Some 1.37 million Singaporeans will each be getting a one-off GST Voucher of worth up to S$200 this month, said the Ministry of Finance (MOF) on Wednesday (Nov 01). TODAY file photo
SINGAPORE - Some 1.37 million eligible Singaporeans will each be getting a one-off GST Voucher of up to S$200 this month, the Ministry of Finance (MOF) said on Wednesday (Nov 1).
The GST Voucher – Cash Special Payment, first announced during the Budget earlier this year, is aimed at helping lower-income households offset some expenses.
A Singaporean who is at least 21 years old and earning less than S$28,000 a year is eligible for the payouts, provided that the annual value of his or her home does not exceed S$21,000.
In all, some S$280 million will be given out through these one-off payouts.
For those who have already signed up for the GST Voucher or past government payout schemes, this comes on top of the payout of up to S$300 that they were given in August. They do not need to take further action to receive the latest payout.
Meanwhile, the ministry reminded eligible Singaporeans who have yet to sign up for the GST – Cash/Medisave and GST – 5-year Medisave top-up to do so by Dec 31.
They would have received earlier notifications, sent via an SMS or a letter in July, to inform them of this.
Reminder letters and SMS notifications will be sent out in the coming weeks, the ministry added.
They can sign up at www.gstvoucher.gov.sg or complete the sign-up form in the reminder letters before mailing it.
More details on the GST Voucher scheme can be found at www.gstvoucher.gov.sg.
Source: Today Online