So, you've heard about the GST Voucher, and you're thinking, "Sweet! Some extra cash could do wonders." But let's be real most of us are clueless about how much we're getting and when the government is sliding that money into our wallets. Eligibility? Don't even get us started. In a world where just staying alive is getting pricier, we're.
The Annual Value of your property helps the government decide the wealth of a household. Based on this and other criteria such as assessable income, the government decides how much it should give and take from us folks. Examples of “give” come in the form of Covid-19 income relief schemes and GST vouchers, while “take” refers to the property tax.
$150 to $450
There are different eligibility requirements, payout amounts and payout dates for each one. Details in the following sections.
Do I qualify for GST Voucher – Cash in
2021?
There are 5 main criteria to meet before you are eligible for GST Voucher – Cash in 2021.
You are a Singapore Citizen, residing in Singapore
You are aged 21 years old and above in 2021
You earned $28,000 or less in 2020
Your home (as indicated on your NRIC) as at Dec 31, 2020 must not exceed $21,000 in Annual Value
You must not own more than one property
You will be notified in June 2021 if you are eligible. If you are a kan cheong spider, you can log in to the My 2021 GST Voucher website (SingPass needed) from June 1, 2021 to check.