In 2025, Singaporean taxpayers are set to benefit from the government’s Personal Income Tax (PIT) Rebate scheme, designed to reduce the tax burden on resident individuals during challenging economic times. The rebate, which applies to taxes assessed for the Year of Assessment (YA) 2025, offers eligible taxpayers up to $200 in savings and is part of Singapore’s broader strategy to support households facing inflation and cost-of-living pressures.
PIT Rebate Scheme 2025
| Key Aspect | Details |
|---|---|
| Rebate amount | Up to $200 per taxpayer |
| Applicable year | Year of Assessment (YA) 2025, based on income earned in 2024 |
| Eligibility | Singapore tax residents with assessable income |
| Rebate type | One-time offset against income tax payable |
| Application requirement | None required; automatically applied during tax assessment |
| Official portal | www.iras.gov.sg |
Why This Rebate Is Being Rolled Out Now
The PIT rebate was introduced as part of Budget 2024 to cushion the financial impact of rising living costs, inflationary pressures, and upcoming tax adjustments. It complements other national support measures—such as the Assurance Package and GST Voucher scheme—by offering direct tax relief to working individuals. This targeted approach helps ensure that Singaporean tax residents, especially those in the middle-income bracket, retain more disposable income during uncertain economic periods.
Eligibility Criteria
To qualify for the PIT Rebate in YA 2025, individuals must meet the following conditions:
- Be a Singapore tax resident for the Year of Assessment 2025
- Have personal income taxable under IRAS (earned in 2024)
- File their tax return correctly by the due date (typically April 18, 2025, for e-filing)
Note: The rebate is applicable only to personal income taxes and does not apply to:
- Corporate taxes
- Trusts or partnerships
- Non-resident individuals
Breakdown of the Rebate
| Income Tax Payable | Rebate Applied (YA 2025) |
|---|---|
| Less than $200 | 100% of tax payable is rebated |
| $200 or more | Flat rebate of $200 |
This means that every eligible tax resident will either:
- Have their full tax offset, if they owe less than $200
- Or receive a $200 reduction on their tax bill, if their liability is higher
The rebate is non-refundable and only reduces the tax payable. It cannot be refunded as cash or carried forward to the next year.
Payment Timeline
The rebate is applied automatically during the tax assessment process for YA 2025, which takes place in May–September 2025, depending on when a tax return is filed.
- Filing deadline: By April 18, 2025 (e-Filing)
- Assessment period: May to September 2025
- Tax payment due: Typically within one month of the Notice of Assessment (NOA)
There is no need to apply—the Inland Revenue Authority of Singapore (IRAS) will automatically calculate and apply the rebate when processing your return.
Automatic Disbursement
The $200 PIT rebate is automatically applied to your Notice of Assessment (NOA) for YA 2025. If you qualify, the rebate will be clearly reflected in your NOA, reducing the final amount payable. IRAS uses your tax filing, income, and residency status to determine eligibility without requiring any further action from you.
How to Check Eligibility and View Rebate
To verify whether you have received the PIT rebate or to check your final tax amount:
- Log in to your myTax Portal at www.iras.gov.sg
- Navigate to “Notices/Letters” and open your Notice of Assessment for YA 2025
- Look for a line showing “Personal Income Tax Rebate” with the applied amount
If you haven’t received your NOA yet, you can use the estimated tax calculator available on the portal to project your tax payable and see how the rebate may apply.
Tips on Maximizing Your Tax Benefits
While the rebate is fixed, you can still reduce your overall tax bill further by:
- Claiming all eligible tax reliefs and deductions (e.g., NSman Relief, Parent Relief, SRS contributions)
- Filing your tax return early and accurately
- Keeping records of donations, insurance premiums, or course fees for deductions
Combining the rebate with these tax-saving strategies can further lower your out-of-pocket payment for 2025.
A Proactive Step Toward Income Relief
The introduction of the PIT rebate is another example of Singapore’s commitment to responsive, equitable fiscal policy. By targeting relief toward working Singaporeans and middle-income earners, the government ensures that individuals benefit directly from national surpluses and prudent budgeting, especially during inflationary or transitional periods.
It complements other schemes like the Assurance Package, CDC Vouchers, and GST Vouchers, ensuring holistic support across income groups.
FAQs
Q1: Who qualifies for the PIT rebate?
A: All Singapore tax-resident individuals who file and are assessed for YA 2025 are eligible.
Q2: Do I need to apply for the rebate?
A: No. The rebate is automatically granted during the assessment process.
Q3: What if my income tax payable is below $200?
A: You’ll receive a rebate equal to your full tax payable—up to $200.
Q4: Will the rebate be paid out in cash?
A: No. It is not a cash payout. The rebate directly reduces your income tax payable.
Q5: Can this rebate be carried forward if unused?
A: No. The rebate is non-transferable and non-refundable. It only applies to YA 2025.