Perhaps the most welcome news of the entire speech, Mr Heng said that the already-generous GST Voucher payout announced in Budget 2020 will be further enhanced.
For the special one-time GST Voucher (under the Care and Support Package), Singaporeans will now receive $300, $600 and $900 instead of the previous $100, $200 and $300.
The amount you will receive depends on your income and home ownership.
Source: moneysmart.sg
Latest Posts in "Singapore"
- GST Updates: Free Parking Exceptions and Overseas Vendor Registration Input Tax Claims
- Singapore GST Registration Rules: Two-Month Grace Period for Prospective Basis from July 2025
- GST Gross Margin Scheme Approval Requirement Removed from July 2025
- GST InvoiceNow Requirement: Mandatory Implementation Timeline for Voluntary GST Registrants
- Briefing document: Singapore GST InvoiceNow business guide