Singapore Budget 2021: GST Voucher 2021 - How Much Will You Be Getting in 2021?
GST Voucher: “Give You Chicken Wing, Take Back The Whole Chicken.”
If you enter the words ‘GST Voucher’ into Google, you’ll find tonnes of sceptical comments left by Singaporeans on social media.
Some of the more interesting comments we came across are:
- “The more they give you, the more they take back”
- “Candies for everyone… this means that the General Election is near.”
- “Give you chicken wing, take back the whole chicken.”
While some of these comments may certainly have some truth to them.
I decided to look at the GST Vouchers and all of the other benefits given by the government as something positive.
You know the expression about a glass being half empty or half full?
From the way I see it, with all of these GST Vouchers and government support. My cup is half full.
I mean… it’s better than getting nothing right…
TL;DR: How Much GST Voucher Will I Be Getting in 2021?
[UPDATE] GST Vouchers Announced During 2021 Budget Statement
The Household Support Package was announced during Budget 2021.
This package would include special payments in addition to our GST Vouchers.
This includes a one-off GST Voucher – Cash Special Payment of $200, and GST Voucher – U-Save Special Payment with utility rebates between $120 to $200.
Here are the details:
For GST Voucher (GSTV): Cash and Cash Special Payment
|Assessable Income for Year of Assessment 2020 (≤ $28,000)||Annual Value of Home as at 31 Dec 2020|
|Up to S$13,000||$13,000 to $21,000|
|GST - Cash Special Payment |
To be paid by:
-23 Jun 2021 (link NRIC to PayNow)
-30 Jun 2021 (no NRIC PayNow link)
From 15 Jul 2021 (Cheque)
|GSTV - Cash (regular payment)|
To be paid by:
30 Jul 2021 (link NRIC to PayNow)
5 Aug 2021 (no NRIC PayNow link)
From 18 Aug 2021 (Cheque)
|Total in FY2021 (1 Apr 2021 to 31 Mar 2022)||$500||$350|
The GST Voucher – Cash is being credited to those who have a PayNow-NRIC-linked bank account.
For GST Voucher (GSTV): U-Save and U-Save Special Payment
|HDB Flat Type||Apr 2021||Jul 2021||Oct 2021||Jan 2022||Total GSTV-U-Save for FY2021|
|Regular GSTV-U-Save||GSTV-U-Save Special Payment||Regular GSTV-U-Save||GSTV-U-Save Special Payment||Regular GSTV-U-Save||GSTV-U-Save Special Payment||Regular GSTV-U-Save|
|1- and 2-room||$100||$100||$100||$100||$100||$100||$95||$595|
|Executive / Multi-Generation||$60||$60||$60||$60||$60||$60||$55||$355|
- Households whose members own more than one property are not eligible for GSTV – U-Save nor GSTV – U-Save Special Payment.
- Eligible households will receive their regular GSTV – U-Save over four quarters in April 2021, July 2021, October 2021 and January 2022.
- On top of the regular GSTV – U-Save, eligible households will receive their GSTV – U-Save Special Payment over two quarters in April 2021 and July 2021.
- The regular GSTV – U-Save in April 2021, July 2021 and October 2021 include an additional $5 per quarter from January 2019 to December 2021, as announced in Budget 2018 to mitigate the impact of the introduction of a carbon tax.
- From January 2022, the regular GSTV – U-Save that households will receive will no longer include the additional $5.
It was also announced in Budget 2020 that the GST hike will NOT be happening in 2021.
In addition, each household will receive $100 Community Development Council (CDC) vouchers.
This will benefit about 1.3 million households, and you can use these vouchers can be used at participating heartland shops and hawker centres.
Also, if you’d like to be the first to know when the news breaks, be sure to log into your Seedly account and save this article as we’ll definitely update this article once new information is released!
As part of the Care and Support Package announced during the Unity Budget 2020.
All Singaporean HDB households will receive their regular GST Voucher – U-Save, which includes the GST Voucher – U-Save Special Payment ($480 to $800).
That’s double the regular GST Voucher – U-Save we’ve been getting.
