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GST voucher & U-Save 2021: How much will you get & when? - Vimarsana News

GST voucher & U-Save 2021: How much will you get & when?

$150 to $450 There are different eligibility requirements, payout amounts and payout dates for each one. Details in the following sections. Do I qualify for GST Voucher – Cash in  2021? There are 5 main criteria to meet before you are eligible for GST Voucher – Cash in 2021.   You are a Singapore Citizen, residing in Singapore You are aged 21 years old and above in 2021 You earned $28,000 or less in 2020 Your home (as indicated on your NRIC) as at Dec 31, 2020 must not exceed $21,000 in Annual Value You must not own more than one property You will be notified in June 2021 if you are ...

JSS support for Singapore employers to include businesses required to suspend operations during Heightened Alert - Vimarsana News

JSS support for Singapore employers to include businesses required to suspend operations during Heightened Alert

The enhanced Jobs Support Scheme (JSS) will be provided to affected gyms, fitness studios, performing arts organisations, and arts education centres at 50%.

Property tax explained: Annual value, tax rate & how to make payment - Vimarsana News

Property tax explained: Annual value, tax rate & how to make payment

March 14, 2021 Pixabay Whether you’ve bought a home for your own stay or have a few investment properties under your belt, you may be required to pay property tax. Here’s a round-up of what you need to know. Owning a home comes with its fair share of responsibilities. One of which is paying property tax.  Whether you’re new to homeownership or you’ve been around the block, we’ve gathered all the information and resources you need to stay on top of your taxes. Last thing you’d want is to incur penalties for avoidable hiccups such as late payments.

First-time landlords take note: Here's how much you need to save before buying a rental, Money News - Vimarsana News

First-time landlords take note: Here's how much you need to save before buying a rental, Money News

Monthly loan repayments Tenant acquisition costs You should try to ensure you have three to six months of these recurring costs saved up, before starting to rent. Finally, you should set aside cash for contingencies, in the event of: Replacement of appliances Major repairs We will use, as our example, a 500 sq.ft. shoebox unit priced at $825,805. This is the average cost of a one-bedder, island-wide, as of 2020: These units are the most common choice for first-time investors, due to the lower quantum. Initial non-recurring costs 1. Down payment We have a more detailed description in our gui...

Should you invest in a 60-year leasehold property? A case study on Hillford - Vimarsana News

Should you invest in a 60-year leasehold property? A case study on Hillford

2073   The Hillford: Costs vs income I will be assuming the smallest unit here is purchased for investment given its low quantum and ease of renting it out. In this case the smallest unit at The Hillford is 398 sq ft, and data from URA indicates that the median price for such a unit is $475,000 in 2020. So $475,000 will be used as the starting price to extrapolate the price as the lease runs down. Using the depreciation table above, this means the 2021 prices would be $471,798. In 2022, it would be $465,054 and so on until $0 in 2073 when the lease runs to 0. Costs Breakdown of costs: