Number of Singaporeans Who Received GST Vouchers in 2021 but Not 2022
01 Aug 2022Parliamentary Question by Ms Mariam Jaafar:
To ask the Deputy Prime Minister and Minister for Finance how many Singaporeans who received the GST Vouchers in 2021 are not receiving GST Vouchers in 2022.
Parliamentary Reply by Deputy Prime Minister, and Minister for Finance Mr Lawrence Wong:
The GST Voucher (GSTV) scheme helps lower- and middle-income households defray their GST and daily living expenses. The number of recipients vary from year to year as the circumstances of individuals may change.
About 88,000 Singaporeans who received GSTV – Cash in 2021 will not be receiving GSTV – Cash in 2022. This number includes individuals whose incomes have increased, who have moved to higher-value private properties, who have moved overseas, or who have passed on.
At the same time, about 218,000 Singaporeans are newly eligible for GSTV – Cash this year. This is due to changes in their circumstances, and the enhancements to the eligibility criteria as announced at Budget 2022. The Government expanded the GSTV – Cash Assessable Income qualifying threshold from $28,000 to $34,000.
In all about 130,000 more Singaporeans will receive GSTV – Cash in 2022 as compared to 2021.