There will be another payment of the GST credits which given to us on 1st July 2009.
Depending on your annual income and house you stay in, the amount will range from $100 to $250.
Senior citizens aged 55 and above will get $50 to $250 more. 2/3 of this extra money will be in cash with the balance going to Medisave.
To check your eligibility or to sign up (you need not do this if you have done it before), you can visit the GST Credits website.
7 comments
Intheknow says:
June 23, 2009 at 3:28 pm (UTC 8)
to be accurate, the amount ranges from $0 to $250.
lioninvestor says:
June 23, 2009 at 4:12 pm (UTC 8)
Yes, sorry about that.
Those with annual value of home more than $100k will get $100, but as it is only given once, they will not get anything this time round if they have already received it.
Intheknow says:
June 24, 2009 at 8:57 am (UTC 8)
those who earn more than 100k per annum will get nothing this year.
Katy says:
June 24, 2009 at 11:38 am (UTC 8)
Pretty good post. I just came across your site and wanted to say
that I have really enjoyed reading your blog posts. Anyway
I’ll be subscribing to your blog and I hope you post again soon!
lioninvestor says:
June 30, 2009 at 12:42 pm (UTC 8)
Hi Katy,
Thanks for your support!
afai says:
June 30, 2009 at 1:13 am (UTC 8)
wad time will the gst money will be bank in to our account?
lioninvestor says:
June 30, 2009 at 12:38 pm (UTC 8)
Hi Afai,
The money should be in today.