‘So how much in extra GST Vouchers are we getting this year?’
Look no further!
Just down below, you’ll find the important details of the Household Support Package (this is the package where our beloved GST Vouchers will be coming from).
But first, you should know what exactly the ‘Household Support Package’ is designed for.
The Household Support Package is a whopping $900 million plan that will benefit all households – with lower to middle-income households receiving greater benefits.
On top of the GST Voucher, support will also come in the form of U-Save rebates (utilities rebate) and even CDC (Community Development Council) vouchers that you can use to enjoy hawker food.
For the U-Save Special Payment, you will basically be receiving an additional 50% if you are eligible for the regular U-Save voucher. Take note that households with members who own more than 1 property will not be eligible for the U-Save rebate, nor the GST Voucher!
Hopefully with this, you’ll know what you’ll be getting at a glance!
Before you say: ‘Huh, that’s all?’… Keep in mind that this is just one of the SIX other budgets pushed out by the government last year to combat the effects of COVID-19!
Other budgets which most of us received some sort of financial benefits from include the Care and Support Package, and the Solidarity Package.
And don’t forget… you will still be getting your regular GST Voucher (if you’re eligible) later this year!
So don’t think the government’s being stingy and only giving you $200.
So in TOTAL, how much will you be getting for the entire year of 2021 – including the incentives from this Household Support Package?
Our team will be updating really soon, and calculating your entire year’s benefits in an upcoming article. Stay tuned!
In the meantime, still highly recommended that you take a look at the Ministry Of Finance’s official website for more details.