferment with the bank. You may or may not be asked to show proof of your income loss due to Covid-19. But bear in mind that you will have to pay back the deferred amount (which can total to quite a lot) when the special measures are lifted.\n\nGet a Personal Loan\n\nIn this economic climate, we would hesitate to recommend a personal loan, since it's hard to know when your income and repaying power will stabilise. However, if you really do need the cash in the short term - for example, to repay urgent outstanding debts - a [**personal loan is one solution**](https:\/\/www.moneysmart.sg\/personal-loan\/). Make sure that you have a plan for repaying the loan, such as by selling off your assets.\n\nIncrease Your Credit Limit\n\nDepending on your circumstances, it might make sense to apply for more credit while you can (i.e., before your income drops further). Increasing your credit limit is a simple matter of [**applying for another credit card**](https:\/\/www.moneysmart.sg\/credit-cards\/) with a bank you have not applied at before. You do not even have to use the additional credit limit (in fact, it's best if you don't) but it can be reassuring to have that lifeline, just in case.\n\nYes, you can apply for a personal loan if you meet the eligibility requirements laid out by the provider. For Singapore citizens and PRs, the minimum income you need is S\\$20,000 a year.\n\nApart from your personal identification documents such as your NRIC, you will also need to provide proof of income. Since self-employed persons do not get paychecks, you will need to submit at least 1 to 2 years' worth of your income tax Notice of Assessment. The provider may also request your latest bank statements.\n\nYou can speak to various personal loan providers to find out what your options are. You may be asked to show your company's financial statements (if you have registered one), rental income records (if you are a landlord), and\/or your personal bank statements.","meta_canonical":null}

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URL	https://www.moneysmart.sg/covid-19/self-employed-ms
Last Crawled	2026-04-08 23:37:22 (2 days ago)
First Indexed	2020-06-03 13:03:41 (5 years ago)
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Meta Title	Self-Employed Person Income Relief Schemes - Covid-19 Resources for SEPs \| MoneySmart
Meta Description	Covid-19 has affected almost all segments of society, but self-employed persons (SEPs) are one of the hardest-hit groups in Singapore. The government has therefore introduced special measures to help self-employed persons with their income loss. Here are some useful resources for SEPs who need financial assistance.
Meta Canonical	null
Boilerpipe Text	Taxi / private-hire driver Insurance agent Property agent Business owner Private tuition teacher Freelancer Delivery rider Consultant Food stall owner The SEP Income Relief Scheme, or SIRS, is a Covid-19 relief scheme that's targeted specifically at self-employed persons whose livelihoods were affected by the coronavirus outbreak. Most SEPs are automatically included, but if you aren't, you can still apply for it. How much is the SIRS payout? If you are eligible, you will receive 3 payouts of S$3,000 each (so S$9,000 in total). These are paid out in May, July and October 2020, in cash. There is no announcement on extending the support to 2021 yet. Self Employment You are a Self-Employed Person, and started work as a SEP on or before 25 March 2020. Your Net Trade Income does not exceed S$100,000 a year. Employment Income If you are both an employee and self-employed worker, you can also apply. Your income from being an employee must not exceed S$2,300 a month. Additional Requirements You home's annual value must not exceed S$21,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S$70,000. If eligible, you will get S$9,000 in total cash payouts from the government in 2020. This is divided into 3 payments of S$3,000 each. You will get S$3,000 in May, S$3,000 in July, and S$3,000 in October. The SEP Income Relief Scheme's cut-offs for household income and property value are in place to make sure the money goes to the neediest groups. However, if you narrowly miss the qualifying criteria, you can submit an appeal through the Income SIRS website. Wondering if your home's annual value exceeds S$21,000? You can check it easily by logging into IRAS MyTax Portal. Go to "View Property Portfolio" to see your home's annual value. This amount is based on the rental rates and it can fluctuate. No, the SEP Income Relief Scheme is for Singapore citizens and PRs only (as are the majority of the Covid-19 relief schemes). Foreigners can seek assistance from the Singapore embassies of their home countries and/or speak to their local MP or Social Service Office. Get Letter of Eligibility This scheme is open to most self-employed Singapore citizens and PRs. However, you still need to apply for a Letter of Eligibility first. You'll need to send in supporting documents (NRIC, latest IRAS income statement, bank statement) by email thereafter. You will get the Letter of Eligibility within 2 working days if successful. Attend an Eligible Course You can get the training allowance only if you attend eligible courses, which are listed on the Income Learning Hub website . On top of being eligible for training allowance, you can also use SkillsFuture credits to pay for these courses so they need not even cost you any money. If you are an Income member, you can also use your UTAP credits to pay for them. Submit Your Allowance Claim After