The Goods and Services Tax (GST) Voucher is a scheme launched by the Singapore government to provide financial assistance to eligible Singaporeans. It is a scheme that provides a one-time payment to eligible individuals in the form of cash, Medisave and/or U-Save vouchers. It is designed to help lower-income households with the cost of living.
Who is Eligible for the GST Voucher?
To be eligible for the GST Voucher, you must meet certain criteria. These include:
Age Criteria
You must be at least 21 years of age and a Singapore Citizen.
Income Criteria
Your annual income must be below a certain amount. The exact amount depends on your household size and composition.
Residency Status
You must have been a Singapore Citizen for at least three consecutive years before the year of assessment.
How to Check if You are Eligible for the GST Voucher?
If you meet the criteria mentioned above, you may be eligible for the GST Voucher. To find out if you are eligible, you can use the GST Voucher Eligibility Checker on the website of the Inland Revenue Authority of Singapore (IRAS).
To use the GST Voucher Eligibility Checker, you will need to provide the following information:
Personal Information
Your name, NRIC, date of birth and contact details.
Household Information
The names, NRICs and dates of birth of all the members of your household.
Income Information
Your income and the incomes of all the members of your household.
Once you have provided all the necessary information, the GST Voucher Eligibility Checker will tell you whether you are eligible for the GST Voucher.
Conclusion
The GST Voucher is a scheme launched by the Singapore government to provide financial assistance to eligible Singaporeans. To find out if you are eligible for the GST Voucher, you can use the GST Voucher Eligibility Checker on the website of the Inland Revenue Authority of Singapore (IRAS). You will need to provide your personal and household information, as well as your income information. Once you have provided all the necessary information, the GST Voucher Eligibility Checker will tell you whether you are eligible for the GST Voucher.