The Goods and Services Tax (GST) Voucher is a government programme designed to help Singaporean citizens offset their GST costs. This programme provides a one-time payment of up to $500 for eligible Singaporeans. It is intended to help those who are financially struggling due to the impact of the COVID-19 pandemic.
Who Is Eligible for the GST Voucher?
The GST Voucher is available to Singaporeans aged 21 and above who had a combined assessable income of $28,000 or less in 2020. All Singaporean citizens who meet the eligibility criteria and are registered with the Inland Revenue Authority of Singapore (IRAS) are eligible to receive the GST Voucher.
How to Claim the GST Voucher
To claim the GST Voucher, eligible Singaporeans must first register with IRAS. This can be done through their website or through the IRAS mobile app. Once registered, the applicant must then complete the GST Voucher application form, which is available on the IRAS website.
What Is a GST Voucher?
The GST Voucher is a one-time payment of up to $500 that is intended to help Singaporeans offset their GST costs. It is available to Singaporeans aged 21 and above who had a combined assessable income of $28,000 or less in 2020. The voucher can be used to offset the cost of goods and services subject to GST.
Other Eligibility Requirements
In addition to meeting the income requirements, applicants must also be a Singapore citizen, currently residing in Singapore and have a valid SingPass account. They must also not be an undischarged bankrupt and must not be a holder of a Dependant’s Pass or an Employment Pass.
The GST Voucher is an important government programme designed to help Singaporeans offset their GST costs. It is available to those who meet the eligibility criteria and have registered with IRAS. Eligible applicants can claim the GST Voucher by completing the GST Voucher application form, which is available on the IRAS website.