completing your course, you can submit your claim to [email protected] (within 30 days of course completion). You must attach your course receipt, the endorsed Training Certification Slip, and a signed PDPA form, where applicable. Income will transfer the training allowance to your bank account within 30 working days. How do I qualify for the SEP Training Support Scheme? To qualify, you must be a Singapore citizen or PR. You have to be self-employed and have filed your income tax in 2020 (i.e. declared your income for 2019). You can have income from employment, but the majority of your income should come from being a SEP. Do the SIRS eligibility criteria apply to this scheme? No, the property annual value and spouse income criteria do not apply here. For peace of mind, do apply for a Letter of Eligibility first. Can I get more than S$10 an hour? Yes, if you joined Income as a member. If you were a member before March 2020, you can get S$11 an hour (instead of the usual S$10) under the same scheme. If you joined from March onwards, you will get S$10.50 an hour. If you are not a member, you can join first before signing up for the scheme. Self-employed workers who are in the lower wage bracket are eligible for financial benefits under the Workfare Income Supplement (WIS) Scheme. In 2020, those under Workfare will get a special cash payout to tide them over Covid-19. How much is the Workfare payout? For self-employed persons, the regular annual WIS payout ranges from S$1,133 to S$2,667, of which 10% is paid in cash (the other 90% is in Medisave). But, just for Covid-19, there will be a special payment in 2020: 2 x S$1,500 cash payouts in July and October 2020 (total S$3,000). How can you receive the payouts? There is no application procedure for Workfare - you will be automatically enrolled in the scheme as long as you declare your income to IRAS. If you have not been issued with any income tax return request, you can declare your income to the CPF Board. You must also make Medisave contributions to your own account, which is mandatory for SEPs in Singapore. Citizenship & Age The Workfare scheme is for Singapore citizens only - PRs are not eligible - who are at least 35 years old. All Singaporean persons with disabilities qualify for Workfare with no age requirement. Employment Income Workfare is open to employees and self-employed persons earning an average monthly income of not more than S$2,300. SEPs must declare your net trade income to IRAS and make Medisave contributions. Other Requirements You home's annual value must not exceed S$13,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S$70,000, and you must not own more than 1 property together. For self-employed persons, the regular annual WIS payout ranges from S$1,133 to S$2,667 (90% in Medisave and 10% in cash). For 2020, however, there is a Workfare Income Supplement Scheme Special Payment of S$3,000. This will be split into 2 payments of S$1,500 each. Expect the first S$1,500 to be credited in July 2020, while the second S$1,500 will be paid in October 2020. You may have fallen through the cracks if you did not declare your income to IRAS or CPF Board, or did not make the mandatory Medisave contribution required for self-employed persons. Check if you have declared your income and made your Medisave contributions for the year. You can check if your home's annual value exceeds S$13,000 by logging into IRAS MyTax Portal. Go to "View Property Portfolio" to see your home's annual value. This amount is based on the rental rates and it can fluctuate. Defer Outstanding Loans If you are unable to repay your outstanding loans - such as your housing loan, car loan and education loan - you can now apply for a loan deferment with the bank. You may or may not be asked to show proof of your income loss due to Covid-19. But bear in mind that you will have to pay back the deferred amount (which can total to quite a lot) when the special measures are lifted. Get a Personal Loan In this economic climate, we would hesitate to recommend a personal loan, since it's hard to know when your income and repaying power will stabilise. However, if you really do need the cash in the short term - for example, to repay urgent outstanding debts - a personal loan is one solution . Make sure that you have a plan for repaying the loan, such as by selling off your assets. Increase Your Credit Limit Depending on your circumstances, it might make sense to apply for more credit while you can (i.e., before your income drops further). Increasing your credit limit is a simple matter of applying for another credit card with a bank you have not applied at before. You do not even have to use the additional credit limit (in fact, it's best if you don't) but it can be reassuring to have that lifeline, just in case. Yes, you can apply for a personal loan if you meet the eligibility requirements laid out by the provider. For Singapore citizens and PRs, the minimum income you need is S$20,000 a year. Apart from your personal identification documents such as your NRIC, you will also need to provide proof of income. Since self-employed persons do not get paychecks, you will need to submit at least 1 to 2 years' worth of your income tax Notice of Assessment. The provider may also request your latest bank statements. You can speak to various personal loan providers to find out what your options are. You may be asked to show your company's financial statements (if you have registered one), rental income records (if you are a landlord), and/or your personal bank statements.
