Funding & Claims - For Employers
SSG Funding
Companies sponsoring their employees for training to enhance their employees’ capabilities and productivity, the following are some funding available:
1) Course Fee Funding
Course Fee Funding is available for employers who sponsor their employees for training.
Course level | Courses starting on or after 1 Jan 2022 | |
---|---|---|
Certifiable courses approved by SSG | ||
Courses conducted by external training providers | ||
SCs and PRs | PMET | Up to 50% of course fees |
Non-PMET | ||
SCs aged ≥ 40 years old (SkillsFuture Mid-career Enhanced Subsidy) | PMET and non-PMET | Up to 70% of course fees |
Small and Medium Enterprises (SMEs) (Enhanced Training Support for SMEs) | ||
Non-certifiable courses approved by SSG | ||
All SCs and PRs | PMET and non-PMET | $2 per hour |
2) Absentee Payroll Funding
Absentee Payroll Funding is available for employers who sponsor their employees for training
Courses starting on or after 1 Jan 2022 | |||
---|---|---|---|
Course Level | Singapore Citizens and Permanent Residents | Singapore Citizens aged 35 and above (or Persons with Special Needs aged 13 and above), earning a monthly salary ≤$2,300 (Workfare Skills Support) | |
For training conducted outside working hours, AP funding is given to the employers to defray the overtime pay that was paid to their employees. Hence to qualify for AP funding, employers must have in place a Human Resource (HR) policy which provides for the payment of overtime pay to employees for these training hours and pay their employees overtime pay for these hours, in accordance with the HR policy. | |||
Courses offered by SSG-appointed CET Centres and SSG supported certifiable courses | PMET | $4.50 per hour, capped at $100,000 per enterprise per calendar year | 95% of hourly basic salary |
Non-PMET |
SkillsFuture Enterprise Credit (SFEC)
Overview
The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.
What does the SFEC support?
- Enterprise Transformation Schemes by various agencies hosted on the Business Grant Portal (BGP)
- Workforce Transformation Training courses aligned to the various Industry Skills Frameworks by SkillsFuture Singapore (SSG), Job redesign initiatives, Career Conversion Programmes, etc by Workforce Singapore (WSG)
The list of SFEC-supportable programmes can be found below:
Programmes | Agency |
Workforce Transformation Programmes | |
| SkillsFuture Singapore |
2. Career Conversion Programme (course fee expenses only) | Workforce Singapore |
6. Training Industry Professionals in Tourism (TIP-iT) | Singapore Tourism Board |
To encourage employers to embark on both enterprise and workforce transformation programmes in tandem, S$3,000 of the credit can be used for workforce transformation programmes only. Hence, employers can only use up to S$7,000 of the credit for enterprise transformation. There is no cap on the amount that can be used for workforce transformation.
Note:
a. A separate application for SFEC is not necessary. ESG will notify all newly eligible employers for SFEC via email sent to their registered CorpPass Administrators.
b. Employers will have to meet the eligibility criteria of the individual SFEC-supportable programmes before they can draw down the credit. The SFEC credit will be automatically deducted for SFEC-supportable schemes or training courses.
c. Employers newly qualified in 20211 may use their SFEC for supportable programmes applied from 1 April 2022. Employers who were previously qualified2 can continue to use their SFEC for supportable programmes submitted on or after 1 April 2020.
1 Qualifying period: 1 Jan 2021 – 31 Dec 2021
2 Previous qualifying periods were:
a. 1 April 2019 – 31 March 2020
b. 1 July 2019 – 30 June 2020
c. 1 October 2019 – 30 September 2020
d. 1 January 2020 – 31 December 2020
d. Employers who have sent foreign employees (excluding Long-Term Visit Pass holders) for training will have to submit the SFEC claims after course completion via the SkillsFuture Singapores's SFEC microsite. If the employees are Singaporean/Permanent Resident employees (including Long-Term Visit Pass holders), please check with the Training Providers on whether there is a need to submit the SFEC claims via the microsite.
e. Final claims for SFEC-supportable programmes must be submitted to the respective agencies by 30 June 2024. Claims can only be submitted for training which has been completed.
Eligibility
Eligible employers have been qualified for SFEC over 5 qualifying periods. Employers that have fulfilled the eligibility criteria for SFEC will be informed by Enterprise Singapore.
