How much will I get in GST Vouchers this year?

You’ll automatically receive your GSTV payouts if you’ve signed up previously.

08 Jul 2017

GST voucher

The GST Voucher (GSTV) is a permanent scheme introduced by the Government in 2012 to help lower-income Singaporeans with their expenses. The GSTV is given in 3 components – Cash, Medisave and U-Save.

In Budget 2017, the Government announced that GSTV – Cash recipients would receive a one-off special payment of up to $200 on top of the regular Cash payment. In total, about 1.57 million eligible Singaporeans would receive a total of $1.2 billion worth of GST Vouchers and Medisave Top-Ups in 2017. Eligible HDB households would also receive higher U-Save rebates from Jul 2017.

Do I qualify?

Confused by the different criteria for the GST Vouchers? Here’s a quick and simple guide for you.

GST Voucher – Cash

For a start, in order to qualify for GSTV – Cash this year, you must first be a Singapore citizen, staying in Singapore. You must also be aged 21 or above.

Next, your income earned in 2015 (as assessed by IRAS for the Year of Assessment 2016) must not exceed $28,000.

Also, the annual value of your home [1] must not be above $21,000 as of 31 December 2016. You must also not own more than one property.

If you satisfy all of the above requirements, you qualify. So how much do you get? The amount of Cash and Special Payment you get depends on the annual value of your home. See below:

GSTV - Cash

GST Voucher – Medisave

Besides GSTV – Cash, if you are a Singapore citizen aged 65 and above and staying in Singapore, you may also receive GSTV – Medisave.

As with the Cash component, the annual value of your home must not exceed $21,000 as of 31 December 2016, and you must not own more than one property.

If you meet the above criteria, the amount of GSTV – Medisave top-up you receive will depend on your age in 2017 and the annual value of your home. See below:

GSTV - Medisave

In addition to the above, if you are aged 58 years and above and do not receive Pioneer Generation benefits, you will receive a Medisave top-up in both 2017 and 2018. The amount of top-ups depends on your age.

Pioneers will also receive Pioneer Generation Medisave top-ups of $200 to $800, depending on their age.

GSTV Medisave Top Up

GST Voucher – U-Save

Lastly, eligible households will also receive GSTV – U-Save, which is credited to their utilities account. To qualify, your family must first stay in a HDB flat, and there must be at least one Singapore citizen owner, occupier or tenant in your HDB flat.

In addition, immediate family members living in the same HDB flat must not own or have any interest in more than one property.

The amount of U-Save you get depends on your HDB flat type. Each eligible household will receive the U-Save distributed every 3 months, as shown in the table below.

GSTV - U Save

You will also receive a one-off Service & Conservancy Charges rebate in 2017. This amount will vary according to your HDB flat type:

GSTV - S and CC rebates

Doing more for the environment – mobile SMS notifications

If you have previously signed up for the GSTV or any other government payout scheme, you will automatically receive your GSTV payouts. For those who have not signed up, you will have until 31 December 2017 to sign up through the GSTV website (www.gstvoucher.gov.sg), or through a hardcopy form (found at Community Centres).

This year, if you have updated your mobile number with SingPass, you would have received SMS notifications about your GST Voucher – Cash and Medisave eligibility from 27 to 29 June. This is faster and more convenient, and eco-friendly as well. The sender of the SMS would be "GSTV", and the SMS would request that you log into www.gstvoucher.gov.sg with your SingPass details to view the benefits. However, beware of phishing websites, which may ask you for personal information without SingPass authentication.

SMS notifications

If you are aged 21 to 55 with mobile numbers updated with SingPass, you will only receive SMS notifications (without hardcopy letters). If you are 56 and above with mobile numbers updated with SingPass, you will receive both SMSes and notification letters. You can opt for SMS notifications in future by updating your mobile numbers with SingPass at www.singpass.gov.sg.

SMS and Letter notifications

For more info and updates, go to www.gstvoucher.gov.sg.

 

[1] The AV is the estimated annual rent a property can fetch if it were to be rented out. It is used to calculate the property tax of your home. The AV can be found on the property tax bill that the property owner receives each year. The AV threshold of $21,000 covers all HDB flats and some lower-value private properties, as the GST Voucher targets those who are less well-off.


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