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As part of the additional $1.1 billion Cost-of-Living Support Package announced in September 2023, eligible adult Singaporeans aged 21 years and above in 2024 will receive one-off special payment of up to $200, depending on his/her income and property ownership, in December 2023.
To provide more support for households, the Government announced the enhanced Assurance Package at Budget 2024, including the B2024 COL Special Payment. If you are eligible for the B2024 COL Special Payment, you will receive the benefits in September 2024.
At Budget 2024, the Government enhanced the Assurance Package (“AP”) further to provide more support to help Singaporeans cope with cost-of-living concerns and economic uncertainties. The enhancements made in Budget 2024 will cost $1.9 billion.
Jun 25, 2024 · Assurance Package (AP) Cash $700 to $2,250 cash payouts over 5 years from 2022 to 2026 for adult Singapore Citizens aged 21 and above, residing in Singapore, based on Assessable Income and number of properties owned.
Quarterly rebates to offset HDB households’ utility expenses. In FY2024, eligible households will receive up to $950 of U-Save, with the GST Voucher – U-Save, Assurance Package U-Save, and Budget 2024 Cost-of-Living U-Save.
Feb 17, 2024 · SINGAPORE - Singaporeans will get a mix of cash, vouchers and rebates under a $1.9 billion boost to the Assurance Package to help them cope with cost-of-living concerns and an uncertain...
4 days ago · To help Singaporeans cope with cost-of-living concerns, the Government has unveiled a suite of support measures as announced at Budget 2024. This includes a $1.9 billion enhancement to the Assurance Package, comprising additional CDC vouchers, cash payouts and rebates to provide more support for households, as well as SkillsFuture Credit top ...
The Assurance Package is on top of the permanent GST Voucher (GSTV) scheme introduced by the Government in Budget 2012 to help lower- and middle-income Singaporean households defray their GST expenses, i.e. what they pay in GST.
the Assurance Package to all Singaporean households, in 2023 and 2024 (i.e. $400 in total). • In addition, as part of the $1.5 billion support package announced in Oct 2022, every Singaporean household will also receive additional $100 CDC Vouchers in 2023.
The Government will enhance the Assurance Package further to provide more support to help Singaporeans cope with cost-of-living concerns and economic uncertainties. The enhancements made in Budget 2024 will cost $1.9 billion.
