Singapore
  • Hong Kong
  • UK
  1. Osome Blog Singapore
  2. Phase 2 Heightened Alert Support Package for SMEs (July to August 2021)

Phase 2 Heightened Alert Support Package for SMEs (July to August 2021)

From 22 July 2021, Singapore has reverted to Phase 2 (Heightened Alert), which means that many companies set up in Singapore will inevitably be affected. Fortunately, the Singapore Government will be cushioning the impacts of the harsher COVID-19 restrictions with a $1.1 billion support package.

Summary of Phase 2 Heightened Alert Support Package for SMEs

  1. The Jobs Support Scheme (JSS) will provide enhanced wage subsidies to relevant sectors.
  2. Privately-owned commercial properties will have their rent offset for half the duration of Phase 2 (Heightened Alert).
  3. Extended temporary COVID-19 Recovery Grant for workers on involuntary no-pay leave
  4. A part of food delivery costs through third-party logistics partners and food delivery platforms to be offset through a Food Delivery Booster Package.
  5. Retailers will receive a one-off 80% support on qualifying service fee costs imposed by platforms including Shopee, Qoo10 and Lazada, capped at $8,000 through an E-commerce Booster Package
  1. Enhanced Jobs Support Scheme

From 22 July to 18 August 2021, the JSS will be enhanced for sectors that are affected.

Affected Sectors Wage Support

Sectors that were closed or sectors with further safe management measures implemented, including:

Food & Beverage businesses, fitness studios, gyms, arts education centres and performing arts organisations.

Increased to 60%

Sectors that are significantly affected, including:

Tourist attractions, retail sector, art galleries, affected personal care services, museums, licensed hotels, cruise and regional ferry operators, cinema operators, travel agents, MICE (meetings, incentives, conferencing and exhibitions) organisers, as well as other family entertainment centres.

Increased to 40%

From 19 to 31 August 2021, the JSS support will be reduced to 10%.

How Do I Apply For The Support?

Employers are not required to apply for the JSS. For eligible employers, the Inland Revenue Authority of Singapore (IRAS) will notify them by mail to inform them of the support tier and the JSS payout amount payable to them.

  1. Rental Relief

Under the Rental Support Scheme, government-owned commercial property tenants will receive an additional four-week rental waiver. This means government-owned commercial properties will have their rent offset for the entire duration of Phase 2 (Heightened Alert).

On the other hand, owner-occupiers and qualifying tenant-occupiers of privately-owned commercial properties will receive an extra two-week rental relief cash payout. In other words, Privately-owned commercial properties will have their rent offset for half the duration of Phase 2 (Heightened Alert).

However, the Ministry of Finance (MOF) has noted that many tenants gave feedback about how their landlords were not forthcoming with rental support and are looking into how rental obligations can be fairly shared among landlords, qualifying tenants and the Government.

How Do I Apply For The Support?

The details are still pending, and the Ministry of Law will announce more about this scheme.

  1. Food Delivery Booster Package

With the impact of the stricter measures implemented on the food and beverage sector, Enterprise Singapore (ESG) has reintroduced the Food Delivery Booster Package in a bid to offset a portion of food delivery costs through third-party logistics partners and food delivery platforms for transactions placed between 22 July to 18 August 2021.

Mode of Delivery Percentage Funded by ESG
Food delivery platforms (Deliveroo, GrabFood, foodpanda, and Bungkus) Five percentage points of the commission cost charged
Third-party logistics partners 20% of the delivery cost of food delivery orders

How Do I Apply For The Support?

Mode of Delivery Percentage Funded by ESG
Food delivery platforms (Deliveroo, GrabFood, foodpanda, and Bungkus) F&B businesses that are already running on any of the eligible food delivery platforms are eligible for the reduced commission costs, with no further application needed.
Third-party logistics partners The support will be disbursed through the following third-party logistics partners, including Pickupp, GrabExpress, Lalamove, Chope, Zeek Logistics, YY Circle, Pandago, DLVRD, and MilkRun.

More details can be found on the ESG website.

  1. E-commerce Booster Package

From now till 16 November 2021, local retailers will also be encouraged to get onboard local e-commerce platforms with grant support through the E-commerce Booster Package extension.

Retailers will receive a one-off 80% support on qualifying service fee costs imposed by platforms including Shopee, Qoo10 and Lazada, capped at $8,000.