Eligible larger households will also be getting their Further GST Voucher – U-Save ($120 to $200).
Lastly, eligible HDB households will also receive rebates to offset between 1.5 to 3.5 months of S&CC over FY2020.
Overall, all of these budget measures are part of the Care and Support Package, which is meant to help Singaporeans cope with their household expenses in the midst of the COVID-19 pandemic.
The Care and Support Package consists of different benefits:
- Solidarity Payment (paid in cash) to Singaporeans aged 21 and above in 2020
- Care and Support – Cash given to eligible Singaporeans
- PAssion Card Top-up (paid in cash) to Singaporeans aged 50 and above
- GST Voucher – U-Save to offset HDB flat’s utility bills
- Service and Conservancy Charges (S&CC) Rebate
- Solidarity Utilities Credit (one-off) given to all residential households with at least one Singaporean
- Workfare Special Payment for low-wage workers aged 35 and above in 2019
- GST Voucher – Cash (paid in cash) to eligible Singaporeans aged 21 and above in 2020
- GST Voucher – Medisave given to Singaporeans aged 65 and above in 2020
- Grocery Vouchers for needy Singaporeans
|In form of||How much?||Who is eligible?||When?|
($300 + $300 from August's Care & Support brought forward)
|$600||Singaporeans aged 21 and above in 2020||April 2020|
|Care and Support – Cash||$300 or $600|
($300 of August's payout is brought forward to April)
|Singaporeans aged 21 and above in 2020||June 2020|
|Care and Support – Cash (Parents)||$300||Every adult Singaporean with at least 1 Singaporean child aged 20 and below in 2020||June 2020|
|PAssion Card Top-up|
(will be paid in cash)
|$100||Singaporeans aged 50 and above in 2020||June 2020|
|GST Voucher – U-Save|
(includes the one-off GST Voucher – U-Save Special Payment)
|$480 to $800||HDB households with at least 1 Singaporean||April, July, October 2020, and January 2021|
|Further GST Voucher – U-Save||$120 to $200||Households with 5 or more members||October 2020 and January 2021|
|Off set 1.5 to 3.5|
months of S&CC
|Eligible Singaporean households|
living in HDB flats
|April, July, October 2020, and January
|Solidarity Utilities Credit|
(credited in household's utilities bills with SP Group)
|$100||Households with at least 1 Singaporean||July or August 2020|
|Workfare Special Payment||$3,000||Low-wage workers aged 35 and above in 2019||July and October 2020
($1,500 each time)
|GST Voucher – Cash||$150 or $300||Singaporeans aged 21 and above in 2020 with annual income below $28,000 and annual value of property below $21,000||August 2020|
|GST Voucher – MediSave||$150 to $450||Singaporeans aged 65 and above in 2020 with Annual Value of home ≤ $21,000, and do not own more than one property||August 2020|
|Grocery Vouchers||$300 |
|Singaporeans aged 21 and above in 2020, live in 1-room and 2-room HDB flats||October and December 2020
2 January 2021
[Jan 2021] How Much GST Voucher – U-Save Will I Get?
One of the perks of staying in an HDB flat is that you’ll receive the GST Voucher – U-Save.
FYI: the amount is pegged to the type of HDB flat you live in.
If you’re wondering what U-Save credits can be used for, well, you can use them to offset your ridiculously expensive utility bills (looks at SP group).
|Type of HDB Flat||GST Voucher – U-Save||GST Voucher – U-Save Special Payment|
|Further GST Voucher – U-Save|
(for households with five or more members)
|Total GST Vouchers – U-Save
|1-room and 2-room||$400||$400||$200||$800 or $1,000|
|3-room||$360||$460||$180||$720 or $900|
|4-room||$320||$320||$160||$640 or $800|
|5-room||$280||$280||$140||$560 or $700|
|Executive/ Multi-Generation||$240||$240||$120||$480 or $600|
What are the Requirements to be Eligible For GST Voucher – U-Save?
Only households living in HDB flats will be eligible for GST Voucher U-Save.
