facebookGST Voucher 2021 & U-Save 2021: How Much Will You Get in 2021 & When?
35710
shares

Advertisement

GST Voucher 2021 & U-Save 2021: How Much Will You Get in 2021 & When?

profileMing Feng

GST Voucher: “Give You Chicken Wing, Take Back The Whole Chicken.”

If you conducted a general search for ‘GST Voucher’, 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?

Source: SGAG

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?

GST Voucher ComponentHow Much Will I Get?Who Is Eligible?When Is The Payout?
CDC Vouchers$100One per householdFeb 2021
CDA, EduSave, PSEA Top-up$200Singaporeans aged 0 to 20 in 2021May & mid-Sep 2021
Cash Special Payment$200Singaporeans aged 21 and above in 2021 with annual income up to $28,000Jun 2021
Medisave$150 to $450Singaporeans aged 65 and above in 2021 with Annual Value of home ≤ $21,000, and do not own more than one propertyJul 2021
Cash (Regular Payment)$150 to $300Singaporeans aged 21 and above in 2021 with annual income up to $28,000 and Annual Value of home ≤ $21,000Aug 2021
U-Save Special Payment $120 to $200HDB households with at least 1 SingaporeanApr, Jul 2021
U-Save$235 to $395HDB households with at least 1 SingaporeanApr, Jul, Oct 2021, Jan 2022
Service and
Conservancy
Charges
(S&CC) Rebate
Off set 1.5 to 3.5
months of S&CC
Eligible Singaporean households
living in HDB flats
Apr, Jul, Oct 2021, Jan 2022
Grocery Vouchers$100
Singaporeans aged 21 and above in 2021, live in 1-room or 2-room HDB flats, and do not own more than one propertyOct 2021

In October 2021, you can expect to collect your:

  • regular U-Save payment ($235 to $395)
  • 1.5 to 3 months of (S&CC) Rebate, as well as
  • $100 worth of grocery vouchers

if you’re eligible.

Psst… if you’re super kiasu about collecting money from the government…

Log in to your Seedly account and save this article for quick reference as we’ll be updating it constantly!


What Is The GST Voucher Scheme?

The permanent GST Voucher scheme was first introduced back in Budget 2012 as a way to help lower-income Singaporeans cope with GST hikes.

As well as the rising costs of living.

As long as you’re eligible, you can expect to collect 3 different GST Voucher components throughout the year:

For 2021, we’ll also get additional free money under the Household Support Package that was announced during Budget 2021:

Here’s an overview of what kind of GST Voucher payouts to expect for the whole of 2021:

GST Voucher ComponentHow Much Will I Get?Who Is Eligible?When Is The Payout?
CDC Vouchers$100One per householdFeb 2021
CDA, EduSave, PSEA Top-up$200Singaporeans aged 0 to 20 in 2021May & mid-Sep 2021
Cash Special Payment$200Singaporeans aged 21 and above in 2021 with annual income up to $28,000Jun 2021
Medisave$150 to $450Singaporeans aged 65 and above in 2021 with Annual Value of home ≤ $21,000, and do not own more than one propertyJul 2021
Cash (Regular Payment)$150 to $300Singaporeans aged 21 and above in 2021 with annual income up to $28,000 and Annual Value of home ≤ $21,000Aug 2021
U-Save Special Payment $120 to $200HDB households with at least 1 SingaporeanApr, Jul 2021
U-Save$235 to $395HDB households with at least 1 SingaporeanApr, Jul, Oct 2021, Jan 2022
Service and
Conservancy
Charges
(S&CC) Rebate
Off set 1.5 to 3.5
months of S&CC
Eligible Singaporean households
living in HDB flats
Apr, Jul, Oct 2021, Jan 2022
Grocery Vouchers$100
Singaporeans aged 21 and above in 2021, live in 1-room or 2-room HDB flats, and do not own more than one propertyOct 2021

[Payment in Oct 2021] How Much GST Voucher – U-Save Will I Get?

Only households living in HDB flats will be eligible for GST Voucher U-Save, meaning you either:

  • Own and live in an HDB flat
  • Own and live in an HDB flat, and also rent out one or more rooms
  • Rent an entire HDB flat

Regardless of your HDB living situation, there must be at least one Singapore citizen owner/occupier/tenant.

Also, all immediate family members living you in the same HDB flat must not own any other property.