Please refer to the table below for the qualifying periods and the respective eligibility criteria.
Qualifying Periods | Eligibility Criteria | |
---|---|---|
SFEC (Budget 2020) |
| Employers must meet the following conditions over any of the qualifying periods:
|
SFEC Expansion (Budget 2022) |
| Employers must meet the following conditions over the qualifying period:
|
FAQ & Claim Guide
Click here for a simple 2-step guide to check on your SFEC eligibility via the Business Grant Portal.
Click here for SFEC Frequently Asked Questions (FAQ)
Click here for SFEC User Claim Guide
For more enterprise programmes and initiatives, visit Enterprise Portal for Jobs & Skills
Enterprise Innovation Scheme (EIS)
Amount of Tax Deductions and/ or Allowances Granted Before YA 2024 | Amount of Tax Deductions and/ or Allowances Granted From YA 2024 to YA 2028 | |
---|---|---|
Training | 100% tax deduction on training expenditure (Sections 14 and 15) |
|
To further reinforce existing measures to encourage employers to invest in enterprise training and capabilities of their employees, an additional 300% tax deduction is granted on the first $400,000 of qualifying training expenditure incurred in a basis period.
Together with the 100% base deduction under Section 14 of the ITA, a total of 400% tax deduction is granted on the first $400,000 of qualifying training expenditure incurred for each YA. All other training expenditure, including qualifying training expenditure exceeding $400,000, incurred during the basis period continues to enjoy 100% base deduction, subject to the general tax deduction rules under Sections 14 and 15.
The enhanced tax deduction is applicable to qualifying training expenditure incurred on courses that are eligible for SkillsFuture Singapore (SSG) funding and aligned with the Skills Framework4.
For the purpose of the EIS, qualifying training expenditure refers to course fees paid by employers (whether directly or in the form of reimbursement) to a SSG-funded course provider, including certification fees and assessment fees. The enhanced tax deduction is computed based on the amount of qualifying training expenditure incurred by a business net of any Government grant or subsidy received by the business in respect of the course.
4 The list of eligible courses is available on go.gov.sg/eis-training.
Click here for more information on the Enterprise Innovation Scheme (EIS).
SSG Funding
Companies sponsoring their employees for training to enhance their employees’ capabilities and productivity, the following are some funding available:
1) Course Fee Funding
Course Fee Funding is available for employers who sponsor their employees for training.
Course level | Courses starting on or after 1 Jan 2022 | |
---|---|---|
Certifiable courses approved by SSG | ||
Courses conducted by external training providers | ||
SCs and PRs | PMET | Up to 50% of course fees |
Non-PMET | ||
SCs aged ≥ 40 years old (SkillsFuture Mid-career Enhanced Subsidy) | PMET and non-PMET | Up to 70% of course fees |
Small and Medium Enterprises (SMEs) (Enhanced Training Support for SMEs) | ||
Non-certifiable courses approved by SSG | ||
All SCs and PRs | PMET and non-PMET | $2 per hour |
2) Absentee Payroll Funding
Absentee Payroll Funding is available for employers who sponsor their employees for training
Courses starting on or after 1 Jan 2022 | |||
---|---|---|---|
Course Level | Singapore Citizens and Permanent Residents | Singapore Citizens aged 35 and above (or Persons with Special Needs aged 13 and above), earning a monthly salary ≤$2,300 (Workfare Skills Support) | |
For training conducted outside working hours, AP funding is given to the employers to defray the overtime pay that was paid to their employees. Hence to qualify for AP funding, employers must have in place a Human Resource (HR) policy which provides for the payment of overtime pay to employees for these training hours and pay their employees overtime pay for these hours, in accordance with the HR policy. | |||
Courses offered by SSG-appointed CET Centres and SSG supported certifiable courses | PMET | $4.50 per hour, capped at $100,000 per enterprise per calendar year | 95% of hourly basic salary |
Non-PMET |
SkillsFuture Enterprise Credit (SFEC)
Overview
The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.
What does the SFEC support?