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[Home](https://www.moneysmart.sg/) 2. [Covid 19](https://www.moneysmart.sg/covid-19) 3. [Self-Employed Person Income Relief Schemes - Covid-19 Resources for SEPs](https://www.moneysmart.sg/covid-19/self-employed-ms) # Surviving Covid-19 As a Self-Employed Person - SEP Schemes & Resources Covid-19 has affected almost all segments of society, but self-employed persons (SEPs) are one of the hardest-hit groups in Singapore. The government has therefore introduced special measures to help self-employed persons with their income loss. Here are some useful resources for SEPs who need financial assistance. ![masthead-media](https://www.moneysmart.sg/cdn-cgi/image/w=447,h=284,f=webp,q=100/https://lps-images.moneysmart.co/content/3149/content_image/1845cdf9ec8c86df0bfdafd087d943aa.png) ## Are You a Self-Employed Person? Officially, a self-employed person (SEP) is anyone who earns money through anything other than employment under an employment contract. That means it's possible to be considered a SEP even if you are employed - for example, if you are a part-time employee as well as a taxi driver. According to the Inland Revenue Authority of Singapore, here are some common examples of SEPs in Singapore. ### Taxi / private-hire driver ### Insurance agent ### Property agent ### Business owner ### Private tuition teacher ### Freelancer ### Delivery rider ### Consultant ### Food stall owner ## Which Financial Relief Scheme Are You Looking for? [![related-landing-pages-media](https://lps-images.moneysmart.co/content/3150/content_image/3dc9a027765bf10a41ad20c1e8e9c804.png)SEP Income Relief](https://www.moneysmart.sg/covid-19/self-employed-ms#sep-income-relief-scheme-$sirs$) [![related-landing-pages-media](https://lps-images.moneysmart.co/content/2992/content_image/8ac577e87433296c367b4c4562c9a675.png)Training Support](https://www.moneysmart.sg/covid-19/self-employed-ms#sep-training-support-scheme) [![related-landing-pages-media](https://lps-images.moneysmart.co/content/2992/content_image/7981fc07cc5ae0818ed3a73660aef3ca.png)Workfare Scheme](https://www.moneysmart.sg/covid-19/self-employed-ms#workfare-income-supplement-$wis$-scheme) [![related-landing-pages-media](https://lps-images.moneysmart.co/content/2992/content_image/15d691e902cdf21c95d2bb92fb8dd56b.png)Other Resources](https://www.moneysmart.sg/covid-19/self-employed-ms#other-resources-for-self-employed-persons) ## SEP Income Relief Scheme (SIRS) ### The SEP Income Relief Scheme, or SIRS, is a Covid-19 relief scheme that's targeted specifically at self-employed persons whose livelihoods were affected by the coronavirus outbreak. Most SEPs are automatically included, but if you aren't, you can still apply for it. ### How much is the SIRS payout? If you are eligible, you will receive 3 payouts of S\$3,000 each (so S\$9,000 in total). These are paid out in May, July and October 2020, in cash. There is no announcement on extending the support to 2021 yet. ![three-column-vertical-media](https://lps-images.moneysmart.co/content/3159/content_image/62304a00ec3c05632e4e9a5913bf5520.png)![three-column-vertical-media](https://lps-images.moneysmart.co/content/3159/content_image/8ada93fe455aee085df2c4a9ea373c7f.png) ## Who is Eligible for SEP Income Relief Scheme (SIRS)? To qualify for the SEP Income Relief Scheme, you should fulfill the following requirements: ### Self Employment You are a Self-Employed Person, and started work as a SEP on or before 25 March 2020. Your Net Trade Income does not exceed S\$100,000 a year. ### Employment Income If you are both an employee and self-employed worker, you can also apply. Your income from being an employee must not exceed S\$2,300 a month. ### Additional Requirements You home's annual value must not exceed S\$21,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S\$70,000. ## Frequently Asked Questions ### How much will I get under the SEP Income Relief Scheme? If eligible, you will get S\$9,000 in total cash payouts from the government in 2020. This is divided into 3 payments of S\$3,000 each. You will get S\$3,000 in May, S\$3,000 in July, and S\$3,000 in October. ### What if I narrowly miss the eligibility criteria? The SEP Income Relief Scheme's cut-offs for household income and property value are in