In this article, I’ll be zeroing in on the things that I found relevant and important to middle class Singaporeans. Singaporeans who are making a decent monthly salary and are don’t always receive much benefits and support from the government.
Last night, I spent 2 hours catching up on the Singapore Budget 2019, making notes of the opportunities and insights that were mentioned by Mr Heng Swee Keat during his speech.
Let’s get the goodies that the government is dishing out this year that middle income Singaporeans will and will not be getting.
No GST vouchers for middle income Singaporeans
This year, only Singaporeans aged 21 and above, who earned an income of up to S$28,000 in 2017, are eligible for the GST Voucher payout.
If their home’s annual value at the end of 2018 was S$13,000 or below, they will receive S$300. If their home’s annual value at the