The new government cash grant will be disbursed automatically by IRAS to the qualifying property owners.
The amount of grant will be calculated based on the Annual Values of properties for 2020, as determined by IRAS at 13 April 2020.
For property owners whose properties are only partially let out, or whose properties are let out to both SME and non-SME tenants under a single property tax account, they will not automatically receive the government cash grant.
In such instances, the property owner should submit an application to IRAS, and provide supporting documents, including proof of SME tenants within its property. IRAS will pro-rate the government cash grant accordingly.