place to make sure the money goes to the neediest groups. However, if you narrowly miss the qualifying criteria, you can submit an appeal through the Income SIRS website. ### How do I check my property's annual value? Wondering if your home's annual value exceeds S\$21,000? You can check it easily by logging into IRAS MyTax Portal. Go to "View Property Portfolio" to see your home's annual value. This amount is based on the rental rates and it can fluctuate. ### Do foreigners qualify for the SEP Income Relief Scheme? No, the SEP Income Relief Scheme is for Singapore citizens and PRs only (as are the majority of the Covid-19 relief schemes). Foreigners can seek assistance from the Singapore embassies of their home countries and/or speak to their local MP or Social Service Office. ![Background image](https://www.moneysmart.sg/lps-assets/did-you-know.MfepLGYZ.png) ![footer-banner-image-media](https://lps-images.moneysmart.co/content/2925/content_image/6c4fa81885a70977066cb14b27c7e62c.png) ![footer-banner-image-media](https://lps-images.moneysmart.co/content/2925/content_image/fd0b9e68f3319966fa03e39a6ea4cc11.png) ## SEP Training Support Scheme The SEP Training Support Scheme is a joint programme by the Singapore government and Income. Under this scheme, self-employed persons are encouraged to go for career training, and they can get at least S\$10 per hour as training allowance. (It's slightly more if you are an Income member.) You will need to complete your training course in order to claim the money - here's how it works. ![masthead-media](https://www.moneysmart.sg/cdn-cgi/image/w=447,h=284,f=webp,q=100/https://lps-images.moneysmart.co/content/3153/content_image/7193f38e834bc34f4fcd27b09346ed79.png) ## How to Claim Your SEP Training Support Scheme Allowance? If you're a SEP who's keen on upskilling during the Covid-19 downtime, great. Follow the below steps to train and claim your S\$10 an hour allowance. ### Get Letter of Eligibility This scheme is open to most self-employed Singapore citizens and PRs. However, you still need to apply for a [Letter of Eligibility](https://www.e2i.com.sg/sep2020-form) first. You'll need to send in supporting documents (NRIC, latest IRAS income statement, bank statement) by email thereafter. You will get the Letter of Eligibility within 2 working days if successful. ### Attend an Eligible Course You can get the training allowance only if you attend eligible courses, which are listed on the [Income Learning Hub website](https://www.ntuclearninghub.com/ntuc-training-fund-seps/). On top of being eligible for training allowance, you can also use SkillsFuture credits to pay for these courses so they need not even cost you any money. If you are an Income member, you can also use your UTAP credits to pay for them. ### Submit Your Allowance Claim After completing your course, you can submit your claim to [\[email protected\]](https://www.moneysmart.sg/cdn-cgi/l/email-protection) (within 30 days of course completion). You must attach your course receipt, the endorsed Training Certification Slip, and a signed PDPA form, where applicable. Income will transfer the training allowance to your bank account within 30 working days. ## The MoneySmart Covid-19 Survival Guide Apart from getting financial aid from these Covid-19 relief schemes, what else can you do to get through this? Head over to our main Covid-19 resource hub to get practical advice on the circuit breaker, dealing with debt, and how to make the most of your personal finances during the coronavirus period. [Read More](https://www.moneysmart.sg/covid-19/survival-guide-ms) ## ### How do I qualify for the SEP Training Support Scheme? To qualify, you must be a Singapore citizen or PR. You have to be self-employed and have filed your income tax in 2020 (i.e. declared your income for 2019). You can have income from employment, but the majority of your income should come from being a SEP. ### Do the SIRS eligibility criteria apply to this scheme? No, the property annual value and spouse income criteria do not apply here. For peace of mind, do apply for a Letter of Eligibility first. ### Can I get more than S\$10 an hour? Yes, if you joined Income as a member. If you were a member before March 2020, you can get S\$11 an hour (instead of the usual S\$10) under