SIRS Scheme First Payout of $3000 by 27 May 2020

The first instalment of Self-Employed Income Relief Scheme (SIRS) will be paid out by 27 May 2020 for those who received the SMS notification.

The SMS notification from the Ministry of Finance will inform you if you will be receiving the SIRS payout.

SIRS May payout

This SMS from MOF is a text notification message without any links for you to click. Do exercise extra caution if the SMS you received asked you to click on any links in the SMS. It can be a scam message.

What is the SIRS scheme

The Self-Employed Person Relief Scheme (SIRS) is part of the Resilience Budget to help small business and self-employed people. The scheme will disburse 3 cash payout of $3000 each, in May, July and October 2020 to those who qualified.

Are you eligible and do you auto-qualify?

How to apply for SIRS
image – NTUC

If you fulfil ALL the requirements, you do not need to apply. If you have missed out on any of the requirements, you will need to submit an application online.

You should learn how to submit your SIRS application before you attempt to submit.

If you fulfil ALL the requirements but has yet to receive any notifications, you can call the SIRS Hotline number at +65 67135777 or email them at SIRS@ntuc.org.sg

Operating Hour Monday – Saturday: 10.00 am to 6.00 pm. Closed on Sundays and Public Holidays

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Tough Times Ahead

Times for private-hire drivers is not going to be much better ahead in the near future. Income is not going to return to older days and likely you will be putting in more effort to earn even lesser than before.

If you are using your own car for private-hire, it may be time for you to rethink if you still want to carry on. Get a quote for our normal private-car insurance and see how much you can save compared to your Z10 Commercial Insurance.