Use of Child Credits for Developmental Experiences, Such As Sports, Hobbies and Other Interests

Mr David Hoe asked the Prime Minister and Minister for Finance while retaining the flexibility of the annual child credits for families, whether the Government will consider ways to encourage or incentivise their use for children's developmental experiences, such as sports, arts, hobbies and other interests, including by building on the objectives and ecosystem developed under the Ministry of Culture, Community and Youth's Curiosity Credits initiative.

As part of the new Child Support Package, each child will receive $2,000 of child credits per year up to age 16. As child-raising costs and needs differ between families, the child credits are given in cash to provide parents with maximum flexibility. Parents can opt to spend the credits on developmental experiences, if they desire to do so.