InvoiceNow becomes compulsory for new GST firms in Singapore from 2026. Key dates, penalties

GST InvoiceNow 2026

KEY HIGHLIGHTS InvoiceNow becomes compulsory for new GST-registered businesses from 1 April 2026. Firms that ignore the rule risk GST de-registration, fines, and rejected GST claims. Early setup is low-cost or free for most SMEs — no need expensive systems. Most Singapore SMEs still send invoices the familiar way: PDFs over email, WhatsApp screenshots, sometimes … Read more

Over 950,000 HDB households will get U-Save and S&CC rebates in January 2026

HDB rebates January 2026

KEY HIGHLIGHTS Over 950,000 HDB households will receive U-Save and S&CC rebates in January 2026. Eligible homes can get up to S$190 in utility rebates plus 0.5 month of S&CC savings. No application needed — rebates are credited automatically to utility and town council accounts. Good news for HDB residents — help with monthly bills … Read more

2026 Senior Bonus Singapore: Seniors May Get Up to S$900

2026 Senior Bonus Singapore

KEY HIGHLIGHTS Singapore seniors aged 65 and above may receive up to S$900 in cash support in 2026. No application needed — eligibility is automatically assessed using Government records. Payouts aim to ease cost-of-living pressure and boost retirement cash flow. The 2026 Senior Bonus has officially been rolled out as part of Singapore’s wider effort … Read more

Silver Support Scheme 2026: Enhanced Quarterly Payouts For Seniors Explained

S$900 Quarterly Payout

Cash support without paperwork — that’s what makes the Silver Support Scheme so important for many elderly Singaporeans. As living costs rise and people live longer, this scheme continues to be a key safety net for seniors who earned little during their working years. S$900 Quarterly Payout: See eligibility and payout dates for Silver Support … Read more

CPF interest rates stay at 4% and 2.5% in 2026, while BHS rises to S$79,000

CPF interest rates 2026

KEY HIGHLIGHTS CPF interest rates stay unchanged into early 2026, with OA at 2.5% and SMRA at 4% Basic Healthcare Sum (BHS) increases to S$79,000 for members below 65 Overall impact: steady returns, higher MediSave cap, no shocks for Singaporeans For most Singaporeans, it affects housing, healthcare, and long-term income — all at once. Heading … Read more

CPF changes from 1 Jan 2026 raise the salary ceiling to S$8,000, How will they affect you?

CPF changes from 1 Jan 2026

KEY HIGHLIGHTS CPF monthly salary ceiling rises to S$8,000 from 1 January 2026. Higher CPF deductions for those earning above S$7,400, but bigger retirement savings. Senior workers aged 55–65 will also see higher CPF contribution rates. If your monthly pay is creeping past S$7,400, or you’re above 55, this one matters. From 1 January 2026, … Read more

Silver Support Scheme Continues in 2026, What Seniors Should Know

Silver Support Scheme

KEY HIGHLIGHTS Silver Support Scheme will continue into 2026 for eligible Singapore seniors. Quarterly cash payouts help seniors with lower lifetime earnings. Some seniors may see changes depending on household income and housing type. If you or your parents rely on government support after retirement, this update is worth paying attention to.The Silver Support Scheme … Read more

3 Legal Ways to Lower Your Taxes in Singapore Before Year End

Singapore tax relief 2026

KEY HIGHLIGHTS Still time before 31 December 2026 to legally reduce your Singapore income tax. CPF top-ups and SRS contributions can cut your taxable income by up to S$80,000. Used correctly, you grow retirement savings while paying less tax next year. The year is almost over, and this is the last window before 31 December … Read more

From 2026, eligible seniors get up to S$1,000 MediSave match yearly and higher CareShield Life payouts

S$1,000 MediSave match

KEY HIGHLIGHTS From January 2026, eligible seniors get government-matched MediSave top-ups. Top up S$1,000, receive S$1,000 free — up to S$5,000 over five years. CareShield Life payouts also grow faster, easing long-term care costs for families. From January 2026, Singapore is rolling out two healthcare upgrades that directly affect how seniors pay for medical and … Read more

BHS Rises to S$79,000 from 1 Jan 2026: Learn How it Affects your MediSave, Who it applies to

BHS Rises to S$79,000

KEY HIGHLIGHTS The Basic Healthcare Sum (BHS) for 2026 rises to S$79,000 for CPF members below 65. This affects how much you can keep in MediSave and where excess CPF contributions go. Change starts 1 January 2026; top-ups are optional but irreversible. If you track your CPF closely, this one is worth your attention. From … Read more

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