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Uses of Child Development Account

 How to use the fund in the Child Development Account for baby bonus in Singapore

The money in the Child Development Account cannot be withdrawn in cash. Withdrawal can be made via Interbank GIRO or NETS at Approved Institutions (AIs).The money in Child Development Account can be used for the following purposes at the Approved Institutions (AIs)

 

1. Child Care Centers, Kindergartens and Special education schools that have registered with Ministry of Education or the council for private Education

2. Medical Related Expenses such as Enhanced Vaccination Program at hospitals or clinics licensed under the private hospitals and medical clinics (PHMC).

3. Early Intervention Programmes registered with the National Council of Social Services (NCSS) or the Center For Enabled Living;

4. Licensed Pharmacies

5. Opitcal Shops

6. Assistive technology device providers

 

It takes a village to raise a child !

Join our Facebook group Preschools & Kindergartens in Hong Kong to interact with other parents.

 How to use the fund in the Child Development Account for baby bonus in Singapore

Uses of Child Development Account

The money in the Child Development Account cannot be withdrawn in cash. Withdrawal can be made via Interbank GIRO or NETS at Approved Institutions (AIs).
 Tax rebate for parents with small children

When and How to Claim Parent Tax Rebate

For legitimate child, the parent tax rebate is to be claimed in the year immediately after the birth of the child
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