Check out GST Vouchers and MediSave Top-Up Benefits. Enjoy 1.7 million Singaporeans will be notified by 5 July 2019 of their 2019 MediSave top-ups and GST Voucher (GSTV) benefits which they will receive between July and November 2019 and many more.
Singaporeans can view their GSTV benefits online anytime at www.gstvoucher.gov.sg, using their SingPass login. Eligible Singaporeans will receive text messages and/or letters to inform them of the benefits they will be receiving.
GST Voucher (GSTV) Scheme
The GSTV is a permanent scheme introduced in 2012 to help lower and middle-income Singaporeans offset some of their GST expenses. The GST and GSTV form an important part of Singapore’s progressive system of taxes and transfers.
What This Means to Citizens
- Most citizens will automatically receive their GSTV payouts if they have signed up for the GSTV or any other government payout scheme in the past.
- For the small number of citizens who have not signed up for GSTV or past government payouts, they will be invited to do so, and have until 31 December 2019 to sign up online, or through forms at the Community Centres.
- Citizens who have not provided their bank account details are encouraged to do so at www.gstvoucher.gov.sg to receive their cash payouts earlier. Otherwise, they will receive their GSTV – Cash payout via cheques about two weeks later than direct bank crediting.
- Annex A provides more information on the benefits, while Annex B lists illustrations of how various households are expected to benefit from the schemes mentioned.
Other Benefits in 2019
Bicentennial Bonus [Announced in Budget 2019]
In addition to the GSTV – Cash (Bicentennial Payment), the Bicentennial Bonus package also includes:
- Top-ups to Edusave Accounts or Post-Secondary Education Accounts (PSEA) of Singaporeans aged 7 to 20;
- A Workfare Bicentennial Bonus, which provides additional cash assistance to lower-wage workers who received Workfare Income Supplement payouts for Work Year 2018;
- A CPF Top-up for lower-income Singaporeans who have low CPF balances;
- A Personal Income Tax Rebate for Year of Assessment 2019.
The top-ups to Edusave and PSEA will be made by end June 2019. The GSTV – Cash (Bicentennial Payment), Workfare Bicentennial Bonus and CPF Top-up will be paid to eligible citizens at the end of 2019.
Household Benefits
- GSTV – U-Save: Eligible HDB households will receive a GSTV – U-Save of up to $100, depending on the household’s HDB flat type, is given every three months to help offset utilities bills directly[2]. This includes an additional U-Save of $20 a year from 2019 to 2021. The GSTV – U-Save benefits amount to about $300 million annually and benefit about 930,000 eligible Singaporean HDB households.
- One-off Service & Conservancy Charges (S&CC) Rebate [Announced in Budget 2019]: The S&CC Rebate provides additional support for households. Around 930,000 eligible Singaporean HDB households will receive 1.5 to 3.5 months of S&CC Rebate between April 2019 to January 2020, depending on their HDB flat type[3].
Date: 27th June 2019 to 30th November2019
Contact Information
Details on the GSTV can be found at www.gstvoucher.gov.sg, and information on the other benefits announced in Budget 2019 can be found at www.singaporebudget.gov.sg.
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