the same scheme. If you joined from March onwards, you will get S\$10.50 an hour. If you are not a member, you can join first before signing up for the scheme. ![footer-banner-image-media](https://lps-images.moneysmart.co/content/2854/content_image/1c483ff9ec7bfbbc34b6190d70fad7dc.png) ![footer-banner-image-media](https://lps-images.moneysmart.co/content/2854/content_image/07df33f71d4e12afcbd1acd569adcdf8.png) ## Workfare Income Supplement (WIS) Scheme ### Self-employed workers who are in the lower wage bracket are eligible for financial benefits under the Workfare Income Supplement (WIS) Scheme. In 2020, those under Workfare will get a special cash payout to tide them over Covid-19. ### How much is the Workfare payout? For self-employed persons, the regular annual WIS payout ranges from S\$1,133 to S\$2,667, of which 10% is paid in cash (the other 90% is in Medisave). But, just for Covid-19, there will be a special payment in 2020: 2 x S\$1,500 cash payouts in July and October 2020 (total S\$3,000). ### How can you receive the payouts? There is no application procedure for Workfare - you will be automatically enrolled in the scheme as long as you declare your income to IRAS. If you have not been issued with any income tax return request, you can declare your income to the CPF Board. You must also make Medisave contributions to your own account, which is mandatory for SEPs in Singapore. ![three-column-vertical-media](https://lps-images.moneysmart.co/content/2968/content_image/df8fdfb4d3d6db14085b291843b68999.png)![three-column-vertical-media](https://lps-images.moneysmart.co/content/2968/content_image/82f05328aee554d11ca453e32dc1e051.png) ## Who is eligible for Workfare Income Supplement (WIS) Scheme? Workfare is a scheme for lower-income Singaporean workers, and benefits are paid out regularly via CPF top-ups and cash payments. You will be automatically included in the scheme if you declare your earnings to IRAS and meet the eligibility criteria here. ### Citizenship & Age The Workfare scheme is for Singapore citizens only - PRs are not eligible - who are at least 35 years old. All Singaporean persons with disabilities qualify for Workfare with no age requirement. ### Employment Income Workfare is open to employees and self-employed persons earning an average monthly income of not more than S\$2,300. SEPs must declare your net trade income to IRAS and make Medisave contributions. ### Other Requirements You home's annual value must not exceed S\$13,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S\$70,000, and you must not own more than 1 property together. ## Frequently Asked Questions ### How much will I get under the Workfare Scheme? For self-employed persons, the regular annual WIS payout ranges from S\$1,133 to S\$2,667 (90% in Medisave and 10% in cash). For 2020, however, there is a Workfare Income Supplement Scheme Special Payment of S\$3,000. This will be split into 2 payments of S\$1,500 each. Expect the first S\$1,500 to be credited in July 2020, while the second S\$1,500 will be paid in October 2020. ### I meet the criteria but am not receiving payouts. Why? You may have fallen through the cracks if you did not declare your income to IRAS or CPF Board, or did not make the mandatory Medisave contribution required for self-employed persons. Check if you have declared your income and made your Medisave contributions for the year. ### How do I check my property's annual value? You can check if your home's annual value exceeds S\$13,000 by logging into IRAS MyTax Portal. Go to "View Property Portfolio" to see your home's annual value. This amount is based on the rental rates and it can fluctuate. ![Background image](https://www.moneysmart.sg/lps-assets/did-you-know.MfepLGYZ.png) ## Other Resources for Self-Employed Persons It's not easy being self-employed in Singapore, but at least the government has recognised your financial difficulties. If you qualify for all 3 schemes above, you'd be looking at at least S\$12,000 in cash payouts for the rest of 2020 - not too shabby - plus training allowance. But what else can you do to get through this tough period? Here are some suggestions for improving your cashflow