The amount you get is also pegged to the type of HDB flat you live in so… the bigger your flat, the lesser you get.

(The assumption here is that you’re probably better off lah…)

HDB Flat TypeApr 2021Jul 2021Oct 2021Jan 2022Total GSTV-U-Save for FY2021
Regular GSTV-U-SaveGSTV-U-Save Special PaymentRegular GSTV-U-SaveGSTV-U-Save Special PaymentRegular GSTV-U-SaveGSTV-U-Save Special PaymentRegular GSTV-U-Save
1- and 2-room$100$100$100$100$100$100$95$595
3-room$90$90$90$90$90$85$85$535
4-room$80$80$80$80$80$75$75$475
5-room$70$70$70$70$70$70$65$415
Executive / Multi-Generation$60$60$60$60$60$60$55$355

If you’re wondering what U-Save credits can be used for, you can use them to offset your ridiculously expensive utility bills (looks at SP group).

And if your U-Save rebate is higher than your actual utility bill for the month, the unused portion will be rolled over to next month’s bill.

When Will I Get My GST Voucher — U-Save?

Btw, you don’t have to do anything or register for this payout.

If you qualify, you’ll automatically receive the U-Save rebates in your utility bills.

The GST Voucher – U-Save will be paid out in April 2021, July 2021, October 2021, and January 2022.

When Will I Get My GST Voucher – U-Save Special Payment?

For 2021, households that receive the GST Voucher – U-Save will also receive a GST Voucher – U-Save Special Payment.

This was paid out in April 2021 and July 2021.


[Payment in Oct 2021] How Much S&CC Rebates Will I Get?

Eligible households will also receive Service and Conservancy Charges (S&CC) rebates.

FYI: the S&CC is what you pay for the monthly upkeep of common spaces and property

Here’s a look at how many months of S&CC rebates you’re potentially eligible for:

HDB Flat TypeNumber of Months of S&CC Rebate in FY2021
April 2021July 2021October 2021January 2022Total for FY2021
1- and 2-room1110.53.5
3- and 4-room10.50.50.52.5
5-room0.50.50.50.52
Executive / Multi-Generation0.50.50.5-1.5

Understanding Service and Conservancy Charges (S&CC)

If you’re looking at the number of months of S&CC rebates you’re eligible for and are going, “Chey… 3.5 months only. Like nothing really much leh…”

WRONG.

S&CC charges can range from $54.20 for a 1-room HDB flat to ~$101 for an Executive HDB flat.

And that’s EVERY MONTH.

To give you a better sense of how much you’d be saving, here’s an overview of the current Service and Conservancy Charges (S&CC):

Types Of Flat You Stay InNormal RateReduced Rate
1-room flat$54.20$20.50
2-room flat$56.70$30.50
3-room flat$63.00

$79.50
(Design-Build-and-Sell Scheme)
$46.00

$62.50
(Design-Build-and-Sell Scheme)
4-room flat$72.50

$88.00
(Design-Build-and-Sell Scheme)
$63.50

$79.00
(Design-Build-and-Sell Scheme)
5-room flat$86.50

$99.50
(Design-Build-and-Sell Scheme)
$79.50
Executive/ Multi-Generation$101.00-

[Payment in Oct 2021] How Much Grocery Vouchers Will I Get?

$100 worth of Grocery Vouchers will be given to needy Singaporeans and is part of the Care and Support Package announced during Budget 2020.

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 delivered via registered mail from 2 October 2021.

1st Delivery2nd DeliveryPostal CodeArea
2 Oct 2021 (Sat)Between 4 to 8 Oct01XXXX to 31XXXXChinatown, Queenstoen, Bukit Merah, Tiong Bahru, Telok Blangah, Pasir Panjang, Clementi, Beach Road, Little India, Ghim Moh, Holland, Toa Payoh
9 Oct 2021 (Sat)Between 11 to 15 Oct32XXXX to 53XXXXWhampoa, Bendemeer, Macpherson, Geylang, Eunos, Marine Parade, Bedok, Tampines, Pasir Ris, Hougang
16 Oct 2021 (Sat)Between 18 to 22 Oct54XXXX to 69XXXXSengkang, Serangoon, Ang Mo Kio, Bishan, Upper Bukit Timah, Jurong East, Jurong West, Bukit Batok, Bukit Panjang, Choa Chu Kang
23 Oct 2021 (Sat)Between 25 to 29 Oct73XXXX to 82XXXXWoodlands, Sembawang, Yishun, Sengkang West (Fernvale, Jalan Kayu), Punggol

If there’s no one home to receive them, a second delivery will be made during the following week.

