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Preservation of Sites & Monuments

Tax Exemption Scheme

The Tax Exemption Scheme for Donations to National Monuments, established in 1994, is a complementary scheme to the National Monuments Fund. It allows eligible National Monuments’ owners or management to claim tax exemptions for donations made to them at the prevailing rate set by the Inland Revenue Authority of Singapore (IRAS).

The collected donations can then be used, subject to PSM’s approval, to fund qualifying works at National Monuments. Donations under this scheme can be used to fund 100% of qualifying works at National Monuments.

For more information on this scheme, including expressing interest to participate in the scheme, please refer to the Tax Exemption Scheme Guide.