situation. ![masthead-media](https://www.moneysmart.sg/cdn-cgi/image/w=447,h=284,f=webp,q=100/https://lps-images.moneysmart.co/content/3164/content_image/b1be53612017dfaf96beb570f267bdd4.png) ![footer-banner-image-media](https://lps-images.moneysmart.co/content/3158/content_image/03fa7af4ae7a5a57068b6475d53eb922.png) ![footer-banner-image-media](https://lps-images.moneysmart.co/content/3158/content_image/805221276bb8385d1535a0b3b0b459b1.png) ## 3 Ways to Improve Your Cashflow During Covid-19 If you are cash-strapped due to Covid-19, you're not alone. It's not going to last forever, so hopefully it's only a temporary situation that you are in. You can consider the following options to improve your cashflow: ### Defer Outstanding Loans If you are unable to repay your outstanding loans - such as your housing loan, car loan and education loan - you can now apply for a loan deferment with the bank. You may or may not be asked to show proof of your income loss due to Covid-19. But bear in mind that you will have to pay back the deferred amount (which can total to quite a lot) when the special measures are lifted. ### Get a Personal Loan In this economic climate, we would hesitate to recommend a personal loan, since it's hard to know when your income and repaying power will stabilise. However, if you really do need the cash in the short term - for example, to repay urgent outstanding debts - a [personal loan is one solution](https://www.moneysmart.sg/personal-loan/). Make sure that you have a plan for repaying the loan, such as by selling off your assets. ### Increase Your Credit Limit Depending on your circumstances, it might make sense to apply for more credit while you can (i.e., before your income drops further). Increasing your credit limit is a simple matter of [applying for another credit card](https://www.moneysmart.sg/credit-cards/) with a bank you have not applied at before. You do not even have to use the additional credit limit (in fact, it's best if you don't) but it can be reassuring to have that lifeline, just in case. ## Compare Personal Loan Interest Rates A personal loan is a serious commitment and shouldn't be taken lightly. If you have no choice but to borrow from a bank, take a moment to understand the terms of the deal. Find the right loan package for your needs and income level with MoneySmart's personal loan calculator. [Compare Now](https://www.moneysmart.sg/personal-loan/) ## Frequently Asked Questions ### Can self-employed persons get a personal loan? Yes, you can apply for a personal loan if you meet the eligibility requirements laid out by the provider. For Singapore citizens and PRs, the minimum income you need is S\$20,000 a year. ### What income documents will I need to provide? Apart from your personal identification documents such as your NRIC, you will also need to provide proof of income. Since self-employed persons do not get paychecks, you will need to submit at least 1 to 2 years' worth of your income tax Notice of Assessment. The provider may also request your latest bank statements. ### What if I don't have enough income documents? You can speak to various personal loan providers to find out what your options are. You may be asked to show your company's financial statements (if you have registered one), rental income records (if you are a landlord), and/or your personal bank statements. 1. [Home](https://www.moneysmart.sg/) 2. [Covid 19](https://www.moneysmart.sg/covid-19) 3. 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Readable Markdown	Taxi / private-hire driver Insurance agent Property agent Business owner Private tuition teacher Freelancer Delivery rider Consultant Food stall owner The SEP Income Relief Scheme, or SIRS, is a Covid-19 relief scheme that's targeted specifically at self-employed persons whose livelihoods were affected by the coronavirus outbreak. Most SEPs are automatically included, but if you aren't, you can still apply for it. How much is the SIRS payout? If you are eligible, you will receive 3 payouts of S\$3,000 each (so S\$9,000 in total). These are paid out in May, July and October 2020, in cash. There is no announcement on extending the support to 2021 yet. ![three-column-vertical-media](https://lps-images.moneysmart.co/content/3159/content_image/62304a00ec3c05632e4e9a5913bf5520.png)![three-column-vertical-media](https://lps-images.moneysmart.co/content/3159/content_image/8ada93fe455aee085df2c4a9ea373c7f.png) Self