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How will ECDA determine families' household income? What if household incomes become higher/lower next year?

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For salaried employees, the gross monthly income is computed based on average income over the preceding 12-month period (before CPF deduction and including bonuses, commissions, overtime pay, and allowances). For self-employed persons, the gross monthly income is computed based on the annual trade income from the latest IRAS Notice of Assessment, divided by 12. To give parents greater certainty over the amount of subsidies they can receive, ECDA has introduced fixed points of assessment. Applicants' working status and household income will be assessed when (1) the child enrols in new centre, (2) the child moves from infant care to child care, and (3) the child moves from Nursery 2 (N2) to Kindergarten 1 (K1), i.e. at the end of N2. Changes in household income between these points of assessment will not affect the subsidies they receive, unless the parents wish to update ECDA and reapply for new rates of subsidies due to changes in their circumstances.
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