- Enterprise Transformation Schemes by various agencies hosted on the Business Grant Portal (BGP)
- Workforce Transformation Training courses aligned to the various Industry Skills Frameworks by SkillsFuture Singapore (SSG), Job redesign initiatives, Career Conversion Programmes, etc by Workforce Singapore (WSG)
The list of SFEC-supportable programmes can be found below:
Programmes | Agency |
Workforce Transformation Programmes | |
| SkillsFuture Singapore |
2. Career Conversion Programme (course fee expenses only) | Workforce Singapore |
6. Training Industry Professionals in Tourism (TIP-iT) | Singapore Tourism Board |
To encourage employers to embark on both enterprise and workforce transformation programmes in tandem, S$3,000 of the credit can be used for workforce transformation programmes only. Hence, employers can only use up to S$7,000 of the credit for enterprise transformation. There is no cap on the amount that can be used for workforce transformation.
Note:
a. A separate application for SFEC is not necessary. ESG will notify all newly eligible employers for SFEC via email sent to their registered CorpPass Administrators.
b. Employers will have to meet the eligibility criteria of the individual SFEC-supportable programmes before they can draw down the credit. The SFEC credit will be automatically deducted for SFEC-supportable schemes or training courses.
c. Employers newly qualified in 20211 may use their SFEC for supportable programmes applied from 1 April 2022. Employers who were previously qualified2 can continue to use their SFEC for supportable programmes submitted on or after 1 April 2020.
1 Qualifying period: 1 Jan 2021 – 31 Dec 2021
2 Previous qualifying periods were:
a. 1 April 2019 – 31 March 2020
b. 1 July 2019 – 30 June 2020
c. 1 October 2019 – 30 September 2020
d. 1 January 2020 – 31 December 2020
d. Employers who have sent foreign employees (excluding Long-Term Visit Pass holders) for training will have to submit the SFEC claims after course completion via the SkillsFuture Singapores's SFEC microsite. If the employees are Singaporean/Permanent Resident employees (including Long-Term Visit Pass holders), please check with the Training Providers on whether there is a need to submit the SFEC claims via the microsite.
e. Final claims for SFEC-supportable programmes must be submitted to the respective agencies by 30 June 2024. Claims can only be submitted for training which has been completed.
Eligibility
Eligible employers have been qualified for SFEC over 5 qualifying periods. Employers that have fulfilled the eligibility criteria for SFEC will be informed by Enterprise Singapore.
Please refer to the table below for the qualifying periods and the respective eligibility criteria.
Qualifying Periods | Eligibility Criteria | |
---|---|---|
SFEC (Budget 2020) |
| Employers must meet the following conditions over any of the qualifying periods:
|
SFEC Expansion (Budget 2022) |
| Employers must meet the following conditions over the qualifying period:
|
FAQ & Claim Guide
Click here for a simple 2-step guide to check on your SFEC eligibility via the Business Grant Portal.
Click here for SFEC Frequently Asked Questions (FAQ)
Click here for SFEC User Claim Guide
For more enterprise programmes and initiatives, visit Enterprise Portal for Jobs & Skills
Enterprise Innovation Scheme (EIS)
Amount of Tax Deductions and/ or Allowances Granted Before YA 2024 | Amount of Tax Deductions and/ or Allowances Granted From YA 2024 to YA 2028 | |
---|---|---|
Training | 100% tax deduction on training expenditure (Sections 14 and 15) |
|
To further reinforce existing measures to encourage employers to invest in enterprise training and capabilities of their employees, an additional 300% tax deduction is granted on the first $400,000 of qualifying training expenditure incurred in a basis period.
Together with the 100% base deduction under Section 14 of the ITA, a total of 400% tax deduction is granted on the first $400,000 of qualifying training expenditure incurred for each YA. All other training expenditure, including qualifying training expenditure exceeding $400,000, incurred during the basis period continues to enjoy 100% base deduction, subject to the general tax deduction rules under Sections 14 and 15.
The enhanced tax deduction is applicable to qualifying training expenditure incurred on courses that are eligible for SkillsFuture Singapore (SSG) funding and aligned with the Skills Framework4.
For the purpose of the EIS, qualifying training expenditure refers to course fees paid by employers (whether directly or in the form of reimbursement) to a SSG-funded course provider, including certification fees and assessment fees. The enhanced tax deduction is computed based on the amount of qualifying training expenditure incurred by a business net of any Government grant or subsidy received by the business in respect of the course.
4 The list of eligible courses is available on go.gov.sg/eis-training.
Click here for more information on the Enterprise Innovation Scheme (EIS).