Employment You are a Self-Employed Person, and started work as a SEP on or before 25 March 2020. Your Net Trade Income does not exceed S\$100,000 a year. Employment Income If you are both an employee and self-employed worker, you can also apply. Your income from being an employee must not exceed S\$2,300 a month. Additional Requirements You home's annual value must not exceed S\$21,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S\$70,000. If eligible, you will get S\$9,000 in total cash payouts from the government in 2020. This is divided into 3 payments of S\$3,000 each. You will get S\$3,000 in May, S\$3,000 in July, and S\$3,000 in October. The SEP Income Relief Scheme's cut-offs for household income and property value are in place to make sure the money goes to the neediest groups. However, if you narrowly miss the qualifying criteria, you can submit an appeal through the Income SIRS website. Wondering if your home's annual value exceeds S\$21,000? You can check it easily by logging into IRAS MyTax Portal. Go to "View Property Portfolio" to see your home's annual value. This amount is based on the rental rates and it can fluctuate. No, the SEP Income Relief Scheme is for Singapore citizens and PRs only (as are the majority of the Covid-19 relief schemes). Foreigners can seek assistance from the Singapore embassies of their home countries and/or speak to their local MP or Social Service Office. ![Background image](https://www.moneysmart.sg/lps-assets/did-you-know.MfepLGYZ.png) Get Letter of Eligibility This scheme is open to most self-employed Singapore citizens and PRs. However, you still need to apply for a [Letter of Eligibility](https://www.e2i.com.sg/sep2020-form) first. You'll need to send in supporting documents (NRIC, latest IRAS income statement, bank statement) by email thereafter. You will get the Letter of Eligibility within 2 working days if successful. Attend an Eligible Course You can get the training allowance only if you attend eligible courses, which are listed on the [Income Learning Hub website](https://www.ntuclearninghub.com/ntuc-training-fund-seps/). On top of being eligible for training allowance, you can also use SkillsFuture credits to pay for these courses so they need not even cost you any money. If you are an Income member, you can also use your UTAP credits to pay for them. Submit Your Allowance Claim After completing your course, you can submit your claim to [\[email protected\]](https://www.moneysmart.sg/cdn-cgi/l/email-protection) (within 30 days of course completion). You must attach your course receipt, the endorsed Training Certification Slip, and a signed PDPA form, where applicable. Income will transfer the training allowance to your bank account within 30 working days. How do I qualify for the SEP Training Support Scheme? To qualify, you must be a Singapore citizen or PR. You have to be self-employed and have filed your income tax in 2020 (i.e. declared your income for 2019). You can have income from employment, but the majority of your income should come from being a SEP. Do the SIRS eligibility criteria apply to this scheme? No, the property annual value and spouse income criteria do not apply here. For peace of mind, do apply for a Letter of Eligibility first. Can I get more than S\$10 an hour? Yes, if you joined Income as a member. If you were a member before March 2020, you can get S\$11 an hour (instead of the usual S\$10) under the same scheme. If you joined from March onwards, you will get S\$10.50 an hour. If you are not a member, you can join first before signing up for the scheme. Self-employed workers who are in the lower wage bracket are eligible for financial benefits under the Workfare Income Supplement (WIS) Scheme. In 2020, those under Workfare will get a special cash payout to tide them over Covid-19. How much is the Workfare payout? For self-employed persons, the regular annual WIS payout ranges from S\$1,133 to S\$2,667, of which 10% is paid in cash (the other 90% is in Medisave). But, just for Covid-19, there will be a special payment in 2020: 2 x S\$1,500 cash payouts in July and October 2020 (total S\$3,000). How can you receive the payouts? There is no application procedure for Workfare - you will be automatically