Personal Finance
Singapore Budget 2016 – GST Vouchers
By Investment Stab  •  March 26, 2016
Announced on the 24th March 2016's Singapore Budget, Singaporeans will receive their annual GST vouchers for year 2016.
In addition to the normal GST vouchers, this year, the Government will provide a one-time Special GST Voucher - a Bonus!
You will receive a letter in July how much you will get from your GST Voucher.

Eligibility
1) Assessable Income Earned in 2014: $26,000 and below
    Yes, your eligibility for year 2016 GST Voucher is dependent on your 2014 income.
2) Age 21 or above in year 2016
3) Singapore residing in Singapore

Ineligibility
1) Singaporeans owning more than 1 property as of 31 December 2015 will not get the Special GST Voucher.
2) Assessable Income Earned in 2014: more than $26,000









*you can check your home's annual value from the IRAS website.
The link and instruction is here: https://mytax.iras.gov.sg/ESVWeb/default.aspx


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By Investment Stab
We are a group of Singaporean students who are curious and interested in Finance. As we dive deeper into this area in search of more knowledge, the more debates and differences we have. We also realised that financial literacy is not strongly inculcated in the younger generations, leading to numerous costly mistakes. Some of such includes believing in "high profiting" scams such as land banking and buying unnecessary investment schemes which are often motivated by the salesperson's personal interest ...
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