GST InvoiceNow Transition Grant ($1k):
What you Need to Know
The grant is available from 1 July 2026 to 31 March 2030, or until the grant is fully claimed, whichever is earlier.
*Grant approval is subject to IMDA’s eligibility criteria, terms and conditions, and availability of the grant.
About the Grant
GST-registered businesses with total annual supplies
≤ S$4 million* can receive a S$1k cash grant to defray the cost of subscribing to an InvoiceNow-Ready Solution Provider (IRSP) or connecting to InvoiceNow via an IMDA-accredited Access Point Provider (AP).
The GST-registered business must submit invoice data to IRAS after activating GST InvoiceNow prior to their respective mandate deadline. Businesses can check with their IRSP or AP on the GST InvoiceNow activation.
The GST InvoiceNow Transition Grant ($1k) is from 1st July 2026 to 31st March 2030, or until the grant is fully claimed, whichever is earlier.
*made in all the prescribed accounting periods ending in calendar year 2025.
Eligibility criteria
- Grantee must be a GST-registered business in Singapore.
- Grantee must have total annual supplies less than or equal to S$4 million made in all the prescribed accounting periods ending in calendar year 2025.
- Grantees who are already subscribed to an IRSP or who have already connected their own solution to InvoiceNow are not eligible for the grant.To qualify for the grant, Grantee must have not used any IRSP solutions in the 3 months prior before onboarding the new IRSP solution or connecting own solution to InvoiceNow.
- Grantee must have either subscribed to an IMDA-accredited IRSP solution (with payment for minimum 12 months) or have integrated their ERP solution to an IMDA-accredited AP after 26th February 2026.
- Grantee must have submitted invoice data to IRAS after activating GST InvoiceNow before their mandate deadline.
Steps
- Grantees should submit the required information at the following link: https://go.gov.sg/gstinvoicenowtransition-1k-claimform.
The grant payout will be made via Paynow Corporate.
Terms and Conditions
Please refer to the terms and conditions here
Why You Should Take Up the
GST InvoiceNow Transition Grant ($1k)
1. Upgrade at no additional cost
Use the GST InvoiceNow Transition Grant ($1k) to upgrade your current ABSS solution to the latest ABSS Accounting or Premier Connect with cloud connected services
- Better features. Greater efficiency. Same ABSS you know and trust.
2. Be compliant with GST InvoiceNow
Ensure your business is ready for GST InvoiceNow and meet regulatory requirements with confidence. More info: IRAS | GST InvoiceNow Requirement
- Avoid disruptions and stay ahead of your regulatory mandate.
3. Get support from real people
Our Singapore-based ABSS team provides trusted local expertise and personalised support, guiding you every step of the way, from activation to compliance and beyond.
- Local experts. Personal support. Your compliance partner.
Prepare GST InvoiceNow with Confidence
Upgrade to the latest ABSS Accounting or Premier Connect and let our team help you understand the GST InvoiceNow requirements, check your grant eligibility, and guide you through the transition.
Sign up for ABSS Accounting or Premier Connect
We'll provide your invoice and the supporting documents required for your grant application.
Submit your grant application to IMDA
Complete your claim by submitting the required information through the Transition Grant claim portal.
Receive your grant payout
Once your application is approved, the grant will be paid via PayNow Corporate, subject to IMDA's eligibility criteria and grant terms.
FAQ
- Grantee must be a GST-registered business in Singapore.
- Grantee must have total annual supplies less than or equal to S$4 million made in all the prescribed accounting periods ending in calendar year 2025.
- Grantees who are already subscribed to an IRSP or who have already connected their own solution to InvoiceNow are not eligible for the grant. To qualify for the grant, Grantee must have not used any IRSP solutions in the 3 months prior before onboarding the new IRSP solution or connecting own solution to InvoiceNow.
- Grantee must have either subscribed to an IMDA-accredited IRSP solution (with payment for minimum 12 months) or have integrated their ERP solution to an IMDA-accredited AP after 26th February 2026.
- Grantee must have submitted invoice data to IRAS after activating GST InvoiceNow before their mandate deadline
Total annual supplies refer to the total value of standard-rated, zero-rated and exempt supplies (i.e. Box 4 of GST return), made in all the prescribed accounting periods ending in calendar year 2025. For more details, please refer to the IRAS website here.
For newly registered GST-businesses who do not have any reported annual supplies in calendar year 2025, they will receive a notification from IRAS specifying their mandate dates.
A fixed payout of S$1k will be paid to the eligible businesses who have met the eligibility criteria, regardless of the actual cost incurred by the business
Qualifying cost includes subscription cost to an IRSP solution (with payment for minimum 12 months) and integration cost from business own ERP solution to an Access Point.
Costs must be incurred after 26th February 2026 and before the respective mandate deadline.
You may check your mandate deadline using the implementation date calculator provided by IRAS. You will also be notified by IRAS on your implementation dates. For more details you may refer to the IRAS website.
No. You only need to submit the required information at the following link: https://go.gov.sg/gstinvoicenowtransition-1k-claimform
You need to submit proof of costs incurred (e.g. invoice of annual subscription, evidence of system integration work) and proof of payment (if applicable).
Yes. For example, if you paid for Solution A for 3 months then paid for Solution B for the remaining 9 months (12 months combined), it is acceptable. The $1k payout is fixed regardless of the number of solutions paid.
Yes, but you must observe a 3-month wait-out period from the date when you unsubscribe from the FOC solution before onboarding the paid IRSP.
The grant is from 1st July 2026 to 31st March 2030, or until the grant is fully claimed, whichever is earlier. Eligible grantees who have complied with the requirements can submit their supporting documentation until 31st Dec 2030.
Upon submission of the required information (i.e. evidence of costs incurred, proof of payment or proof of work, and necessary declarations), IMDA will process submission. Successful grantees should expect to receive the grant payout via PayNow Corporate in about 2 months after submission. Business will be notified via email after the payout is done.
We will be monitoring the grant take-up and will continue to support businesses as necessary.
