1.5 Million Singaporeans to Receive GST Voucher Cash Payouts in August; Income Threshold for Scheme Raised

1.5 million Singaporeans to receive GST Voucher cash payouts in August; income threshold for scheme raised

SINGAPORE: More than 1.5 million Singaporeans will receive up to S$850 (US$670) in cash payouts as part of the Goods and Services Tax Voucher (GSTV) scheme next month, the Ministry of Finance said on Monday (Jul 7). The assessable income threshold for GSTV – Cash payouts will also be raised from S$34,000

Eligible Singaporeans to receive up to $850 cash, $450 MediSave top-ups in August

Over 1.5 million eligible adult Singaporeans who are aged 21 and above will receive up to $850 in cash as part of the Goods and Services Tax Voucher (GSTV) scheme in August, said the Ministry of Finance (MOF) on Monday (July 7). In addition to the cash payouts, around 690,000 eligible seniors will benefit from MediSave top-ups of up to...