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GSTV e-Services Redirect Countdown. We have moved. Please visit our new site at www.govbenefits.gov.sg for information on GST Voucher and other government disbursement schemes.
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Feb 18, 2022 · The Assurance Package payouts will offset at least five years of additional GST expenses for the majority of Singaporeans households, and about 10 years for lower-income households, Wong said.
This one-off COL Special Payment is part of the $1.5 billion Support Package announced by Deputy Prime Minister and Minister for Finance Lawrence Wong in October 2022 to provide cost-of-living relief for Singaporean households, with more support for lower- to middle-income groups.
The Assurance Package will effectively delay the effect of the GST rate increase by at least 5 years. FOR LOWER-INCOME HOUSEHOLDS. • The Assurance Package will offset about 10 years’ worth of additional GST expenses incurred. • For Singaporeans living in 1- to 3-room flats.
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Dec 29, 2023 · The Assurance Package continues to offset additional GST expenses for majority of Singaporean households for at least 5 years. For lower-income households, the Assurance Package can cover additional GST expenses for around 10 years.
GST Voucher (GSTV) – Cash. Enhanced cash payouts up to $850 from 2024, to help lower-income Singaporeans, residing in Singapore, with their daily living expenses. SCHEME HIGHLIGHTS. Enhanced cash payouts up to $850 from 2024. Payouts will be disbursed in August each year.
Nov 15, 2022 · SINGAPORE - There will be a $1.4 billion boost to the support package for households to offset the impact of the upcoming goods and services tax (GST) hike, given higher inflation, Deputy...