How Do I Apply For The Support?

Retailers can reach out directly to eligible e-commerce platforms including Zalora, Lazada, Qoo10, Mummys Market, and Shopee. Each retailer is allowed to apply for just one e-commerce platform. More details can be found on the ESG website.

By the way, we also help E-commerce companies sort out their accounting through a simple chat platform and keeping documents online. Drop us a chat to find out how to get accounting for e-commerce businesses done by experts.

Is There Support For My Workers Too?

For other workers affected by the stricter COVID-19 measures, the Government has extended the temporary COVID-19 Recovery Grant. Under this grant, those who were put on an involuntary no-pay leave will receive a payout of up to $700, while those who lost at least half their salary for at least a month as a result of the stricter safe management measures since 16 May 2021 will get up to $500 payout.

Recipients who are currently under the grant and continue to need extra help can also apply for a second payout for support.

How Do My Workers Apply For Their Support?

Eligible workers can apply for support through the Ministry of Social and Family Development (MSF) website here.

Need A Helping Hand During This Crisis?

We know how tough this period can be, but hang tough for there is light at the end of the tunnel.

Stay focused on growing your business, so your company can emerge stronger. Leave your accounting pain points to us, because we know that preparing financial statements yourself is a chore.  

We do affordable online accounting for busy founders, with a human expert who has your back and works alongside you to ensure your business prospers while being compliant. Get in touch with us today!

Share this post:

Tips to run your business smarter.
Delivered to you monthly.

You'll receive a verification email you'll have to open and confirm the subscription.

You might like it

E-commerce

When Should I Hire An Accountant For My E-commerce Store in Singapore?

Starting an online business is an exciting journey. According to the Singapore Department of Statistics, online retail sales made up 15.2% of the retail trade in September 2021.

E-commerce

How To Upsell to Your E-commerce Customers

We are inundated daily with countless ads throughout our day, both online and offline. As an e-commerce store retailer, one of the challenges that you may face is trying to get your products and message across to prospective customers.

E-commerce

Types of Business Models for E-commerce

If you are planning to start a new e-commerce business venture, this is the best time to do it! For seasoned business owners who are thinking of diversifying their business into e-commerce, you are at the right place.

E-commerce

An E-commerce’s Checklist To Prepare for 2021 Holiday Sales

Although the sales period will mean that your customers’ shopping carts will be busier, this also brings about its own set of challenges for your online business. Follow our holiday season checklist to ensure your business is well equipped for the shopper surge.

Accounting

What Important Records Must I Keep As A New Business Owner?

Good business record keeping is crucial, from managing costs for legal, regulatory or tax reasons to simply managing and improving your business. If you are just starting up your business, it might not be the first thing that comes to your mind, but it can help you build a strong foundation.

Running My Business

3 Things To Consider Before Renting Your First Office Space

If you have always been working from home for your small business and are contemplating moving to a bigger space to accommodate your staff and to have a central office location, you may be looking out for office spaces to rent.

E-commerce

Digital Payment Trends For E-commerce Sellers To Know

Today, consumers are switching from traditional payment methods, such as cash, cheque and cards to digital payment. The global pandemic has fuelled this unprecedented shift in the consumer’s behaviour.

E-commerce

Creating an Invoice When Selling on Amazon

This article helps Amazon sellers who are finding out how to create, access and share invoices on Amazon.

E-commerce

12 Ways To Drive More Traffic to Your Online Store

When your website is finally live, you want to share it with as many people as possible. How do you get people to your website and excited about your products and shop from your store?

Government Grant

Wage Support & Rental Relief for Businesses in Singapore’s Stabilisation Phase

Tighter COVID-19 restrictions will be implemented from 27 September to 21 November 2021. Find out what support SG companies can receive from this Stabilisation Phase.

E-commerce

A Design Guide for E-commerce Websites

If you’re looking to improve your e-commerce page and improve sales, you might want to learn the fundamentals of how to design a good website.

Entrepreneur's Bootcamp

Best Practice Invoicing Tips for SMEs

This article will help Singapore-based SMEs get to grips with the best invoicing practices. Take a look at the tips and how-tos to guide you toward being more streamlined and savvy.

Tips to run your business smarter. Delivered to you monthly.

You'll receive a verification email you'll have to open and confirm the subscription.

We’re using cookies! What does it mean?