Singapore-based financial blog that aims to educate people on personal finance, investments, retirement and their Central Provident Fund (CPF) matters.

Wednesday, 22 February 2017

Singapore Budget 2017 - GST Vouchers

Announced on the 20th February 2017's Singapore Budget, Singaporeans will receive their annual GST vouchers for year 2017.
In addition to the normal GST vouchers, this year (like last year), the Government will provide a one-time Special GST Voucher - a Bonus!
You will receive a letter in July how much you will get from your GST Voucher.

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1) Assessable Income Earned in 2015: $28,000 and below
    Yes, your eligibility for year 2017 GST Voucher is dependent on your 2015 income.
2) Age 21 or above in year 2017
3) Singaporeans residing in Singapore

1) Singaporeans owning more than 1 property in year 2017 will not get the Special GST Voucher.
2) Assessable Income Earned in 2015: more than $28,000

*you can check your home's annual value from the IRAS website.
The link and instruction is here:

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