enrolled in the scheme as long as you declare your income to IRAS. If you have not been issued with any income tax return request, you can declare your income to the CPF Board. You must also make Medisave contributions to your own account, which is mandatory for SEPs in Singapore. ![three-column-vertical-media](https://lps-images.moneysmart.co/content/2968/content_image/df8fdfb4d3d6db14085b291843b68999.png)![three-column-vertical-media](https://lps-images.moneysmart.co/content/2968/content_image/82f05328aee554d11ca453e32dc1e051.png) Citizenship & Age The Workfare scheme is for Singapore citizens only - PRs are not eligible - who are at least 35 years old. All Singaporean persons with disabilities qualify for Workfare with no age requirement. Employment Income Workfare is open to employees and self-employed persons earning an average monthly income of not more than S\$2,300. SEPs must declare your net trade income to IRAS and make Medisave contributions. Other Requirements You home's annual value must not exceed S\$13,000, and you do not own more than 1 property. For married SEPs, your spouse's income must not exceed S\$70,000, and you must not own more than 1 property together. For self-employed persons, the regular annual WIS payout ranges from S\$1,133 to S\$2,667 (90% in Medisave and 10% in cash). For 2020, however, there is a Workfare Income Supplement Scheme Special Payment of S\$3,000. This will be split into 2 payments of S\$1,500 each. Expect the first S\$1,500 to be credited in July 2020, while the second S\$1,500 will be paid in October 2020. You may have fallen through the cracks if you did not declare your income to IRAS or CPF Board, or did not make the mandatory Medisave contribution required for self-employed persons. Check if you have declared your income and made your Medisave contributions for the year. You can check if your home's annual value exceeds S\$13,000 by logging into IRAS MyTax Portal. Go to "View Property Portfolio" to see your home's annual value. This amount is based on the rental rates and it can fluctuate. ![Background image](https://www.moneysmart.sg/lps-assets/did-you-know.MfepLGYZ.png) Defer Outstanding Loans If you are unable to repay your outstanding loans - such as your housing loan, car loan and education loan - you can now apply for a loan deferment with the bank. You may or may not be asked to show proof of your income loss due to Covid-19. But bear in mind that you will have to pay back the deferred amount (which can total to quite a lot) when the special measures are lifted. Get a Personal Loan In this economic climate, we would hesitate to recommend a personal loan, since it's hard to know when your income and repaying power will stabilise. However, if you really do need the cash in the short term - for example, to repay urgent outstanding debts - a [personal loan is one solution](https://www.moneysmart.sg/personal-loan/). Make sure that you have a plan for repaying the loan, such as by selling off your assets. Increase Your Credit Limit Depending on your circumstances, it might make sense to apply for more credit while you can (i.e., before your income drops further). Increasing your credit limit is a simple matter of [applying for another credit card](https://www.moneysmart.sg/credit-cards/) with a bank you have not applied at before. You do not even have to use the additional credit limit (in fact, it's best if you don't) but it can be reassuring to have that lifeline, just in case. Yes, you can apply for a personal loan if you meet the eligibility requirements laid out by the provider. For Singapore citizens and PRs, the minimum income you need is S\$20,000 a year. Apart from your personal identification documents such as your NRIC, you will also need to provide proof of income. Since self-employed persons do not get paychecks, you will need to submit at least 1 to 2 years' worth of your income tax Notice of Assessment. The provider may also request your latest bank statements. You can speak to various personal loan providers to find out what your options are. You may be asked to show your company's financial statements (if you have registered one), rental income records (if you are a landlord), and/or your personal bank statements.
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