Of these 1.4million, nine in 10 eligible citizens will also receive their GSTV payouts automatically.
Details on the payouts
A Ministry of Finance press release stated that the GSTV – Cash Special Payment and GSTV – U-Save Special Payment are part of the S$900 million Household Support Package announced at Budget 2021, to provide additional support to families during this period of uncertainty. Lower- to middle-income families will receive more.
More details here:
GST Voucher cash payment
The GSTV – Cash Special Payment of S$200 will be credited directly into citizens’ bank accounts from June 23.
Those who do not have a PayNow-NRIC-linked bank account but have provided their bank account number to the Government previously, will receive their payouts via bank transfer on June 30.