Parenthood Tax Rebate or PTR is given to parents who are married, widowed, or divorced. Parents can claim rebate to the tune of S$20,000 for each child.
To encourage more children among parents who are tax residents, the Singapore government offers this rebate. You can be widowed, married, or divorced, but you have to be a tax resident in Singapore to be eligible.
How much rebate you get is based on the order of your child. It is also determined by the year they were born. The table below shows you the PTR amounts you could be entitled to:
|Child Order||PTR Amount
(Children born between 2004-07)
(Children born in 2008 and later)
|Fifth child & subsequent||Nil||S$20,000 for each child|
How much rebate you can claim on a child is decided by finding out the order of the child in the family. Where the child falls, in terms of PTR, is based on conditions such as:
|If your child is born to your spouse or former spouse and you.||Your child’s date of birth mentioned in their birth certificate will determine the order.|
|Your child is born to your spouse or former spouse and you before you got married.||The date of your marriage will determine the order.|
|The child is your step-child.||Your child’s date of birth shown in their birth certificate is the determining factor.|
|Your child was legally adopted.||This would be the date of adoption as mentioned in the adoption documents.|
If a child had a sibling who passed away, the deceased child will be considered when deciding how many siblings the child had when they were born, adopted, or the day their parents got married.
Your child cannot be considered a member in 2 families. Any children from a former marriage can only be part of the household of one parent. This is determined after considering the following:
How much of rebate your spouse and you get can be decided by the both of you. However, if you are unable to reach an agreement on the PTR split, IRAS will divide it equally. IRAS will also intervene if the percentage of rebate you claim doesn’t reach 100%.
Find out which year you can claim rebate for and what conditions your child needs to fulfil for you to be eligible.
|Claim Rebates: The year child was born|
|Claim Rebates: The year you got married.|
|Claim Rebates: The year you adopted child.|
If your first child was born or adopted before 1 January 2008, you won’t be able to claim PTR. You can, however, claim PTR for subsequent children provided you meet the following criteria:
|The year your child was born.|
|The year you got married.|
|The year you adopted your child.|
If your child was born abroad, you could still qualify for income tax rebates provided you meet the eligibility criteria. This includes your child turning a citizen of Singapore in the specified time.
If you give up your child in the year he/she is born, you will not be entitled to any Parenthood Tax Rebate. And if your child is given up for adoption after the year they are born, any remaining PTR balance gets forfeited.
If you get divorced, both you and your former spouse can still utilise any leftover balance in your PTR accounts against future liability for tax.
When a spouse passes away, you can still make use of any remaining balance in your PTR accounts. This balance can be offset against any future tax you may be liable for.
You can request the rebate either by paper filing or requesting it online.
For online Filing:
If you are claiming this rebate for the first time you will need to:
If you have claimed this rebate before and you have unused PTR balance, it will get carried forward automatically against any tax liability you have.
For paper filing:
Are you claiming for the first time? If yes, you need to acquire a Form B1 or Form B and fill in your child’s details in Appendix 2. If you have claimed this rebate before, you will still have to procure Form B1 or Form B. Any leftover balance in your PTR account gets carried forward automatically. This amount will be used to offset any tax you may have in the future.
If you haven’t fully used the PTR amount for a given year, don’t worry. Any remaining amount that doesn’t get used will not be lost. It gets carried forward and will be used against any future taxes you are liable to pay. You will not be able to have any remaining balance refunded though.
Do you have any leftover PTR balance in your account? You can have it transferred to your spouse. By signing in to myTax Portal you can access your PTR balance and transfer any remaining amount to your spouse. To have your income tax payable adjusted, you need to send an email to IRAS.
Now that you have understand Parenthood Tax Rebate, you can claim it if you are eligible and calculate the amount you are eligible for. You can also carry any balances forward or transfer it to your spouse if you so choose.