Get cash rebates to adjust to increased labour expenses due to higher CPF contribution rates.
For who?

* All Singapore-registered companies, sole-proprietors and partnerships which are small and medium enterprises (SMEs).

* Your business qualifies as a SME if:

o your fixed assets are worth S$0 - S$15M*
o you have 0 - 200 employees (for non-manufacturing companies)*
For what?

* To help SMEs adjust to rising costs due to the increase in Central Provident Fund (CPF) employer contributions.

How much?

* The rebates are pegged to the total employer and employee contributions made by the SME to CPF Board over two years between 1 July 2007 and 30 June 2009.