- Singaporeans will receive up to S$800 worth of cash vouchers in December 2023 as part of the Assurance Package payouts to offset the increasing costs of living
- About 2.9 million Singaporeans will benefit from this round of payouts
- Eligible Singaporeans are encouraged to link their NRICs to PayNow by 19 Nov 2023 to receive their cash voucher as early as 5 Dec 2023
- In August 2023, 1.5 million Singaporeans will receive up to a total of S$700 in GST Vouchers in the form of cash
- 624,000 eligible Singaporean adults aged 65 and above in 2023 will also receive up to S$450 in MediSave Top Ups
- Another round of CDC vouchers will be paid out to Singaporean households on 3 January 2023
- Eligible HDB households will receive an additional GST voucher (GSTV) – U-Save rebate under the Assurance Package
- The government has also announced a GSTV
- S&CC Rebate that will be included under the permanent GST Voucher scheme
- In December 2022, the Singapore government announced a S$6 billion Assurance Package (AP) to cushion the effects of the upcoming increase in GST
- In October 2022, Deputy Prime Minister and Minister for Finance Lawrence Wong announced a S$1.5 billion support package to provide aid to Singaporeans for rising inflation
Source: valuechampion.sg
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