If delivery is still unsuccessful, look to for a notification card at your doorstep which yo can see to collect your voucher at a specified post office within 10 working days.

FYI: these Grocery Vouchers can be used at supermarkets like Giant, NTUC FairPrice, Prime Supermarket and Sheng Shiong.

Recipients can also enjoy 5 per cent discount from participating supermarkets (except Giant) off all Healthier Choice Symbol products.


[Fully Disbursed] How Much GST Voucher (GSTV): Cash and Cash Special Payment Will I Get?

There are 5 basic criteria to meet in order to be eligible for GST Voucher — Cash:

  • You must be a Singapore citizen, residing in Singapore
  • You must be aged 21 or above in 2021
  • You earned $28,000 or less in 2020
  • Your Annual Value (AV) of your home (as indicated on your NRIC) as at 31 December 2020 must not exceed $21,000
  • You must not own more than one property
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)
or
-30 Jun 2021 (no NRIC PayNow link)
or
From 15 Jul 2021 (Cheque)
$200
GSTV - Cash (regular payment)

To be paid by:
30 Jul 2021 (link NRIC to PayNow)
or
5 Aug 2021 (no NRIC PayNow link)
or
From 18 Aug 2021 (Cheque)
$300$150
Total in FY2021 (1 Apr 2021 to 31 Mar 2022)$500$350

You will be notified in June 2021 if you are eligible.

If you die die must know NOW, you can always log in to the GST Voucher website (SingPass needed) to check.

Er… Where Can I Find The Annual Value Of My Home?

For those of you going, “Simi Annual Value 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.

You’re welcome.

When Will I Get My GST Voucher — Cash?

The GST Voucher — Cash (Special Payment) will be disbursed in June 2021.

And the GST Voucher — Cash will be disbursed in August 2021.

If you want to make sure that you get your money ASAP, you’ll need to set up your PayNow and get it linked to your NRIC.

If you don’t have PayNow or haven’t linked it to your NRIC, it’ll be directly credited to your DBS/POSB, OCBC or UOB bank account.

Source: DBS

And if you’re living off-the-grid for whatever reason, please check your mail for a cheque which you’ll need to bank in within 6 months.

Or it’ll all go into your CPF-OA instead.


[Fully Disbursed] 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 2021)
  • Not own more than 1 property
Source: memecrunch

Depending on the AV of your home (the address that is listed on your NRIC) as of 31 December 2021…

When Will I Get My GST Voucher — MediSave?

If you’re eligible, here’s the amount of MediSave Top-up you will receive:

Age in 2021Annual Value of Home as at 31 Dec 2020
Up to $13,000From $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 July 2021.


[Fully Disbursed] $200 Child Development Account, Edusave or Post-Secondary Education Account Top-Up

How Much Community Development Council (CDC) Vouchers Will I Get?

Eligible Singapore households will receive $100 Community Development Council (CDC) vouchers.

This will benefit about 1.3 million households, and you can use these vouchers at participating heartland shops and hawker centres.

Who Is Eligible For The CDC Vouchers?

To qualify for the CDC voucher scheme, you will need to be a lower-income household that is identified by your respective CDC.

However, as part of Budget 2021, ALL Singaporean households are eligible for $100 worth of CDC vouchers.

How Do I Apply For The CDC Vouchers

You do not need to apply for it.

If you’re eligible, you will be identified by your respective CDC and they will provide you with further details about the voucher collection.

Advertisement

profile
About Ming Feng
A stint in Bloomberg gifted me with a beer belly, which only grew larger when I moved on to become a Professional Trader. Now I turn caffeine into digestible finance-related content.
You can contribute your thoughts like Ming Feng here.

Still have more questions after reading the article? Fret not, ask our community here!

Stay updated with the latest finance tips!
Receive bite-sized finance on Telegram here.

What's Popular

    • Loading articles
    • Loading articles
    • Loading articles
    • Loading articles
    • Loading articles

What's Popular

    • Loading articles
    • Loading articles
    • Loading articles
    • Loading articles
    • Loading articles

Still have more questions after reading the article? Fret not, ask our community here!