Am I Eligible?
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At Budget 2023, then-Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong, announced that the 2024 GSTV – Cash quantum will be increased by up to $150, compared to the 2023 GSTV – Cash quantum.
GST Voucher – Cash
To receive the 2024 GST Voucher – Cash, you must fulfil the following criteria:
- You must be a Singapore citizen, residing in Singapore;
- You must be aged 21 and above in 2024;
- Your Income Earned in 2022 as assessed by IRAS (Assessable Income (AI) for the Year of Assessment (YA) 2023 must not exceed $34,000;
- The Annual Value (AV) of your home (as indicated on your NRIC) as at 31 December 2023 must not exceed $25,000; and
- You must not own more than one property.
Singaporeans Aged 21 and Above in 2024, AI
Up to $34,000 for YA2023Owns 0 to 1 Property AV of Home as at 31 December 2023 Up to $21,000 More than $21,000 and Up to $25,000 2024 GSTV – Cash
[Paid from August 2024]$850 $450 GST Voucher – MediSave
To receive the 2024 GSTV – MediSave, you must fulfil the following criteria:
- You must be a Singapore citizen, residing in Singapore;
- You must be aged 65 or above in 2024;
- The AV of your home (as indicated on your NRIC) as at 31 December 2023 must not exceed $25,000; and
- You must not own more than one property.
Age in 2024AV of Home as at 31 December 2023 Up to $21,000 More than $21,000 and Up to $25,000 65 - 74 $250 $150 75 - 84 $350 $250 85 and above $450 $350
You may login to the e-services to view your eligibility for 2024 GSTV – Cash and MediSave.
Common terms related to the GSTV's eligibility criteria
Term(s) Description Assessable Income (AI) Your AI is your total income after deducting allowable expenses and approved donations. It includes employment income, trade income, and other income such as rental income .
Based on the sample Notice of Assessment here:
Income = $35,000
Donations = $5,000
Assessable income = $35,000 - $5,000 = $30,000
You may visit iras.gov.sg [log in to myTax Portal using your Singpass > Notices/Letters > Individual, select Year of Assessment] to view your Notice of Assessment.Annual Value (AV) The AV is the estimated gross annual rent of the property if it were to be rented out, excluding furniture, furnishing and maintenance fees. It is determined based on estimated market rentals of similar or comparable properties and not on the actual rental income received.
To find out the AV of the property you are residing at, you may refer to IRAS Check Annual Value of Property portal.Singapore Citizen Those who hold foreign citizenship will not be eligible for the GSTV scheme, regardless of whether they simultaneously hold Singapore citizenship. Please approach the Immigration and Checkpoints Authority (ICA) if you would like to address your citizenship matters.
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Only Singaporean households living in HDB flats are eligible for the GST Voucher (GSTV) – U-Save. To receive the GSTV – U-Save in 2024, you must fulfil the following criteria:
- If your flat is partially rented out or not rented out, there must be at least one Singapore citizen owner or occupier; or
- If you rent out an entire flat, there must be at least one Singapore citizen tenant;
- If your flat is partially rented out or not rented out, all owners and essential occupiers must not own or have any interest in more than one property; or
- If you rent out an entire flat, all tenants must not own or have any interest in more than one property.
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Under the Budget 2024 and Assurance Package (AP), your household will receive 2.5 times the amount of regular U-Save, or up to $950, in Financial Year 2024. The additional rebates aim to help Singaporean HDB households cope with increases in their utility bills.
HDB Flat Type and Disbursement Month 1- and 2- room 3-room 4-room 5-room Executive/Multi-generation Apr 2024 GSTV – U-Save $95 $85 $75 $65 $55 B2024 COL U-Save $95 $85 $75 $65 $55 Jul 2024 GSTV – U-Save $95 $85 $75 $65 $55 AP U-Save $95 $85 $75 $65 $55 B2024 COL U-Save $95 $85 $75 $65 $55 Oct 2024 GSTV – U-Save $95 $85 $75 $65 $55 B2024 COL U-Save $95 $85 $75 $65 $55 Jan 2025 GSTV – U-Save $95 $85 $75 $65 $55 AP U-Save $95 $85 $75 $65 $55 B2024 COL U-Save $95 $85 $75 $65 $55 Total $950 $850 $750 $650 $550
Notes
- The B2024 COL U-Save includes the additional $20 of U-Save per quarter from the $1.1 billion COL Package announced in September 2023, to cushion the impact of higher utilities bills from increases in carbon tax and water price.
For more information on the GSTV – U-Save, you may fill in this feedback form or contact SP Services at 6671 7117 (Mon-Fri: 8.30am-5.30pm). -
Only Singaporean households living in HDB flats are eligible for the GST Voucher (GSTV) – S&CC Rebate. To receive the GSTV – S&CC Rebate in 2024, you must fulfil the following criteria:
- There must be at least one Singapore citizen flat owner or occupier in the flat;
- The flat owner(s) and essential occupier(s) of the flat do not own or have any interest in a private property; and
- The flat owner(s) have not rented out the whole flat.
Eligible Singaporean households living in HDB flats will receive GSTV – S&CC Rebates to offset between 1.5 and 3.5 months of S&CC.
Announced in Budget 2024, eligible HDB households will receive one-off 0.5-month of S&CC Rebate in January 2025.
In total, eligible HDB households will receive up to 4 months of S&CC rebates in Financial Year 2024.
Notes:HDB Flat Type and Disbursement Month Number of Months of S&CC Rebate 1- and 2-room 3- and 4-room 5-room Executive / Multi-generation Apr 2024 1.0 1.0 0.5 0.5 Jul 2024 1.0 0.5 0.5 0.5 Oct 2024 1.0 0.5 0.5 0.5 Jan 2025 0.5 + 0.5 0.5 + 0.5 0.5 + 0.5 + 0.5 Total 4.0 3.0 2.5 2.0
- Number of months of S&CC Rebate in January 2025 includes the B2024 COL S&CC Rebate.
- Households with no Singaporean flat owner or occupier in the flat, whose flat owner(s) or essential occupier(s) own or have any interest in a private property, or have rented out the entire flat, are not eligible for the S&CC Rebate.
HDB residents can check or enquire on their household’s eligibility for the GSTV – S&CC Rebate by logging into My HDBPage via HDB InfoWEB with their Singpass and following these steps: My Flat > Purchased/Rental Flat > S&CC Rebate.
Town Councils have the full discretion to determine the S&CC rates applicable for every flat, which may vary by flat type, design and location. As different Town Councils charge different S&CC rates, the amount of S&CC rebate received by households will differ for the same flat type.
For enquiries on your household's S&CC payment and account status, residents can contact your Town Councils. The Town Councils' contact information can be found on the respective Town Councils’ websites.