The Singapore Parent Relief Scheme is a tax relief initiative designed to support individuals who care for their elderly parents, grandparents, parents-in-law, or grandparents-in-law. This scheme aims to encourage filial responsibility while providing financial assistance to caregivers who bear the costs of looking after their dependents.
Singapore Parent Relief Scheme 2025
| Aspect | Details |
|---|---|
| Scheme Name | Singapore Parent Relief Scheme 2025 |
| Purpose | Provides tax relief for individuals supporting elderly parents, grandparents, parents-in-law, or grandparents-in-law. |
| Eligibility | Dependent must be a Singapore Citizen, PR, or Long-Term Visit Pass holder, aged 55+ (unless handicapped), and earn ≤ SGD 8,000 annually. |
| Claim Process | Declare in YA 2025 tax return, submit dependent details, proof of financial support, and additional documents if requested. |
| Sharing Relief | Can be shared among multiple supporters based on an agreed apportionment. |
| Official Website | www.iras.gov.sg |
Eligibility Criteria for Parent Relief in 2025
To qualify for Parent Relief in 2025, the dependent must meet certain conditions. These conditions ensure that only those genuinely in need receive tax relief.
Who Qualifies as a Dependent?
The dependent must:
- Be a Singapore Citizen, Permanent Resident, or hold a Long-Term Visit Pass.
- Be 55 years old or above in 2024. However, if the dependent is physically or mentally incapacitated, the age requirement is waived.
- Have an annual income not exceeding SGD 8,000 in 2024. This includes earnings from:
- Salaries
- Rental income
- Pensions
- Investment interests
Additionally, the claimant must have provided financial support to the dependent from January 1 to December 31, 2024.
Sharing of Parent Relief
If multiple individuals provide support to the same dependent, the tax relief can be shared. The claim can be split among caregivers based on an agreed proportion.
Claimable Amounts Under the Parent Relief Scheme
The amount of tax relief depends on whether the claimant and the dependent live together or separately.
| Living Arrangement | Claimable Tax Relief (Per Dependent) |
|---|---|
| Dependent lives with claimant (at least 6 months) | SGD 9,000 |
| Dependent lives separately | SGD 5,500 (Minimum SGD 2,000 support required) |
| Handicapped dependent living with claimant | SGD 14,000 |
| Handicapped dependent living separately | SGD 10,000 |
For dependents with disabilities, a Handicapped Parent Relief is available at a higher claimable amount.
How to Claim Parent Relief in 2025
The claim for Parent Relief must be declared in the income tax return for YA 2025. The process involves:
- Filling out the necessary details in the tax return.
- Providing information about the dependent.
- Submitting proof of financial support.
- Providing additional documents if requested by the Inland Revenue Authority of Singapore (IRAS) for verification.
FAQs on Singapore Parent Relief Scheme 2025
1. Can I claim Parent Relief if my dependent is not living in Singapore?
No, the dependent must be a Singapore Citizen, PR, or Long-Term Visit Pass holder residing in Singapore.
2. What happens if more than one child supports the same parent?
The relief can be shared among siblings or agreed upon based on contribution.
3. Is there an income limit for claimants?
No, there is no income cap for claimants applying for Parent Relief.
4. Can I claim Parent Relief if I financially support my step-parents?
Yes, as long as they meet the eligibility criteria.
5. How do I prove financial support for my parents?
You may need to submit bank transfers, receipts, or other financial records if IRAS requests verification.
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