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GOV TO ALLOCATE $800M TO SUPPORT BUSINESSES

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To help businesses and workers cope with the impact of the Covid-19 restrictions, an $800 million support package will be rolled out under the Jobs Support Scheme(JSS).

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Affected gyms, fitness studios and performing arts and arts education centres will get 50 per cent of salary support for local employees under the JSS, Finance Minister Lawrence Wong announced on Friday(May 28).

30 per cent of JSS subsidies will be given to sectors that do not have to suspend operations but are significantly affected.

These measures will help retailers, personal care service providers, museums, art galleries, historical sites, cinemas, indoor playgrounds and other family entertainment centres.

Businesses such as supermarkets, convenience stores and online retailers will not eligible for the support package.

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Payouts based on salaries paid between April to June will be disbursed in September said the Ministry of Finance. Employers who retrench or place employees on no pay leave will not be eligible for these payouts for those employees the ministry added.

Businesses that wish to appeal for enhanced JSS support can do so at the IRAS website.

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