The Singapore Government has announced the release of the GST Voucher 2024, which is set to be disbursed in August. This comprehensive guide provides detailed information on the GST Voucher system, including eligibility criteria, payout dates, and application processes.
Eligibility Criteria
To be eligible for the GST Voucher 2024, individuals must meet specific criteria:
- Age Limit: The individual should be between 21 years and pension age.
- Citizenship: The candidate should have a permanent citizenship certificate of Singapore.
- Annual Value of Home and Income: The annual value of the home properties should not exceed $21,000, and the assessable income of the applicant should be $34,000 or below.
Payout Date and Amount
The GST Voucher 2024 will be disbursed in August. The cash payout for eligible Singaporeans aged 21 years and above is $850 or $450, depending on their income level and property ownership.
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How to Apply
To check your eligibility and apply for the GST Voucher 2024, follow these steps:
- Visit the Official Website: Head to the official GST Voucher website at www.gstvoucher.gov.sg to log in to your Singpass and check your eligibility.
- Eligibility Check: Ensure you meet the eligibility criteria mentioned above.
- Application Process: If eligible, you will receive the payout in August.
Additional Support Measures
The Assurance Package complements the GST Voucher Scheme by offering additional support measures, including cash payouts, CDC vouchers, cost-of-living special payments for seniors, and cost-of-living seniors’ bonuses.