Also, you need to:
- Own and live in your HDB flat, there must be at least one Singapore citizen owner or occupier in the flat; or
- Partially rent out the HDB flat that you own and live in, there must be at least one Singapore citizen owner or occupier in the flat; or
- Rent an entire flat, there must be at least one Singapore citizen tenant
If you own more than one property, you are not eligible for the GST Voucher – U-Save.
The GST Voucher – U-Save will be paid out in April 2020, July 2020, October 2020, and January 2021.
GST Voucher – U-Save Special Payment and Further GST Voucher – U-Save
Households that receive the GST Voucher – U-Save will also receive a one-off GST Voucher – U-Save Special Payment.
This was paid out in April 2020 and July 2020.
For larger households with five or more members, they will also receive a one-off Further GST Voucher – U-Save.
This will be paid out in October 2020 and January 2021.
[Jan 2021] How Much S&CC Rebates Will I Get?
On top of that, eligible households will also receive Service and Conservancy Charges (S&CC) rebates.
HDB owners pay a monthly S&CC charge for the upkeep of the common property.
Here’s a look at how many months of S&CC rebates you’re potentially eligible for:
|Types Of Flat You Stay In||Amount of S&CC Rebate in number of months||Total S&CC Rebate|
|January 2019||April 2019||July 2019||October 2019|
|1-room flat||1||1||1||0.5||3.5 months|
|2-room flat||1||1||1||0.5||3.5 months|
|3-room flat||1||0.5||0.5||0.5||2.5 months|
|4-room flat||1||0.5||0.5||0.5||2.5 months|
|5-room flat||0.5||0.5||0.5||0.5||2 months|
|Executive/ Multi-Generation||0.5||0.5||0.5||-||1.5 months|
Understanding Service and Conservancy Charges (S&CC)
If you’re looking at the number of months of S&CC rebates your household is eligible for.
And are going, “Chey… 3.5 months only. Like nothing really much leh…”
S&CC charges can range from $54.70 for a 1-room HDB flat to $101 for an Executive.
And that’s EVERY MONTH.
Here’s a full list of the Service and Conservancy Charges (S&CC) that HDB owners are paying for:
|Types Of Flat You Stay In||Normal Rate||Reduced Rate|
The rebates will be given in April 2020, July 2020, October 2020, and January 2021.
[Disbursed Fully] How Much Solidarity Payment, Care and Support – Cash, and PAssion Card Top-up Will I Get?
Cash is always king!
There are different types of cash payouts, which Singaporeans will receive.
Here’s an overview of how much cash payout you can potentially receive:
|Assessable Income for YA 2019||$28,000 and below||Above $28,000 to $100,000||More than $100,000|
(or own more than 1 property)
|For Singaporean adults, 21 years and older in 2020||Solidarity Payment|
(additional $300 top-up by Government)
|Care and Support – Cash||$600|
(originally $900 but $300 brought forward to Solidarity Payment)
(originally $600 but $300 brought forward to Solidarity Payment)
(originally $300 but $300 brought forward to Solidarity Payment)
|For Singaporean parents with at least 1 Singaporean child, 20 years and below in 2020||Care and Support – Cash (Parents)||$300|
|For Singaporeans, 50 years and older in 2020||PAssion Card Top-up|
All adult Singaporeans (aged 21 and above in 2020) will receive $600 in cash.
This comprises $300 of the Care and Support – Cash which is now being paid earlier in view of the heightened measures.
And an additional $300 top-up by the government.
This was paid out in April 2020.
Care and Support – Cash
To help Singaporeans defray the cost of household expenses during this period of uncertainty.
It was announced that the Care and Support – Cash would be tripled.
All eligible Singaporeans will now receive a payout of $900, $600 or $300, depending on their income.
Update: $300 will be brought forward to the Solidarity Payment in April 2020
The remainder was paid out in June 2020.
Care and Support – Cash (Parents)
Singaporean parents with at least one Singaporean child, 20 years and below in 2020, will each receive an additional $300.
This was paid out in June 2020.
PAssion Card Top-Up for Seniors
For Singaporeans aged 50 and above — mainly the Pioneer and Merdeka Generation seniors.
