1.4 million Singaporeans to get $570 million in GST vouchers in August

SINGAPORE - About 1.4 million Singaporeans will benefit from $570 million in goods and services tax vouchers in cash and Medisave top-ups in August.

Those who have not provided their bank account numbers can do so at this website by July 22, and they will receive their payouts via bank transfer on Aug 1. The rest will receive cheques sent to their official address by Aug 17. The GST Voucher scheme was introduced in 2012 to help the lower- and middle-income Singaporeans offset some of their GST expenses.The cash payout helps lower-income Singaporeans with their immediate needs, and is paid every August.

Eligible HDB households will receive double their regular U-Save vouchers this year, through a one-off special payment. Eligible households with five or more members will receive 2.5 times their regular U-Save rebate in 2020. - Care and Support - Cash: From June, Singaporeans aged 21 and above would have received a cash payout of $900, $600, or $300 each, depending on their income and the number of properties that they own.

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