You will qualify for WIS if you:

• are a Singapore Citizen;
• are 35 years old or above on 31 December of the work year (all persons with disabilities would qualify for WIS);
  
• earn a gross monthly income¹ of not more than $2,000 for the month worked; and
  
• have declared your net trade income and made MediSave contributions.
  
  
  ¹Gross monthly income includes basic salary and extra wages such as overtime pay and bonuses.
  
  

However, you will not qualify for WIS if you:

• live in a property with an annual value² of more than $13,000 assessed as at 31 December of the preceding year;
• own two or more properties; or
  
• if married:
  • you and your spouse together own two or more properties; or
    
  • the assessable income of your spouse for the preceding Year of Assessment exceeds $70,000.
    
    
  ²Annual value is the estimated gross annual rent of the property if it were to be rented out, excluding furniture, furnishings and maintenance fees. It is determined based on estimated market rentals of similar or comparable properties.
  

How much?

As a self-employed person,

you will receive WIS once a year for work done in the preceding year.

What must I do?

For work done in a year, we will pay your WIS in the next year after you:

• declare your income to:
  
  • IRAS if you have been issued an income tax return package; or
  • CPFB at any Singapore Post branch if you have not been issued the income tax return package; and
• make the required MediSave contributions.

If you worked as both an employee and a self-employed person,

you will first be assessed for your work done as an employee and you will receive monthly WIS if you meet the criteria.

After the work year, we will assess your eligibility for additional WIS, based on your total income for the year (both employee and self-employed income).