The $100 PAssion Card top-up will be given out in cash instead.
This is for them to use on groceries, activities, community club facilities and more.
This was also paid out in June 2020.
[Disbursed Fully] How Much Solidarity Utilities Credit Will I Get?
As announced during the Fortitude Budget 2020, there will be a one-off $100 Solidarity Utilities Credit to help Singaporeans offset a portion of the utility bills.
This is due to the current work from home situation where many households have seen an increase in their utility bills.
Best of all?
All property types are covered!
Any households with at least one Singapore Citizen will automatically be included.
The Solidarity Utilities Credit was credited into all households’ July or August 2020 utility bills with SP Group.
[Disbursed Fully] How Much Workfare Special Payment Will I Get?
This is mainly targeted at lower-income households.
All Singaporean employees and self-employed persons who received Workfare Income Supplement (WIS) payments for work done in 2019 will receive a Workfare Special Payment (WSP) in 2020.
The WSP is a one-off $3,000 cash payout that was paid out in two equal payments of $1,500 each in July 2020 and October 2020.
Extension of Workfare Special Payment
The WSP was extended to include lower-wage workers aged 35 and above in 2020, who received WIS payment for WY 2020 and have not qualified for WSP previously.
These eligible recipients have received a full one-off WSP ($3,000) from October 2020.
[Disbursed Fully] How Much GST Voucher – Cash Will I Get?
The GST Voucher – Cash will be given to eligible Singaporeans, 21 years or older in 2020.
|Assessable income for the year 2019||Up to $13,000|
(Annual Value of Home as at 31 Dec 2019)
|$13,001 to $21,000
(Annual Value of Home as at 31 Dec 2019)
This was paid out in August 2020.
Requirements For GST Voucher – Cash
To be eligible for the GST Voucher – Cash, you must:
- Be a Singaporean living in Singapore
- Be 21 years old and above (in 2020)
- Not own more than 1 property
The other factors that will affect the amount of cash you receive are:
- Income Earned in 2018 as assessed by IRAS (assessable income for the year of assessment 2019)
- Annual Value of home as of 31 December 2019
The Annual Value Of Home (AV) is the estimated yearly rental which your property can get you if you were to rent it out.
The calculation excludes furniture, furnishings and maintenance fees.
Where Can I Find The AV Of My Home?
For those of you going, “Simi AV of my home? Where to find ah?”
I gotchu fam.
You can find the AV of your home on your yearly property tax bill.
That is if you file your correspondences properly…
Alternatively, you can login to myTax Portal using your SingPass/IRAS PIN > Messages > Correspondence & Notices > Property Tax > Letters/Notices.
[Disbursed Fully] How Much GST Voucher – Medisave Will I Get?
To be eligible for the GST Voucher – MediSave, you must:
- Be a Singaporean living in Singapore
- Be 65 years old and above (in 2020)
- Not own more than 1 property
Depending on the AV of your home (the address that is listed on your NRIC) as of 31 December 2019…
Here’s the amount of MediSave Top-up you will receive:
|Age in 2020||Annual Value of Home as at 31 Dec 2019|
|Up to $13,000||From $13,001 to $21,000|
|65 to 74||$250||$150|
|75 to 84||$350||$250|
|85 and above||$450||$350|
This was paid out in August 2020.
[Disbursed Fully] How Much Grocery Vouchers Will I Get?
$400 worth of Grocery Vouchers will be given to needy Singaporeans over 2020 to beginning 2021.
The Grocery Vouchers are for Singaporeans who:
- Are aged 21 and older
- Live in 1- or 2-room HDB flats
- Do not own more than one property
and will be mailed to the NRIC-registered address of eligible citizens.
These Grocery Vouchers can be used at supermarkets like NTUC FairPrice, Giant, and Sheng Shiong.
And are meant to help this group of needy Singaporeans to cope with the cost of living amidst the pandemic.
The first $300 was disbursed in October and December 2020.
While the remaining $100 was disbursed from 12 December 2020 to 2 January 2021 in person, by postal code.